Cipher Digital secures early Black Pearl delivery and 900MW Apollo site

CIFR Cipher Digital Inc

$13.52 +0.15%

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1. 1Cipher Digital (CIFR) delivered the initial Black Pearl data center capacity two months ahead of schedule, began collecting rent, and secured a 900MW site at Apollo
2. 2Net loss in the second quarter widened 484% to $267.5 million from $45.8 million a year earlier, while revenue was $25 million
3. 3The accelerated delivery is due to a lease amendment requested by an investment-grade hyperscale tenant, while the delivered capacity and lease revenue have not been disclosed

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