Coin World News, Cipher Digital (CIFR) stock price 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 park, further strengthening its position as an AI infrastructure partner for large technology companies. On the financing front, the company has obtained a revolving credit facility supported by a syndicate of global banks, with a total size of up to $200 million, accompanied by an additional expansion option of $50 million, providing non-dilutive funding support for its expansion, liquidity management, and future growth.

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