Cipher Mining

CIFRpublic
crypto-blockchainUSciphermining.com$15.94

Backers

No backer on file. That means no tracked fund's portfolio or Form D names this company — not that it is unbacked.

Thesis

Cipher Mining is a US company in the crypto & blockchain layer of the AI compute stack. Management leaned into the theme on recent earnings calls — 2 AI and 14 data-center mentions across 1 release in the trailing two quarters.

Risk: Like most of the crypto & blockchain layer, the AI narrative is additive rather than core — if AI capex slows, the stock trades on its legacy business, not the theme.

Contracts as provider

3 disclosures · 300 MW · $10.70B
FiledCustomerKindSiteMWGPUsTermTotalStatusSource
Sep 25, 2026a leading AI labHosting servicesBarber Lake Facility——10 yr$5.20BAmendedauto8-K
excerpt
Concurrently with the execution of the Amendment, the Company entered into a binding commitment with a leading AI lab to enter into a ten-year lease for the Barber Lake Facility (the “New Barber Lake Lease”) to commence following the term of the Barber Lake Lease with Fluidstack (the “Commitment”), thereby extending the aggregate contracted term for the Barber Lake Facility to twenty years. The New Barber Lake Lease will contain economic terms that are substantially consistent with the Barber Lake Lease and is expected to result in incremental aggregate contracted revenue of approximately $5.2 billion.
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Nov 3, 2025Amazon Web ServicesColocation lease—300 MW—15 yr$5.50BAmendedverified8-K
excerpt
Cipher today announced an approximately $5.5 billion, 15-year lease agreement with Amazon Web Services to provide turnkey space and power for AI workloads. Under the terms of this lease agreement, Cipher will deliver 300 MW of capacity in 2026, including both air and liquid cooling to the racks. The capacity will be delivered in two phases, expected to begin in July 2026 and complete in the fourth quarter of 2026, with rent commencing in August 2026.
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Nov 3, 2025Fluidstack and GoogleHosting services———10 yr—Amendedverified8-K
excerpt
Executed 10-Year AI Hosting Agreement with Fluidstack and Google
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Concentration over time

2 filing dates
As ofContractsValueTop customerTop share
Nov 3, 20252$5.50BAmazon Web Services100%
Sep 25, 20263$10.70BAmazon Web Services51%

Contracts as customer

No filing on file names Cipher Mining as the buyer of disclosed capacity. Undisclosed counterparties ("a hyperscaler") are not attributed.

Signals

30 most recent
Aug 4, 2026FilingCipher Mining 8-K — Earnings results · Reg FD disclosure · Financial statements / exhibits8-K
Jun 15, 2026FilingCipher Mining 8-K — Material agreement · Debt obligation · Financial statements / exhibits8-K
Jun 8, 2026FilingCipher Mining 8-K — Other event · Financial statements / exhibits8-K
Jun 8, 2026FilingCipher Mining 8-K — Reg FD disclosure · Other event · Financial statements / exhibits8-K
Jun 2, 2026FilingCipher Mining 8-K — Vote of security holders8-K
May 26, 2026FilingHighTower Advisors LLC Purchases 95,686 Shares of Cipher Mining Inc. $CIFR - MarketBeatnews
May 25, 2026FilingIREN vs. CIFR: Which AI Data Center Stock Has an Edge Right Now? - Zacks Investment Researchnews
May 24, 2026FilingA Look At Cipher Digital (CIFR) Valuation After Recent Rebrand And Strong Share Price Momentum - simplywall.stnews
May 21, 2026FilingCipher Mining Inc. (CIFR) Stock Dips While Market Gains: Key Facts - MSNnews
May 12, 2026Filing$CIFR stock is down 5% today. Here's what we see in our data. - Quiver Quantitativenews
May 5, 2026FilingCipher Mining 8-K — Earnings results · Reg FD disclosure · Financial statements / exhibits8-K
May 5, 2026FilingCipher signs third AI data center lease, secures $200M credit line - Stock Titannews
May 5, 2026FilingWhy Is CIFR Stock Rising Despite Q1 Earnings Miss? - Stocktwitsnews
Apr 16, 2026FilingCipher Digital Inc. (CIFR) Stock Drops Despite Market Gains: Important Facts to Note - Yahoo Financenews
Mar 23, 2026FilingCipher Mining 8-K — Material agreement · Debt obligation · Financial statements / exhibits8-K
Feb 20, 2026FilingCipher Mining 8-K — Earnings results · Reg FD disclosure · Financial statements / exhibits8-K
Feb 11, 2026FilingCipher Mining 8-K — Material agreement · Debt obligation · Financial statements / exhibits8-K
Feb 11, 2026FilingCipher Mining 8-K — Officer / director change · Reg FD disclosure · Financial statements / exhibits8-K
Feb 4, 2026FilingCipher Mining 8-K — Other event · Financial statements / exhibits8-K
Feb 3, 2026FilingCipher Mining 8-K — Reg FD disclosure · Other event · Financial statements / exhibits8-K
Nov 24, 2025FilingCipher Mining 8-K — Material agreement · Debt obligation · Financial statements / exhibits8-K
Nov 20, 2025FilingCipher Mining 8-K — Material agreement · Reg FD disclosure · Other event · Financial statements / exhibits8-K
Nov 13, 2025FilingCipher Mining 8-K — Material agreement · Debt obligation · Financial statements / exhibits8-K
Nov 5, 2025FilingCipher Mining 8-K — Other event · Financial statements / exhibits8-K
Nov 4, 2025FilingCipher Mining 8-K — Other event · Financial statements / exhibits8-K
Nov 4, 2025FilingCipher Mining 8-K — Reg FD disclosure · Financial statements / exhibits8-K
Nov 3, 2025FilingCipher Mining 8-K — Earnings results · Reg FD disclosure · Financial statements / exhibits8-K
Oct 6, 2025FilingCipher Mining 8-K — Officer / director change · Reg FD disclosure · Financial statements / exhibits8-K
Sep 25, 2025FilingCipher Mining 8-K — Material agreement · Debt obligation · Unregistered equity sale · Financial statements / exhibits8-K
Sep 25, 2025FilingCipher Mining 8-K — Other event · Financial statements / exhibits8-K