Cipher Mining (CIFR) acquired a 250-acre data center site in West Texas with a capacity of up to 100 megawatts for $4.1 million.
A variable fee of $1.5 per megawatt hour will be charged for the initial five years after the site gets connected to the electrical grid, the company said Tuesday in a statement.
The site, called Stingray, has regulatory approvals and a facility extension agreement with Oncor, an electric transmission and distribution company in Texas, Cipher Mining said. Anticipated availability of power consumption is H1 2026.
Shares of Cipher Mining fell 10% in recent Tuesday trading.
Price: 5.80, Change: -0.65, Percent Change: -10.16
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。