Cipher Digital Secures $200M Credit Facility for AI Data Centers
- Credit Facility for Transition: Cipher Digital has secured a revolving credit facility of up to $200 million aimed at enhancing liquidity and supporting its strategic pivot from Bitcoin mining to AI and high-performance computing data centers, demonstrating the company's confidence in its new business direction.
- Increased Financial Flexibility: Backed by a syndicate of leading global financial institutions, the credit facility will fund the construction and fit-out of multiple AI data centers, significantly enhancing the company's operational capacity and market competitiveness.
- Q1 Performance Overview: Cipher reported $35 million in revenue for Q1 2026, with an adjusted EBITDA loss of $48 million; however, the company has solidified its position in the AI data center market by signing a 15-year lease with an investment-grade hyperscale tenant.
- Enhanced Market Confidence: CFO Greg Mumford stated that the credit agreement marks a significant advancement in the company's capital structure, reflecting growing confidence from financial institutions in Cipher's long-term strategy, which is expected to provide robust support for future growth.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI). As of , Sleepless AI (AI) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 4 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00072 | 0.00876 | 0.0155 | 0.0236 | 0.0303 | 0.0384 | 0.0451 |
| Fibonacci | 0.00876 | 0.0144 | 0.0179 | 0.0236 | 0.0292 | 0.0327 | 0.0384 |
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