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Cartis diligence evidence schedule

Cipher Ulysses AI Data Center Campus

PRJ-0727 · Site · Ohio, United States

Record last updated Oct 28, 2026

Scope and capacity

Cipher is preparing Ulysses as a 200 MW gross-power HPC campus in Ohio. Interconnection is approved and substation work has begun, while tenant discussions remain ongoing. Cipher Digital is publicly identified in the project record for Ohio location undisclosed, OH, US. The disclosed development record includes 200 MW gross capacity; interconnection approved; substation development initiated; target energization Q4 2027. Power and infrastructure include approved grid interconnection and new substation for an HPC campus. Cipher reports 200 MW gross capacity with approved interconnection.

Headline: 200 MW Utility capacity

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 · Ulysses campus | Ohio | precise boundary undisclosed

Actual · Cipher Ulysses AI Data Center Campus (Project)

Claim 58755 · 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-3218 · 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 Ulysses AI Data Center Campus (Project)

Claim 58756 · 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-3218 · Fact sheet · Recorded authority: Official primary

    Source URL

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

Reported capacity · 200 MW

Design · Cipher Ulysses AI Data Center Campus (Project)

Claim 58757 · 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-3218 · Fact sheet · Recorded authority: Official primary

    Source URL

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

Capacity basis · Cipher reports 200 MW gross capacity with approved interconnection.

Actual · Cipher Ulysses AI Data Center Campus (Project)

Claim 58758 · 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-3218 · Fact sheet · Recorded authority: Official primary

    Source URL

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

Development scale · 200 MW gross capacity

Actual · Cipher Ulysses AI Data Center Campus (Project)

Claim 107568 · 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-6005 · Regulatory record · Recorded authority: Official primary

    Source URL

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

Development milestone · Interconnection approved

Actual · Cipher Ulysses AI Data Center Campus (Project)

Claim 107569 · 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-6005 · Regulatory record · Recorded authority: Official primary

    Source URL

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

Power arrangement · Substation development initiated

Actual · Cipher Ulysses AI Data Center Campus (Project)

Claim 107570 · 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-6005 · Regulatory record · Recorded authority: Official primary

    Source URL

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

Site configuration · Target energization Q4 2027.

Actual · Cipher Ulysses AI Data Center Campus (Project)

Claim 107571 · 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-6005 · 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-1463

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.