Expansion November 20, 2025 Cipher Barber Lake

Fluidstack takes the whole of Barber Lake, a third deal adds 39 MW of IT load for ~$830M

Cipher and Fluidstack amended and restated their September 24, 2025 datacenter lease on November 20, 2025, adding 39 MW of critical IT load (supported by a maximum of 56 MW of additional gross capacity) as a second phase of development.

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