Why Is Cipher Digital Stock Falling Wednesday?
CIFR stock slides 5% premarket as Cipher Digital prices $850M in convertible notes to fund its AI data center expansion strategy.
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Cipher Digital extends Barber Lake lease to 20 years, pushing total contracted revenue past $9B with a new top AI lab commitment.
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Filed: 2026-10-16 AccNo: 0001193125-26-424297 Size: 1 MB Item 1.01: Entry into a Material Definitive Agreement Item 2.03: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant Item 3.02: Unregistered Sales of Equity Securities Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits