{"success":true,"data":{"pressRelease":{"id":"135125","rtpr_id":"nGNX3mNvSt","ticker":"CIFR","exchange":"NASDAQ","all_tickers":["CIFR"],"title":"Cipher Digital Begins Development of Lateral Pipelines to Facilitate Data Center Expansion via Bring-Your-Own-Generation","author":"Globe Newswire","published_at":"2026-09-03T12:25:58.121Z","article_body":"Developing Lateral Pipelines Capable of Delivering Natural Gas Sufficient to\nSupport Up to 2.5 GW of New Generation Across Multiple Sites\n\nNew Generation Expected to Increase Cipher’s Leasable HPC Data Center\nCapacity\n\nNEW YORK, Sept. 03, 2026 (GLOBE NEWSWIRE) -- Cipher Digital Inc.\n(https://www.globenewswire.com/Tracker?data=uDZ8Y-PTq2knvwg1YVFmfX-cOvoBpnom6qkwQT7KAK_bWHPNU2vnM4d45aUXem4ZBi-VlLIpLU5ipxZvCpKAnsn3vr11DHwHkhYirrqFg5E=)\n(NASDAQ: CIFR) (“Cipher” or the “Company”), a leading developer,\nowner, and operator of industrial-scale data centers, today announces that it\nhas begun the development of lateral pipelines at multiple sites to deliver\nnatural gas to support bring-your-own-generation capacity.\n\nThe lateral pipelines will connect Cipher’s sites to nearby natural gas\nsupplies, enabling on-site generation of up to 2.5 gigawatts (“GW”) of\nelectricity. Cipher will work with power providers to develop and operate\ngeneration infrastructure at these sites, and building the lateral pipelines\nis a significant step toward making new power available to the sites before\nthe end of 2027.\n\nThe Company plans to use this bring-your-own-generation capacity to develop\nand lease additional industrial-scale data center capacity to premier tenants\nfor HPC workloads. The proximity of Cipher’s sites to significant natural\ngas resources provides an excellent opportunity for the Company to expand its\nleasing portfolio.\n\n“Securing and delivering power is the foundation of everything we do and\nbringing our own electricity generation allows us to unlock significant new\ncapacity quickly,” said Tyler Page, Chief Executive Officer. “By\ndeveloping these lateral pipelines, we are taking a decisive step toward\nadding up to 2.5 GW of power to our portfolio, and we plan to seek grid\nconnection for this generation capacity, in an effort to proactively\ncontribute to greater grid stability in the communities in which we build our\ndata centers.”\n\nAbout Cipher\n\nCipher develops and operates industrial-scale data centers engineered for\nnext-generation computing at the highest standards of innovation, precision,\nand excellence. The Company brings together deep expertise across power\nsourcing, construction, engineering, operations, real estate, and technology\nto deliver high-quality data centers purpose built for HPC workloads. By\npartnering with premier tenants, Cipher seeks to meet the growing demand for\nindustrial-scale data center capacity and become a leading HPC development\nplatform that is built for hyperscale. To learn more about Cipher, please\nvisit https://www.cipherdigital.com/.\n\nForward-Looking Statements\n\nThis press release contains certain forward-looking statements within the\nmeaning of the federal securities laws of the United States. The Company\nintends such forward-looking statements to be covered by the safe harbor\nprovisions for forward-looking statements contained in the Private Securities\nLitigation Reform Act of 1995 and includes this statement for purposes of\ncomplying with these safe harbor provisions. Any statements made in this press\nrelease that are not statements of historical fact, such as statements about\nthe development and timing of the lateral pipelines, the amount and timing of\npower generation capacity, the expected impact on the Company’s leasable\ndata center capacity, the Company’s beliefs and expectations regarding its\nplanned business model and strategy, timing and likelihood of success,\ncapacity, functionality and operation of its data centers, expectations\nregarding its data center development and operations, potential strategic\ninitiatives, and management plans and objectives, are forward-looking\nstatements and should be evaluated as such. These forward-looking statements\ngenerally are identified by the words “may,” “will,” “should,”\n“expects,” “plans,” “anticipates,” “could,” “seeks,”\n“intends,” “targets,” “projects,” “contemplates,”\n“believes,” “estimates,” “strategy,” “future,”\n“forecasts,” “opportunity,” “predicts,” “potential,”\n“would,” “will likely result,” “continue,” and similar expressions\n(including the negative versions of such words or expressions).