Coin News reports that Cipher Digital (CIFR) stock rose approximately 9% in pre-market trading, following the company's announcement of signing a 15-year data center lease agreement with an investment-grade hyperscale customer and securing a maximum revolving credit facility of $200 million. According to the announcement, Cipher will develop and deliver high-performance computing (HPC) facilities on existing sites at its third data center campus, further strengthening its positioning as an AI infrastructure partner for major technology companies. On the financing front, the company has obtained a revolving credit facility supported by a syndicate of global banks with a maximum total size of $200 million, accompanied by an additional expansion option of $50 million, providing non-dilutive funding support for expansion, liquidity management, and future growth.

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