Cipher Digital's Q1 2026: $11.4B Revenue, 3 GW Pipeline

Cipher Digitals Q1 2026 update showcases impressive execution in the hyperscale data center market. They secured a third long-term lease with a hyperscaler, boosting contracted capacity to 907 MW and securing $11.4 billion in revenue. They also closed a $2 billion bond and a $200 million revolving credit facility. Construction progress is robust, with Barber Lakes structure completed in 127 days and Black Pearls phase two underway. Their Odessa Bitcoin operation is self-funding. Investors are excited about the shift to stable AI infrastructure cash flows, with hyperscalers like Google and AWS signing on. The companys vertically integrated setup and geographic spread to Ohio add appeal. The pipeline progress is promising, with Reveille and Ulysses interconnection approved and tenant talks heating up. Cipher Digital is well-positioned for a decade of growth as data center demand surges. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/09010fcb1b7c9125