\n\nThese forward-looking statements are based upon estimates and assumptions\nthat, while considered reasonable by Cipher and its management, are inherently\nuncertain. Such forward-looking statements are subject to risks,\nuncertainties, and other factors that could cause actual results to differ\nmaterially from those expressed or implied by such forward-looking statements.\nNew risks and uncertainties may emerge from time to time, and it is not\npossible to predict all risks and uncertainties. Many factors could cause\nactual future events to differ materially from the forward-looking statements\nin this press release, including but not limited to: volatility in the price\nof Cipher’s securities due to a variety of factors, including changes in the\ncompetitive and regulated industry in which Cipher operates, Cipher’s\nevolving business model and strategy and efforts it may make to modify aspects\nof its business model or engage in various strategic initiatives, variations\nin performance across competitors, changes in laws and regulations affecting\nCipher’s business, and the ability to implement business plans, forecasts,\nand other expectations and to identify and realize additional opportunities.\nThe foregoing list of factors is not exhaustive. You should carefully consider\nthe foregoing factors and the other risks and uncertainties described in the\n“Risk Factors” section of Cipher’s Annual Report on Form 10-K for the\nfiscal year ended December 31, 2025 filed with the Securities and Exchange\nCommission (“SEC”) on February 24, 2026, Cipher’s Quarterly Report on\nForm 10-Q for the quarterly period ended June 30, 2026 filed with the SEC on\nAugust 4, 2026, and in Cipher’s subsequent filings with the SEC. These\nfilings identify and address other important risks and uncertainties that\ncould cause actual events and results to differ materially from those\ncontained in the forward-looking statements. Forward-looking statements speak\nonly as of the date they are made. Readers are cautioned not to put undue\nreliance on forward-looking statements, and Cipher assumes no obligation and,\nexcept as required by law, does not intend to update or revise these\nforward-looking statements, whether as a result of new information, future\nevents, or otherwise.\n\nWebsite Disclosure\n\nThe Company maintains a dedicated investor website at\nhttps://investors.cipherdigital.com/ (“Investors’ Website”). Financial\nand other important information regarding the Company is routinely posted on\nand accessible through the Investors’ Website. Cipher uses its Investors’\nWebsite as a distribution channel of material information about the Company,\nincluding through press releases, investor presentations, reports and notices\nof upcoming events. Cipher intends to utilize its Investors’ Website as a\nchannel of distribution to reach public investors and as a means of disclosing\nmaterial non-public information for complying with disclosure obligations\nunder Regulation FD. In addition, you may sign up to automatically receive\nemail alerts and other information about the Company by visiting the “Email\nAlerts” option under the Investor Resources section of Cipher’s\nInvestors’ Website and submitting your email address.\n\nContacts:\n\nInvestor Contact:\nCourtney Knight\nHead of Investor Relations at Cipher Digital\ncourtney.knight@cipherdigital.com\n\nMedia Contact:\nRyan Dicovitsky\nDukas Linden Public Relations\nCipherDigital@DLPR.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/1948720d-ed4b-4c60-b4fd-ca5ed20bcc0c)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX3mNvSt","title":"Cipher Digital Begins Development of Lateral Pipelines to Facilitate Data Center Expansion via Bring-Your-Own-Generation","author":"Globe Newswire","ticker":"CIFR","created":"2026-09-03T12:25:58.121Z","tickers":["CIFR"],"exchange":"NASDAQ","article_body":"Developing Lateral Pipelines Capable of Delivering Natural Gas Sufficient to\nSupport Up to 2.5 GW of New Generation Across Multiple Sites\n\nNew Generation Expected to Increase Cipher’s Leasable HPC Data Center\nCapacity\n\nNEW YORK, Sept. 03, 2026 (GLOBE NEWSWIRE) -- Cipher Digital Inc.