Cipher Mining (CIFR) Stock: Company Signs $5.5 Billion Amazon Web Services Lease Agreement
The post Cipher Mining (CIFR) Stock: Company Signs $5.5 Billion Amazon Web Services Lease Agreement appeared on BitcoinEthereumNews.com.
TLDR Cipher Mining signed a $5.5 billion, 15-year lease agreement with Amazon Web Services to provide space and power for AI workloads The deal includes 300 megawatts of capacity to be delivered in two phases throughout 2026, with both air and liquid cooling capabilities Cipher is forming a joint venture to develop a 1-gigawatt site called “Colchis” in West Texas, where it will hold approximately 95% equity ownership Combined with existing agreements with Fluidstack and Google, Cipher’s AI hosting contracts now total approximately $8.5 billion in lease payments The company completed a $1.3 billion convertible note offering and reported Q3 adjusted earnings of $41 million Cipher Mining stock jumped 15% on Monday following news of a massive new contract. The company announced a $5.5 billion, 15-year lease agreement with Amazon Web Services. CIPHER MINING REINVENTS ITSELF WITH AWS AI MEGA-DEAL Cipher Mining’s $6B, 15-year AWS lease for 300MW AI capacity marks a decisive move from crypto to compute. The 1GW Colchis campus cements its dominance in Texas’s power belt, aligning with Amazon’s AI ambitions. With peers… pic.twitter.com/O2DbykQo8W — Naeem Aslam (@NaeemAslam23) November 3, 2025 The deal centers on providing turnkey space and power for AI workloads. This marks a major shift for the company, which has been transitioning from cryptocurrency mining to AI infrastructure hosting. Under the terms of the agreement, Cipher will deliver 300 megawatts of capacity in 2026. The buildout includes both air and liquid cooling capabilities to handle high-performance computing demands. Cipher Mining Inc., CIFR The capacity rollout is planned in two phases. The first phase is expected to begin in July 2026, with the second completing in the fourth quarter of 2026. Rent payments from AWS will start in August 2026. This provides Cipher with a clear revenue timeline for the coming years. Texas Development Project…
Filed under: News - @ November 3, 2025 4:26 pm