Cipher Digital extends Barber Lake data center lease to 20 years, lifts contracted revenue to over $9 billion

By Public Technologies
  • Cipher Digital extended the Barber Lake data center lease in Texas to 20 years from 10 years.
  • Total contracted revenue at the site rose to over $9 billion from $3.8 billion.
  • A separate 10-year commitment from a leading AI lab is expected to add about $5.2 billion in contracted revenue.
  • Phased data hall deliveries are expected from Q4 2026 through Q1 2027; first rent is expected to start in Q4 2026.
  • Cost framework sets Cipher’s first $359.3 million of excess costs; tenants reimburse 50% above that over 20 years via rent.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cipher Digital Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609250745PRIMZONEFULLFEED9834023) on September 25, 2026, and is solely responsible for the information contained therein.

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