Cipher Digital (CIFR) shares climbed over 9% in pre-market trading following the announcement of a 15-year lease agreement for a data center with an investment-grade hyperscale client. The company plans to develop a high-performance computing facility at its third data center campus, enhancing its role in AI infrastructure for major tech firms. Additionally, Cipher secured a revolving credit facility of up to $200 million, backed by a syndicate of global banks, with an option to expand by $50 million. This non-dilutive funding will support the company's expansion, liquidity management, and future growth initiatives.