Cipher Mining Inc (CIFR)

[Whalatane]

Well some questions definitely being raised at the amount of debt being raised and how short term that debt is

Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a leading developer and operator of industrial-scale data centers, today announced that its wholly-owned subsidiary, Cipher Compute LLC (the “Issuer”), has priced a $1.4 billion offering (the “Offering”) of 7.125% senior secured notes due 2030 (the “Notes”) at par.

Due in 2030 !
So we're betting on a rapid build out ...fully energized running data center with a high paying client ...within roughly the next 4 -5 yrs .
That appears to be the bet ...and that CIFR's ex google guys can pull it off .

Theres also this

Cipher Mining Inc. (NASDAQ:CIFR) shares surged 15% on Monday after the company revealed a landmark $5.5 billion, 15-year lease agreement with Amazon Web Services (NASDAQ:AMZN) to supply turnkey space and power capacity tailored for AI workloads.

Under the agreement, Cipher will deliver 300 megawatts of capacity in 2026, featuring both air and liquid cooling systems. The rollout will occur in two phases, beginning in July 2026 and completing by the fourth quarter of 2026, with lease payments set to start in August 2026.

Alongside the AWS partnership, Cipher announced the creation of a new joint entity to develop a 1-gigawatt AI-focused site in West Texas, named “Colchis.” Cipher will provide most of the project’s financing, securing roughly 95% equity ownership in the venture.

The company also pointed to its existing 10-year AI hosting agreement with Fluidstack and Google, noting that — together with the AWS deal — its AI hosting contracts now represent approximately $8.5 billion in total lease payments.

I assume they're using the Fluidstack ,Google and now AWS lease payments to pay for this new note



Kiwi