Cipher: San Antonio, Texas

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Future facility in planning stagefacility with prospective expansion planned
Operated by:

Cipher: San Antonio, Texas

Site planned for 2029 and has expansions through 2035
Lot Size: 288 acres

Cipher Digital has secured an option on Apollo, a 288-acre development site located within 25 miles of San Antonio, Texas.

Positioned close to strong fiber connectivity with flat, buildable terrain, the site has already been submitted as a studied load through ERCOT’s updated Batch Zero process. The acquisition highlights Cipher’s strategic pivot from Bitcoin mining to high-density AI and hyperscale infrastructure, expanding a development pipeline that now exceeds 5GW and boasts major tenants like AWS and Fluidstack.

Map and Nearby Locations

San Antonio
Cipher Digital Sites
Nearby Facilities

Cipher: San Antonio, Texas Power Growth Over Time

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Construction
Planned
Prospective
In Doubt
Withdrawn
Currently Operational
across NN Request Dataset sites
Under Construction
NN Request Dataset sites currently building
Planned / Prospective
NN Request Dataset sites announced, but haven't started construction

Sites within 15 miles of Cipher: San Antonio, Texas

Distance Site About
0.00 miles H5: San Antonio 2
H5 Data Centers is expanding its Texas footprint after executing a Letter of Intent (LOI) to acquire a new suburban San Antonio site.
0.44 miles H5 San Antonio - 100 Taylor
100 Taylor Street is San Antonio's Carrier Hotel.
1.31 miles Lumen San Antonio 2
3.87 miles TwoInterested in this information?Contact us
Microsoft’s SAT93 data center in Medina County, Texas, is a 245,000 sq ft single-story facility developed alongside SAT94 on County Road 381, with $26M investment, powered by Medina Electric Cooperative, and scheduled for construction from 2027 to 2029.
6.70 miles Bexar Datacenter: San Antonio SAT1
Bexar Datacenter opened its San Antonio facility in 2005, providing both data center and office space at a single location.
6.94 miles Lumen San Antonio
7.11 miles Lumen San Antonio 3
7.64 miles University of Texas: Health Science Center
The UT Health San Antonio data center is a prefabricated modular solution.
8.92 miles Prime CenterInterested in this information?Contact us
9.03 miles South TowerInterested in this information?Contact us
9.82 miles QTS: San Antonio 2 Campus
QTS' San Antonio campus, located at 8535 Potranco Road, sits approximately eight miles east of the new plot.
10.04 miles Tract: Applewhite Tech Park
Tract is planning to build the Applewhite Technology Park on 339 acres of industrial land on the south side of San Antonio, near Toyota and Texas A&M San Antonio.
10.49 miles MetroInterested in this information?Contact us
10.88 miles North TowerInterested in this information?Contact us
The Bitter Blue facility in San Antonio is a planned two-story, single-tenant data center developed by Amazon Web Services through Amazon Data Services.
11.23 miles CyrusOne: SAT4
11.32 miles CyrusOne: SAT3
11.32 miles Stream San Antonio II
11.38 miles CyrusOne: San Antonio SAT2
Located near CyrusOne’s first San Antonio facility, the new site will have up to 196,000 colocation square feet (CSF) and 20,000 sq. ft. of superior Class A office space that can be used by customers.
11.71 miles Black Mountain: San Antonio, TX
Black Mountain Power, a subsidiary of the energy-focused Black Mountain family of companies, is transforming 432 acres in San Antonio into a massive "hyperscale-ready" data center campus.
11.86 miles Valero Wiserman
12.02 miles West StationInterested in this information?Contact us
In late 2020, Microsoft acquired 33.55 acres around the Valero (NYSE: VLO) data center
12.18 miles CyrusOne: San Antonio SAT1
CyrusOne launched its first data center in San Antonio in 2012.
12.48 miles Core CenterInterested in this information?Contact us
12.69 miles Global PlazaInterested in this information?Contact us
12.86 miles Global PointInterested in this information?Contact us
Microsoft's SAT15 data center is located at 3555 Westover Link in San Antonio’s Bexar County. Microsoft invested $215.9 million for this 245,000 sq ft facility.
12.91 miles CentralInterested in this information?Contact us
Microsoft acquired the 34-acre, 202,000-square-foot center from Chevron in 2017 for $80 million.
12.92 miles Vantage: San Antonio TX21
Vantage TX-21 is a three-story data center in San Antonio. The land for this facility was acquired in August 2023.
12.95 miles Vantage: TX22
Data center operator Vantage is developing a two-story, 214,525 square-foot (19,930 sqm) facility known as TX22.
12.97 miles TowerInterested in this information?Contact us
Microsoft plans to build yet another data center SAT16 at its campus at 3555 Westover Link in San Antonio. The project is described as a building shell and fit out associated with 245,000 square foot (22,760 sqm) data center.
13.50 miles Stream: San Antonio VI
This data center is a part of Stream's 135-acre hyperscale campus in San Antonio, Texas.
13.50 miles Stream: San Antonio III
In June 2024, Stream Data Centers announced its groundbreaking of a new 135-acre hyperscale campus in San Antonio, Texas.
13.51 miles Stream: San Antonio IV
This data center is a part of Stream's 135-acre hyperscale campus in San Antonio, Texas.
13.53 miles Stream: San Antonio V
This data center is a part of Stream's 135-acre hyperscale campus in San Antonio, Texas.
13.56 miles Stream: San Antonio VII
This data center is a part of Stream's 135-acre hyperscale campus in San Antonio, Texas.
17.52 miles Core TowerInterested in this information?Contact us
17.52 miles QTS San Antonio III
The 48-acre plot known as the "Omicron Subdivision" was subdivided into 3 plots and will be QTS's future expansion in San Antonio.
17.73 miles CyrusOne: SAT9
This facility is a part of CyrusOne's SAT8 Campus in San Antonio.
17.76 miles CyrusOne: SAT8
CyrusOne operates its fifth data center campus in San Antonio, a facility comprising two buildings with a total of 276,000 square feet of space.
17.82 miles CyrusOne: San Antonio SAT5
This campus is designed for 3 buildings, each of them being two stories.
17.82 miles CyrusOne: SAT7
This facility is a part of CyrusOne's San Antonio 5 Campus.
17.90 miles CyrusOne: SAT6
This facility is a part of CyrusOne's San Antonio 5 Campus.
17.93 miles Vantage: San Antonio TX11
Vantage started to build a new data center at 14720 Omicron Drive, San Antonio, TX. The data center will span 242,667 sq ft (22,545 sqm) of floorspace in a two-story building.
17.93 miles Vantage: TX12
Vantage Data Centers is developing the TX12 facility, a two-story, 432,800 sq ft (40,208 sqm) data center in San Antonio, Texas. The $276.8 million project is scheduled for completion in August 2027.
18.23 miles CloudHQ: SAT5
This facility is a part of CloudHQ's planned San Antonio campus.
18.30 miles CloudHQ: SAT4
This facility is a part of CloudHQ's planned San Antonio campus.
18.39 miles CloudHQ: SAT3
This facility is a part of CloudHQ's planned San Antonio campus.
18.48 miles CloudHQ: SAT2
This facility is a part of CloudHQ's planned San Antonio campus.
18.57 miles CloudHQ San Antonio
CloudHQ acquired more than 120 acres of land in June 2023 and plans to build a five-building campus.
18.67 miles Central PointInterested in this information?Contact us
18.70 miles CyrusOne: SAT11
In September 2023, Cyrusone acquired more than 25 acres nearby at 15355 Lambda Drive to construct two data centers, designated SAT10 and SAT11.
18.74 miles Center BetaInterested in this information?Contact us
18.76 miles ValleyInterested in this information?Contact us
18.80 miles CyrusOne: SAT10
In September 2023, Cyrusone acquired more than 25 acres nearby at 15355 Lambda Drive to construct two data centers, designated SAT10 and SAT11.
18.83 miles CoreInterested in this information?Contact us
18.85 miles SouthInterested in this information?Contact us
18.90 miles GammaInterested in this information?Contact us
18.97 miles Station GammaInterested in this information?Contact us
19.60 miles Park BetaInterested in this information?Contact us
Microsoft’s SAT94 data center in Medina County, Texas, is a 245,000 sq ft single-story facility developed alongside SAT93 on County Road 381, with a $26m investment and construction scheduled from 2027 to 2029.
19.72 miles PointInterested in this information?Contact us
Microsoft plans to invest $700 million to construct two identical single-story facilities in San Antonio, Texas.
19.72 miles Valley TwoInterested in this information?Contact us
Microsoft plans to invest $700 million to construct two identical single-story facilities in San Antonio, Texas.

