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Cipher Digital — Third Quarter 2026 Earnings Summary

Cipher Digital Inc. recognized its first high-performance computing lease revenue in the third quarter of 2026 following rent commencement at its Black Pearl facility. The company expanded the lease term for its Barber Lake site to 20 years, increasing total contracted revenue at the location to approximately $9.1 billion. Financial results for the quarter showed revenue of $27 million and an adjusted EBITDA of negative $10 million, while the company also received conditional base load classifications for 1 GW at Colchis and advanced development on lateral pipelines to support up to 2.5 GW of on-site generation.

Company
CIPHER DIGITAL INC
Sector
Technology
Industry
Information Technology Services