📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $Cipher Digital(CIFR.US) Cipher Developing Natural Gas Pipelines to Support Up to 2.5 GW of New Data Center Power

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗖𝗶𝗽𝗵𝗲𝗿 begins developing natural gas lateral pipelines across multiple sites.

➤ Pipelines could support up to 𝟮.𝟱 𝗚𝗪 of on-site generation.

➤ Infrastructure will connect Cipher sites with nearby 𝗻𝗮𝘁𝘂𝗿𝗮𝗹 𝗴𝗮𝘀 supplies.

➤ Cipher will partner with power providers on generation infrastructure.

➤ New power is targeted to become available before 𝗲𝗻𝗱-𝟮𝟬𝟮𝟳.

➤ Additional generation could expand Cipher's leasable 𝗛𝗣𝗖 𝗱𝗮𝘁𝗮 𝗰𝗲𝗻𝘁𝗲𝗿 capacity.

➤ Cipher plans to lease expanded capacity to 𝗽𝗿𝗲𝗺𝗶𝗲𝗿 𝗛𝗣𝗖 tenants.

➤ Company intends to seek 𝗴𝗿𝗶𝗱 𝗰𝗼𝗻𝗻𝗲𝗰𝘁𝗶𝗼𝗻 for new generation capacity.

➤ Strategy aims to accelerate power availability while supporting 𝗴𝗿𝗶𝗱 𝘀𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Up to 𝟮.𝟱 𝗚𝗪 could materially increase Cipher's HPC leasing potential.

➤ On-site generation could reduce dependence on lengthy 𝗴𝗿𝗶𝗱 𝗶𝗻𝘁𝗲𝗿𝗰𝗼𝗻𝗻𝗲𝗰𝘁𝗶𝗼𝗻 timelines.

➤ Additional power could support growing demand for 𝗔𝗜 and HPC infrastructure.

➤ More leasable capacity could expand Cipher's potential 𝗹𝗼𝗻𝗴-𝘁𝗲𝗿 𝗿𝗲𝘃𝗲𝗻𝘂𝗲 opportunity.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁:

𝗧𝘆𝗹𝗲𝗿 𝗣𝗮𝗴𝗲, Chief Executive Officer:

“Securing and delivering power is the foundation of everything we do and bringing our own electricity generation allows us to unlock significant new capacity quickly,” said Tyler Page, Chief Executive Officer. “By developing these lateral pipelines, we are taking a decisive step toward adding up to 2.5 GW of power to our portfolio, and we plan to seek grid connection for this generation capacity, in an effort to proactively contribute to greater grid stability in the communities in which we build our data centers.”