\n(https://www.globenewswire.com/Tracker?data=uDZ8Y-PTq2knvwg1YVFmfX-cOvoBpnom6qkwQT7KAK_bWHPNU2vnM4d45aUXem4ZBi-VlLIpLU5ipxZvCpKAnsn3vr11DHwHkhYirrqFg5E=)\n(NASDAQ: CIFR) (“Cipher” or the “Company”), a leading developer,\nowner, and operator of industrial-scale data centers, today announces that it\nhas begun the development of lateral pipelines at multiple sites to deliver\nnatural gas to support bring-your-own-generation capacity.\n\nThe lateral pipelines will connect Cipher’s sites to nearby natural gas\nsupplies, enabling on-site generation of up to 2.5 gigawatts (“GW”) of\nelectricity. Cipher will work with power providers to develop and operate\ngeneration infrastructure at these sites, and building the lateral pipelines\nis a significant step toward making new power available to the sites before\nthe end of 2027.\n\nThe Company plans to use this bring-your-own-generation capacity to develop\nand lease additional industrial-scale data center capacity to premier tenants\nfor HPC workloads. The proximity of Cipher’s sites to significant natural\ngas resources provides an excellent opportunity for the Company to expand its\nleasing portfolio.\n\n“Securing and delivering power is the foundation of everything we do and\nbringing our own electricity generation allows us to unlock significant new\ncapacity quickly,” said Tyler Page, Chief Executive Officer. “By\ndeveloping these lateral pipelines, we are taking a decisive step toward\nadding up to 2.5 GW of power to our portfolio, and we plan to seek grid\nconnection for this generation capacity, in an effort to proactively\ncontribute to greater grid stability in the communities in which we build our\ndata centers.”\n\nAbout Cipher\n\nCipher develops and operates industrial-scale data centers engineered for\nnext-generation computing at the highest standards of innovation, precision,\nand excellence. The Company brings together deep expertise across power\nsourcing, construction, engineering, operations, real estate, and technology\nto deliver high-quality data centers purpose built for HPC workloads. By\npartnering with premier tenants, Cipher seeks to meet the growing demand for\nindustrial-scale data center capacity and become a leading HPC development\nplatform that is built for hyperscale. To learn more about Cipher, please\nvisit https://www.cipherdigital.com/.\n\nForward-Looking Statements\n\nThis press release contains certain forward-looking statements within the\nmeaning of the federal securities laws of the United States. The Company\nintends such forward-looking statements to be covered by the safe harbor\nprovisions for forward-looking statements contained in the Private Securities\nLitigation Reform Act of 1995 and includes this statement for purposes of\ncomplying with these safe harbor provisions. Any statements made in this press\nrelease that are not statements of historical fact, such as statements about\nthe development and timing of the lateral pipelines, the amount and timing of\npower generation capacity, the expected impact on the Company’s leasable\ndata center capacity, the Company’s beliefs and expectations regarding its\nplanned business model and strategy, timing and likelihood of success,\ncapacity, functionality and operation of its data centers, expectations\nregarding its data center development and operations, potential strategic\ninitiatives, and management plans and objectives, are forward-looking\nstatements and should be evaluated as such. These forward-looking statements\ngenerally are identified by the words “may,” “will,” “should,”\n“expects,” “plans,” “anticipates,” “could,” “seeks,”\n“intends,” “targets,” “projects,” “contemplates,”\n“believes,” “estimates,” “strategy,” “future,”\n“forecasts,” “opportunity,” “predicts,” “potential,”\n“would,” “will likely result,” “continue,” and similar expressions\n(including the negative versions of such words or expressions).