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Cipher Digital Slips 3% Despite 20-year Barber Lake Lease Extension; TeraWulf Retreats 2%, IREN Limited Treads Water

Source: 247wallst.com

Company FundamentalsTechnology & InnovationInvestor Sentiment & Positioning
Cipher Digital Slips 3% Despite 20-year Barber Lake Lease Extension; TeraWulf Retreats 2%, IREN Limited Treads Water

Cipher Digital extended its Barber Lake, Texas data-center lease by 20 years, lifting total contracted campus revenue above $9 billion. Despite the long-term revenue visibility, CIFR shares fell 3% on Wednesday, while peer TeraWulf declined 2% to $14.

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