CIFR Stock Gains After Cipher Extends Barber Lake Lease To 20 Years, Contracted Revenue Tops $9B

Cipher Digital (CIFR) shares rallied in early morning trade on Friday after the company announced it extended the lease term at its Barber Lake data center from 10 years to 20, more than doubling contracted revenue at the site from $3.8 billion to over $9 billion.The additional 10-year commitment…