Cipher Digital stock rises 9% on new data center deal with Hyperscale tenant

25 Mar, 12:48
Source: CoinDesk

AI Summary

Cipher Digital stock surged 9% following announcement of a 15-year hyperscale lease and $200 million financing deal to expand AI data center operations.

The new 15-year hyperscale lease and $200 million in financing underscore the push into AI data centers.