Operating Company

Operated by:

Overview

Cipher Digital (NASDAQ: CIFR), formerly Cipher Mining, is a New York-based developer and operator of large-scale data center campuses in Texas. CEO Tyler Page leads the company. Cipher's footprint spans operational mining facilities (Odessa, Alborz, Bear, Chief) and a deep pipeline of HPC/AI campuses in West Texas including Black Pearl, Barber Lake, Stingray, Reveille, Mikeska, McLennan, Milsing, Ulysses, and the Colchis development.

Strategic pivot to HPC/AI (2026)

On the Q1 2026 earnings call (May 5, 2026), Cipher formally rebranded from Cipher Mining to Cipher Digital, reflecting a strategic shift to hyperscale HPC/AI hosting as the company's forward business. Bitcoin mining at Black Pearl is being wound down to redirect power and land to AI tenants.

Contracted backlog now totals approximately $9.3 billion, anchored by three hyperscale leases:

  • AWS. 15-year lease for 300 MW of HPC capacity.
  • Fluidstack / Google-backed. 10-year lease for 300 MW, with the Barber Lake facility expected to commence operations in September 2026.
  • Third hyperscaler. An additional hyperscale campus lease signed during Q1 2026.

Q1 2026 financials

  • Bitcoin mining revenue: $34.8 million (down from approximately $60 million in Q4 2025) as mining at Black Pearl is wound down.
  • Net loss: $114 million.
  • Funding: Closed a $2 billion high-yield bond for the Black Pearl HPC buildout and a $200 million revolving credit facility.

Capex direction

New capital is flowing fully to HPC/AI buildout. Existing mining capacity is treated as legacy that gets converted to hyperscale colocation as power and infrastructure are redirected to AWS, Fluidstack, and the third hyperscale tenant.

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Cryptominer-turned-HPC developer Cipher Digital is planning to raise $810 million through senior secured notes due in 2031. Most of the proceeds will fund the remaining costs of its 100MW Stingray ...

Cipher Seeks $810 Million in Senior Secured Notes for West Texas Data Center

June 09, 2026 Cipher Digital

Cryptominer-turned-HPC developer Cipher Digital is planning to raise $810 million through senior secured notes due in 2031. Most of the proceeds will fund the remaining costs of its 100MW Stingray data center project in West Texas, with about $63.6 million earmarked to reimburse prior equity...

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Read Microsoft wants to build five more data centers in San Antonio, Texas
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Microsoft wants to build five more data centers in San Antonio, Texas

July 13, 2021 San Antonio

According to recent documents filed with the Texas Department of Licensing and Regulation, Microsoft has applied to build five more data centers in San Antonio, Texas. The data centers will have a total space of 350,000 square feet. It will also cost over $200 million. The construction of the...

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