WhiteFiber secures $100M bridge loan from Bit Digital affiliate to fund HPC data center

Filed May 27, 2026 · Period ending May 20, 2026 · ~1 min read

Key Changes

• high

  WhiteFiber subsidiary obtained up to $100M delayed draw term loan (expandable to $150M) from Bit Digital Capital to complete buildout of high-performance computing data center in North Carolina and fund growth initiatives.

  Item 1.01 verify on EDGAR →
• high

  Loan carries 9.5% interest (stepping down to 8% after data center reaches 80% occupancy), 3% origination discount, and requires minimum 1.1x return on invested capital at maturity. Term is 9 months, extendable to 12 months.

  Item 1.01 verify on EDGAR →
• medium

  Transaction is between related parties (Bit Digital subsidiary as lender). Both companies obtained independent fairness opinions and independent board committee approvals to protect minority shareholders.

  Item 1.01 verify on EDGAR →