Cipher Digital

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $Cipher Digital(CIFR.US) Cipher Digital, Fluidstack and Anthropic Commit $𝟭𝟬 𝗠𝗶𝗹𝗹𝗶𝗼𝗻 to Texas Water Infrastructure

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗖𝗶𝗽𝗵𝗲𝗿, 𝗙𝗹𝘂𝗶𝗱𝘀𝘁𝗮𝗰𝗸 and 𝗔𝗻𝘁𝗵𝗿𝗼𝗽𝗶𝗰 jointly commit $𝟭𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻.

➤ Funding targets 𝗖𝗼𝗹𝗼𝗿𝗮𝗱𝗼 𝗖𝗶𝘁𝘆's aging water infrastructure in Texas.

➤ Projects include additional 𝘄𝗮𝘁𝗲𝗿 𝘀𝘁𝗼𝗿𝗮𝗴𝗲 and replacement of aging valves.

➤ Companies established the nonprofit 𝗖𝗼𝗹𝗼𝗿𝗮𝗱𝗼 𝗖𝗶𝘁𝘆 𝗪𝗮𝘁𝗲𝗿 𝗜𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝗙𝗼𝘂𝗻𝗱𝗮𝘁𝗶𝗼𝗻.

➤ Foundation will coordinate projects with 𝗖𝗼𝗹𝗼𝗿𝗮𝗱𝗼 𝗖𝗶𝘁𝘆 officials and engineers.

➤ Investment follows chronic outages and July storm damage to water infrastructure.

➤ Cipher's 𝗕𝗮𝗿𝗯𝗲𝗿 𝗟𝗮𝗸𝗲 data center uses its own water supply.

➤ Facility draws 𝗻𝗼 𝘄𝗮𝘁𝗲𝗿 from Colorado City's municipal system.

➤ Cipher says operations won't impact local drinking water or residential utility bills.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ The $𝟭𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 commitment could improve local water reliability and resilience.

➤ Investment addresses community infrastructure concerns surrounding expanding 𝗔𝗜 𝗱𝗮𝘁𝗮 𝗰𝗲𝗻𝘁𝗲𝗿 development.

➤ Independent on-site water reduces potential competition with 𝗿𝗲𝘀𝗶𝗱𝗲𝗻𝘁𝗶𝗮𝗹 𝘄𝗮𝘁𝗲𝗿 demand.

➤ Partnership highlights community investment alongside growing 𝗔𝗜 𝗶𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 deployment.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:

𝗗𝘂𝘀𝘁𝗶𝗻 𝗕𝘂𝗿𝗿𝗼𝘄𝘀, Texas House Speaker:

"As Texas continues to grow, it is important that the companies helping drive that growth are also good neighbors and partners in our communities. This donation for Colorado City's water infrastructure will strengthen the region's water future while demonstrating a commitment to the Texans who call this community home. I want to thank the companies for their generosity and for investing in the long-term future of Colorado City and West Texas."

𝗥𝘂𝗯𝗲𝗻 𝗛𝘂𝗿𝘁, Colorado City Mayor:

"When we welcomed these companies to our community, they told us they would be good neighbors. This $10 million contribution for critical repairs to our local water system demonstrates they meant every word."

𝗧𝘆𝗹𝗲𝗿 𝗣𝗮𝗴𝗲, Cipher's Chief Executive Officer:

"Being a good neighbor means showing up for the issues that matter most to the communities where we operate, even when those issues predate us. In Colorado City, we wanted to invest directly in solutions that will benefit the community for years to come. We're grateful to Speaker Burrows and local leaders for their partnership, and proud that Colorado City is home to one of our data centers."

𝗞𝗮𝘁𝗲 𝗙𝗿𝗮𝗻𝗸𝗼, Public Affairs Lead for Fluidstack:

"Everywhere Fluidstack operates, we try to listen first and understand what the community actually needs. This summer, our neighbors here had a problem. We asked if we could help, and we're glad the answer was yes."

𝗥𝘆𝗮𝗻 𝗪𝗶𝗹𝘀𝗼𝗻, Head of Economic Development for Anthropic:

"Communities that host AI infrastructure should be better off for it. Colorado City's leaders identified what their water system needs, and we're glad to help fund it.”

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $Cipher Digital(CIFR.US) Cipher Developing Natural Gas Pipelines to Support Up to 2.5 GW of New Data Center Power

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗖𝗶𝗽𝗵𝗲𝗿 begins developing natural gas lateral pipelines across multiple sites.

➤ Pipelines could support up to 𝟮.𝟱 𝗚𝗪 of on-site generation.

➤ Infrastructure will connect Cipher sites with nearby 𝗻𝗮𝘁𝘂𝗿𝗮𝗹 𝗴𝗮𝘀 supplies.

➤ Cipher will partner with power providers on generation infrastructure.

➤ New power is targeted to become available before 𝗲𝗻𝗱-𝟮𝟬𝟮𝟳.

➤ Additional generation could expand Cipher's leasable 𝗛𝗣𝗖 𝗱𝗮𝘁𝗮 𝗰𝗲𝗻𝘁𝗲𝗿 capacity.

➤ Cipher plans to lease expanded capacity to 𝗽𝗿𝗲𝗺𝗶𝗲𝗿 𝗛𝗣𝗖 tenants.

