Cipher seeks $810m in senior secured notes for Stingray data center in West Texas
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$CIFR: Cipher Digital discloses AWS is the tenant for the 70 MW lease at their Stingray site in West Texas
— Blockspace (@blockspace) June 8, 2026
The agreement is a triple net lease for 15-years with up to $5.7B in contracted lease payments https://t.co/htkciu1BlJ pic.twitter.com/KNsgbxuofw
$CIFR finally put a name on the mystery tenant.
— Patient Investor (@PSInvestor) June 8, 2026
Back in March they signed a third data center lease and would only describe the counterparty as an investment-grade hyperscale tenant. Today's filing reveals it is $AMZN. The Stingray site in Andrews, Texas is leased to AWS, and it… https://t.co/qxiOAfL9G4 pic.twitter.com/XRvExOvQRy
$CIFR discloses terms for 70MW Stingray lease announced last month, offers $800M senior notes.
— matthew sigel, recovering CFA (@matthew_sigel) June 8, 2026
>Tenant is AWS
>15-year triple-net lease (100% margins)
>Starts April 27
>Implies $1.9B NOI/MW (high end of what we've seen)
>We had been modeling lower margins; NNN adds ~$1/share pic.twitter.com/nmA9mMQyVL