Cipher Digital Extends Texas Data Center Lease to 20 Years with $5.2B Revenue Forecast

Key Facts

1Cipher Digital signed a binding commitment with a leading AI lab to extend the Barber Lake data center lease in Texas for an additional 10 years.

2The lease extension is expected to add $5.2 billion in total revenue over the full 20-year term.

Cipher Digital signed a binding commitment with a leading AI lab to extend the Barber Lake data center lease in Texas for an additional 10 years. Proactive Investors reported that the extension brings the total lease term to 20 years and is expected to generate $5.2 billion in incremental revenue over the full period.

The company stated that the new agreement follows the conclusion of its existing lease with Fluidstack, aimed at capturing high demand for AI infrastructure. Cipher Digital did not identify the AI lab or disclose further financial terms of the amended Fluidstack agreement, though total contracted revenue at the facility is now estimated to exceed $9 billion.