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

The new 15-year hyperscale lease and $200 million in financing underscore the push into AI data centers. What to know : Cipher Digital (CIFR) rose 9% in pre-market trading after the former crypto mining company said it signed a 15-year lease with a hyperscale tenant to develop its third high-performance computing data center campus. The company also secured a revolving credit facility of up to $200 million, with an additional $50 million option to support expansion and enhance liquidity.