\n\nThese forward-looking statements are based upon estimates and assumptions\nthat, while considered reasonable by Cipher and its management, are inherently\nuncertain. Such forward-looking statements are subject to risks,\nuncertainties, and other factors that could cause actual results to differ\nmaterially from those expressed or implied by such forward-looking statements.\nNew risks and uncertainties may emerge from time to time, and it is not\npossible to predict all risks and uncertainties. Many factors could cause\nactual future events to differ materially from the forward-looking statements\nin this press release, including but not limited to: volatility in the price\nof Cipher’s securities due to a variety of factors, including changes in the\ncompetitive and regulated industry in which Cipher operates, Cipher’s\nevolving business model and strategy and efforts it may make to modify aspects\nof its business model or engage in various strategic initiatives, variations\nin performance across competitors, changes in laws and regulations affecting\nCipher’s business, and the ability to implement business plans, forecasts,\nand other expectations and to identify and realize additional opportunities.\nThe foregoing list of factors is not exhaustive. You should carefully consider\nthe foregoing factors and the other risks and uncertainties described in the\n“Risk Factors” section of Cipher’s Annual Report on Form 10-K for the\nfiscal year ended December 31, 2025 filed with the Securities and Exchange\nCommission (“SEC”) on February 24, 2026, Cipher’s Quarterly Report on\nForm 10-Q for the quarterly period ended June 30, 2026 filed with the SEC on\nAugust 4, 2026, and in Cipher’s subsequent filings with the SEC. These\nfilings identify and address other important risks and uncertainties that\ncould cause actual events and results to differ materially from those\ncontained in the forward-looking statements. Forward-looking statements speak\nonly as of the date they are made. Readers are cautioned not to put undue\nreliance on forward-looking statements, and Cipher assumes no obligation and,\nexcept as required by law, does not intend to update or revise these\nforward-looking statements, whether as a result of new information, future\nevents, or otherwise.\n\nWebsite Disclosure\n\nThe Company maintains a dedicated investor website at\nhttps://investors.cipherdigital.com/ (“Investors’ Website”). Financial\nand other important information regarding the Company is routinely posted on\nand accessible through the Investors’ Website. Cipher uses its Investors’\nWebsite as a distribution channel of material information about the Company,\nincluding through press releases, investor presentations, reports and notices\nof upcoming events. Cipher intends to utilize its Investors’ Website as a\nchannel of distribution to reach public investors and as a means of disclosing\nmaterial non-public information for complying with disclosure obligations\nunder Regulation FD. In addition, you may sign up to automatically receive\nemail alerts and other information about the Company by visiting the “Email\nAlerts” option under the Investor Resources section of Cipher’s\nInvestors’ Website and submitting your email address.\n\nContacts:\n\nInvestor Contact:\nCourtney Knight\nHead of Investor Relations at Cipher Digital\ncourtney.knight@cipherdigital.com\n\nMedia Contact:\nRyan Dicovitsky\nDukas Linden Public Relations\nCipherDigital@DLPR.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/1948720d-ed4b-4c60-b4fd-ca5ed20bcc0c)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-09-03T12:25:58.160698825Z","server_sent_at_ms":1788438358160},"received_at":"2026-09-03T12:25:58.220Z","source_url":"https://www.globenewswire.com/news-release/2026/09/03/3355894/0/en/cipher-digital-begins-development-of-lateral-pipelines-to-facilitate-data-center-expansion-via-bring-your-own-generation.html"},"analysis":{"id":"124013","press_release_id":"135125","analysis_json":{"industry":{"label":"IT Services","sector":"Information Technology"},"redFlags":["Announcement is entirely forward-looking — development timing and the 2.5 GW scale depend on execution, permitting, and gas-supply arrangements","No capital cost, financing plan, or named power-provider counterparties disclosed for the pipeline and generation buildout","No signed HPC tenants or leases tied to the new capacity","Power not expected to reach sites before end of 2027 — long runway before any revenue contribution"],"eventType":"operations_update","narrative":"Cipher Digital has begun developing lateral natural gas pipelines at multiple sites to enable on-site generation of up to 2.5 GW of electricity under a bring-your-own-generation model.