Tech
Cipher Digital Doubles Its Barber Lake Lease to 20 Years, Lifting Contracted Revenue Above $9 Billion
A binding commitment from an unnamed "leading AI lab" adds about $5.2 billion of rent behind Fluidstack's existing term at the West Texas campus.
By Tomás Videla
Sep 25, 2026 · 6 min read
Cipher Digital Inc. (NASDAQ: CIFR) said Friday morning that it has extended the contracted life of its Barber Lake data center in Colorado City, Texas, from 10 years to 20, taking total contracted revenue at the site from $3.8 billion to more than $9 billion. The company issued the release at 7:45 a.m. Eastern on Sept. 25 and filed a corresponding Form 8-K under Item 8.01 with an event date of Sept. 24.
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Tomás Videla
Tomás writes about growth-stage companies, compensation and the private markets that fund them.
Tomás writes about growth-stage companies, compensation and the private markets that fund them.