Cipher Digital Delivers Black Pearl Early
Cipher Digital delivers data center capacity ahead of schedule
CIFR Cipher Digital Delivers Black Pearl Early, Expands AI Data Center Pipeline ⠀ • Cipher delivered initial Black Pearl data center capacity two months ahead of schedule, and rent has commenced. • The company secured an option on the 900 MW Apollo site near San Antonio and completed financing to fully fund the Stingray data center development. • Q2 revenue totaled $25 million, while adjusted EBITDA was -$30 million. • Barber Lake and Stingray data center developments remain on schedule.