\n\nThe pipelines will connect Cipher's sites to nearby gas supplies, with the company working alongside power providers to build and operate generation infrastructure and targeting new power availability before the end of 2027; it also plans to seek grid connection for the capacity.\n\nThe generation is earmarked to expand Cipher's leasable industrial-scale data center capacity for premier HPC tenants — attacking power access, the key bottleneck for AI data center growth — though no capex, financing plan, or signed tenant commitments were disclosed.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Cipher's 2.5 GW bring-your-own-generation push targets the power bottleneck for HPC data center expansion, with new capacity slated ahead of 2027."},"keyFigures":{"customDimensions":{"model":"bring-your-own-generation (natural gas)","generation_capacity_gw":2.5,"power_availability_target":"before end of 2027"}},"quotedText":"Securing and delivering power is the foundation of everything we do and\nbringing our own electricity generation allows us to unlock significant new\ncapacity quickly","namedEntities":{"people":[{"name":"Tyler Page","role":"Chief Executive Officer"},{"name":"Courtney Knight","role":"Head of Investor Relations"}],"products":[],"companies":[{"name":"Cipher Digital Inc.","ticker":"CIFR","relationship":"filer"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"Beginning development of lateral gas pipelines enabling up to 2.5 GW of on-site generation is a strategically significant capacity unlock for a power-constrained HPC data center developer, and large relative to Cipher's portfolio. However, the project is early-stage with no capex, financing plan, signed tenants, or firm counterparties disclosed, and power is not expected before end-2027."},"tickerRelevance":{"others":[],"primary":"CIFR"},"globalImportance":38,"audienceRelevance":50,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap, retail-favorite AI/HPC pivot story","eventGravity":"early-stage infrastructure expansion enabling up to 2.5 GW","sectorWeight":"AI data center power buildout is a hot theme","disclosureGaps":"no capex, financing, counterparties, or tenant commitments","stageOfDevelopment":"pre-construction / development begun"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Cipher Digital has begun developing lateral natural gas pipelines at multiple sites to enable on-site generation of up to 2.5 GW of electricity under a bring-your-own-generation model.\n\nThe pipelines will connect Cipher's sites to nearby gas supplies, with the company working alongside power providers to build and operate generation infrastructure and targeting new power availability before the end of 2027; it also plans to seek grid connection for the capacity.\n\nThe generation is earmarked to expand Cipher's leasable industrial-scale data center capacity for premier HPC tenants — attacking power access, the key bottleneck for AI data center growth — though no capex, financing plan, or signed tenant commitments were disclosed.","key_figures":{"customDimensions":{"model":"bring-your-own-generation (natural gas)","generation_capacity_gw":2.5,"power_availability_target":"before end of 2027"}},"named_entities":{"people":[{"name":"Tyler Page","role":"Chief Executive Officer"},{"name":"Courtney Knight","role":"Head of Investor Relations"}],"products":[],"companies":[{"name":"Cipher Digital Inc.","ticker":"CIFR","relationship":"filer"}],"dollarAmounts":[]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-03T12:59:53.070Z","global_importance":38,"audience_relevance":50,"importance_components":{"tickerTier":"mid-cap, retail-favorite AI/HPC pivot story","eventGravity":"early-stage infrastructure expansion enabling up to 2.5 GW","sectorWeight":"AI data center power buildout is a hot theme","disclosureGaps":"no capex, financing, counterparties, or tenant commitments","stageOfDevelopment":"pre-construction / development begun"}},"durationMs":139947,"modelName":"glm-4.7"}}