Wu said that Nasdaq-listed digital infrastructure company Cipher Digital (CIFR) released its Q1 2026 business update, with Q1 revenue of $35 million and an adjusted EBITDA of -$48 million. Cipher stated that 2026 will be a key year for the company's execution of its transformation strategy, with Barber Lake and Black Pearl data center construction progressing as planned, and in Q1, signing a third AI data center park lease agreement with an investment-grade Hyperscale client. Additionally, the company has secured a $200 million revolving credit line supported by multiple global financial institutions to enhance liquidity and support near-term expenses. Cipher said it will continue to advance its high-performance computing (HPC) infrastructure deployment.

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