Cipher Mining Announces the Signing of Option Agreements to Acquire 1.5 GW of Data Center Sites in West and North Texas
Cipher Mining Inc. (CIFR)
Company Research
Source: GlobeNewswire
Three sites featuring targeted capacity of 500MW each Signed option to lease or purchase a total of 580 acres of land, with two sites located in North Texas and one site located in West Texas Suitable for both HPC and bitcoin mining data centers NEW YORK, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”) today announced it has signed option agreements to acquire the recently announced three sites in West and North Texas from Juvo Energy. The three sites are adjacent to transmission assets and in the final stages of approval for interconnection with 500 MW targeted capacity per site. Cipher will be able to exercise the option in the next 24 months to acquire the sites, including 580 acres of land to be either leased or purchased. The ultimate purchase price to exercise the options for the sites will be determined by the number of megawatts actually approved for interconnection. The three sites all have the necessary characteri
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CIFR
News
- Cipher Mining Inc. (NASDAQ: CIFR) had its price target raised by analysts at BTIG Research from $6.00 to $9.00. They now have a "buy" rating on the stock.MarketBeat
- ETF flows on track to hit record above $1 trillion by year-end, VettaFi data shows [CNBC]CNBC
- Newsflash: Cipher Mining Inc. (NASDAQ:CIFR) Analysts Have Been Trimming Their Revenue Forecasts [Yahoo! Finance]Yahoo! Finance
- Cipher Mining Inc. (NASDAQ: CIFR) had its price target raised by analysts at Macquarie from $6.00 to $7.25. They now have an "outperform" rating on the stock.MarketBeat
- Cipher Mining Announces October 2024 Operational UpdateGlobeNewswire
CIFR
Earnings
- 10/31/24 - Beat
CIFR
Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- CIFR's page on the SEC website