Cipher Mining’s stock jumped by 19% after announcing a $5.5 billion, 15-year data center lease deal with AWS for AI workloads

Cipher Mining’s stock climbed up over 19% in early trading after the Bitcoin miner announced a $5.5 billion lease agreement with Amazon Web Services (AWS) extending the rally that has made the Nasdaq-listed company one of the biggest beneficiaries of Wall Street’s growing appetite for AI-linked ￰0￱ deal which rewards Cipher Mining’s pivot into high-performance computing and artificial-intelligence infrastructure is a 15-year lease agreement and will see the company provide data center space and power capacity for AWS for its artificial-intelligence ￰1￱ the deal

Cipher will deliver 300 megawatts of capacity and also comes with both air- and liquid-cooled infrastructure beginning in July 2026 with lease payments starting in August that ￰2￱ announcement came alongside Cipher’s third-quarter earnings release and also adds to a growing list of major partnerships such as the hosting agreements it has with Fluidstack and Google

bringing Cipher’s total AI-related lease commitments to roughly $8.5 ￰3￱ stock is up double digits since the announcement of its $5.5 billion AWS AI deal earlier today.