Cipher Stingray AI Data Center Campus

Cipher is constructing Stingray as a fully financed 100 MW gross-capacity HPC campus. Earthwork and underground electrical work were underway in mid-2026, with delivery targeted for the first half of 2027. Cipher Digital is publicly identified in the project record for Texas location undisclosed, TX, US. The disclosed development record includes 100 MW gross contracted campus capacity; project financing completed; first-half 2027 delivery target. Power and infrastructure include purpose-built hyperscale campus with secured long-lead equipment and project financing. Cipher includes Stingray within its 700 MW of contracted gross HPC capacity.