➤ Company intends to seek 𝗴𝗿𝗶𝗱 𝗰𝗼𝗻𝗻𝗲𝗰𝘁𝗶𝗼𝗻 for new generation capacity.

➤ Strategy aims to accelerate power availability while supporting 𝗴𝗿𝗶𝗱 𝘀𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Up to 𝟮.𝟱 𝗚𝗪 could materially increase Cipher's HPC leasing potential.

➤ On-site generation could reduce dependence on lengthy 𝗴𝗿𝗶𝗱 𝗶𝗻𝘁𝗲𝗿𝗰𝗼𝗻𝗻𝗲𝗰𝘁𝗶𝗼𝗻 timelines.

➤ Additional power could support growing demand for 𝗔𝗜 and HPC infrastructure.

➤ More leasable capacity could expand Cipher's potential 𝗹𝗼𝗻𝗴-𝘁𝗲𝗿 𝗿𝗲𝘃𝗲𝗻𝘂𝗲 opportunity.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁:

𝗧𝘆𝗹𝗲𝗿 𝗣𝗮𝗴𝗲, Chief Executive Officer:

“Securing and delivering power is the foundation of everything we do and bringing our own electricity generation allows us to unlock significant new capacity quickly,” said Tyler Page, Chief Executive Officer. “By developing these lateral pipelines, we are taking a decisive step toward adding up to 2.5 GW of power to our portfolio, and we plan to seek grid connection for this generation capacity, in an effort to proactively contribute to greater grid stability in the communities in which we build our data centers.”

$Cipher Digital(CIFR.US) | Citizens 𝗿𝗲𝗶𝘁𝗲𝗿𝗮𝘁𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗢𝘂𝘁𝗽𝗲𝗿𝗳𝗼𝗿𝗺 on 𝗖𝗶𝗽𝗵𝗲𝗿 𝗠𝗶𝗻𝗶𝗻𝗴, PT $𝟯𝟬

Analyst sees Cipher converting its growing AI infrastructure pipeline into recurring infrastructure cash flows.

⚡ 𝐔𝐏𝐃𝐀𝐓𝐄: Trump says data centers could be more important than oil - $Nebius(NBIS.US) $Coreweave(CRWV.US) $IREN(IREN.US) $Cipher Digital(CIFR.US) $Terawulf(WULF.US) $Applied Digital(APLD.US) $Galaxy Digital(GLXY.US) $SharonAI(SHAZ.US) $Navitas Semiconductor(NVTS.US)

Trump told Punchbowl News he had seen signs Texas appears to be opposing data-center construction and said that would be a mistake. He added he was not taking a formal position but noted communities that welcome data centers draw substantial capital inflows, that some data centers are striking buildings, and that they are economically important; if Texas says no, he said, it would be an error because data centers may be more important than oil.

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $Cipher Digital(CIFR.US) Cipher Digital Accelerates Black Pearl Data Center Delivery, Secures New 900 MW Site

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗖𝗶𝗽𝗵𝗲𝗿 delivered initial 𝗕𝗹𝗮𝗰𝗸 𝗣𝗲𝗮𝗿𝗹 data center capacity ahead of schedule.

➤ Rent has commenced after delivery accelerated by 𝟮 𝗺𝗼𝗻𝘁𝗵𝘀.

➤ Company secured an option for the 𝟵𝟬𝟬 𝗠𝗪 Apollo site near San Antonio.

➤ Apollo spans approximately 𝟮𝟴𝟴 𝗮𝗰𝗿𝗲𝘀 and entered ERCOT's Batch Zero process.

➤ Cipher completed financing to fully fund the 𝗦𝘁𝗶𝗻𝗴𝗿𝗮𝘆 data center development.

➤ Financing reimbursed $𝟱𝟲.𝟳 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 of previously funded project costs.

➤ Q2 revenue totaled $𝟮𝟱 𝗺𝗶𝗹𝗹𝗶𝗼𝗻.

➤ Adjusted EBITDA was -$𝟯𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in Q2 2026.

➤ Barber Lake and Stingray data center developments remain on schedule.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Earlier Black Pearl delivery accelerates rental revenue generation.

➤ New 𝟵𝟬𝟬 𝗠𝗪 site significantly expands Cipher's AI data center pipeline.

➤ Project financing strengthens funding visibility for future HPC expansion.

➤ Reinforces growing hyperscaler demand for AI-ready data center capacity.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:

𝗧𝘆𝗹𝗲𝗿 𝗣𝗮𝗴𝗲, Chief Executive Officer:

“We are proud to have delivered our first HPC data center capacity ahead of schedule and announce that rent has commenced at the site. This accelerated delivery proves we can execute at scale, with speed, and without compromise in a challenging environment. As we continue to acquire new sites and sign new deals, our foundation of disciplined execution is what truly sets us apart.”

𝗧𝘆𝗹𝗲𝗿 𝗣𝗮𝗴𝗲, Chief Executive Officer:

“A core strength of our strategy is its repeatability, and in the second quarter, we demonstrated that once again. We accessed capital markets to fund another one of our leases, secured an option on a new site, and delivered accelerated capacity to our tenant, further building our position as a leading HPC development platform. We look forward to carrying this momentum into the third quarter, where we expect to make significant additional progress.”

$Cipher Digital(CIFR.US) Q2 EARNINGS DOUBLE MISS 🩸

EPS: $(0.65) vs $(0.22) est

Sales: $24.837M vs $32.515M est

🟥 -8.15%