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Cartis diligence evidence schedule

Cipher McLennan AI Data Center Campus

PRJ-0724 · Site · Texas, United States

Record last updated Oct 28, 2026

Scope and capacity

Cipher is advancing McLennan as a 500 MW gross-power HPC development site. The site is secured and in the interconnection process, but it is not yet an operating data center. Cipher Digital is publicly identified in the project record for McLennan County, TX, US. The disclosed development record includes 500 MW gross pipeline capacity; land secured; deposits funded; 2028 target subject to ERCOT. Power and infrastructure include planned hyperscale campus and ERCOT interconnection. Cipher reports 500 MW of gross pipeline capacity subject to ERCOT.

Headline: 500 MW Planned / design

Numbers refer to their stated physical boundaries and are not added together. Source dates, claim dates and record updates have different meanings. Missing dates and locators are not inferred.

Location context · McLennan campus | McLennan County | Texas

Actual · Cipher McLennan AI Data Center Campus (Project)

Claim 58743 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Cipher Digital Q2 2026 business update

    Cipher Digital · Document date: Aug 10, 2026 · Primary

    Source reference: SRC-3209 · Fact sheet · Recorded authority: Official primary

    Source URL

    https://www.sec.gov/Archives/edgar/data/1819989/000181998926000038/cipherdigital_businessup.htm

  2. Cipher Digital Q2 2026 business update

    Cipher Digital · Document date: Aug 10, 2026 · Primary

    Source reference: SRC-3215 · Fact sheet · Recorded authority: Official primary

    Source URL

    https://www.sec.gov/Archives/edgar/data/1819989/000181998926000038/cipherdigital_businessup.htm

Lifecycle status · Preconstruction

Actual · Cipher McLennan AI Data Center Campus (Project)

Claim 58744 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Cipher Digital Q2 2026 business update

    Cipher Digital · Document date: Aug 10, 2026 · Primary

    Source reference: SRC-3209 · Fact sheet · Recorded authority: Official primary

    Source URL

    https://www.sec.gov/Archives/edgar/data/1819989/000181998926000038/cipherdigital_businessup.htm

  2. Cipher Digital Q2 2026 business update

    Cipher Digital · Document date: Aug 10, 2026 · Primary

    Source reference: SRC-3215 · Fact sheet · Recorded authority: Official primary

    Source URL

    https://www.sec.gov/Archives/edgar/data/1819989/000181998926000038/cipherdigital_businessup.htm

Reported capacity · 500 MW

Planned / design or future potential · Cipher McLennan AI Data Center Campus (Project)

Claim 58745 · Recorded claim type: Design · Review: Approved · Claim date: Not stated

Headline treatment: Selected headline

  1. Cipher Digital Q2 2026 business update

    Cipher Digital · Document date: Aug 10, 2026 · Primary

    Source reference: SRC-3209 · Fact sheet · Recorded authority: Official primary

    Source URL

    https://www.sec.gov/Archives/edgar/data/1819989/000181998926000038/cipherdigital_businessup.htm

  2. Cipher Digital Q2 2026 business update

    Cipher Digital · Document date: Aug 10, 2026 · Primary

    Source reference: SRC-3215 · Fact sheet · Recorded authority: Official primary

    Source URL

    https://www.sec.gov/Archives/edgar/data/1819989/000181998926000038/cipherdigital_businessup.htm

Capacity basis · Cipher reports 500 MW of gross pipeline capacity subject to ERCOT.

Actual · Cipher McLennan AI Data Center Campus (Project)

Claim 58746 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Cipher Digital Q2 2026 business update

    Cipher Digital · Document date: Aug 10, 2026 · Primary

    Source reference: SRC-3209 · Fact sheet · Recorded authority: Official primary

    Source URL

    https://www.sec.gov/Archives/edgar/data/1819989/000181998926000038/cipherdigital_businessup.htm

  2. Cipher Digital Q2 2026 business update

    Cipher Digital · Document date: Aug 10, 2026 · Primary

    Source reference: SRC-3215 · Fact sheet · Recorded authority: Official primary

    Source URL

    https://www.sec.gov/Archives/edgar/data/1819989/000181998926000038/cipherdigital_businessup.htm

Development scale · 500 MW gross pipeline capacity

Actual · Cipher McLennan AI Data Center Campus (Project)

Claim 107556 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Cipher Digital Q2 2026 business update

    Cipher Digital · Document date: Aug 10, 2026 · Primary

    Source reference: SRC-3209 · Fact sheet · Recorded authority: Official primary

    Source URL

    https://www.sec.gov/Archives/edgar/data/1819989/000181998926000038/cipherdigital_businessup.htm

  2. Cipher Q4 2025 business update

    Cipher Digital · Document date: Feb 1, 2026 · Corroborating

    Source reference: SRC-5999 · Regulatory record · Recorded authority: Official primary

    Source URL

    https://www.sec.gov/Archives/edgar/data/1819989/000181998926000007/cipherdigital_businessup.htm

Development milestone · Land secured

Actual · Cipher McLennan AI Data Center Campus (Project)

Claim 107557 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Cipher Digital Q2 2026 business update

    Cipher Digital · Document date: Aug 10, 2026 · Primary

    Source reference: SRC-3209 · Fact sheet · Recorded authority: Official primary

    Source URL

    https://www.sec.gov/Archives/edgar/data/1819989/000181998926000038/cipherdigital_businessup.htm

  2. Cipher Q4 2025 business update

    Cipher Digital · Document date: Feb 1, 2026 · Corroborating

    Source reference: SRC-5999 · Regulatory record · Recorded authority: Official primary

    Source URL

    https://www.sec.gov/Archives/edgar/data/1819989/000181998926000007/cipherdigital_businessup.htm

Power arrangement · Deposits funded

Actual · Cipher McLennan AI Data Center Campus (Project)

Claim 107558 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Cipher Digital Q2 2026 business update

    Cipher Digital · Document date: Aug 10, 2026 · Primary

    Source reference: SRC-3209 · Fact sheet · Recorded authority: Official primary

    Source URL

    https://www.sec.gov/Archives/edgar/data/1819989/000181998926000038/cipherdigital_businessup.htm

  2. Cipher Q4 2025 business update

    Cipher Digital · Document date: Feb 1, 2026 · Corroborating

    Source reference: SRC-5999 · Regulatory record · Recorded authority: Official primary

    Source URL

    https://www.sec.gov/Archives/edgar/data/1819989/000181998926000007/cipherdigital_businessup.htm

Site configuration · 2028 Target subject to ERCOT.

Actual · Cipher McLennan AI Data Center Campus (Project)

Claim 107559 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Cipher Digital Q2 2026 business update

    Cipher Digital · Document date: Aug 10, 2026 · Primary

    Source reference: SRC-3209 · Fact sheet · Recorded authority: Official primary

    Source URL

    https://www.sec.gov/Archives/edgar/data/1819989/000181998926000038/cipherdigital_businessup.htm

  2. Cipher Q4 2025 business update

    Cipher Digital · Document date: Feb 1, 2026 · Corroborating

    Source reference: SRC-5999 · Regulatory record · Recorded authority: Official primary

    Source URL

    https://www.sec.gov/Archives/edgar/data/1819989/000181998926000007/cipherdigital_businessup.htm

Counterparties and capital

Cipher Digital · Developer · CMP-1460

This schedule captures public Cartis research. It is not a title, lien or legal-opinion report. Document page/section locators and claim review timestamps are included only when published; this version has no separate locator or claim-review-time feed.