Cipher Mining signs $3 billion AI hosting deal with Fluidstack
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Cipher Mining Signs 168 MW, 10-Year AI Hosting Agreement with Fluidstack
September 25, 2025 6:19 AM UTCTransaction Secures ~$3 Billion in Contracted Revenue over 10-Year Term
Expected Delivery of 168 MW of Critical IT Load by September of 2026
Google Backstops $1.4 Billion of Fluidstacks Obligations and Receives ~5.4% Equity Stake in Cipher
Establishes Cipher, with its ~2.4 GW Pipeline, as a Major AI Data Center Developer
NEW YORK, Sept. 25, 2025 (GLOBE NEWSWIRE) --... More
