WhiteFiber secures USD 100 million delayed-draw term loan facility with Bit Digital Capital

Bit Digital, Inc.
WhiteFiber

Bit Digital, Inc.

BTBT

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WhiteFiber

WYFI

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  • WhiteFiber entered a USD 100 million delayed draw term loan facility with Bit Digital Capital, a Bit Digital unit.
  • Facility includes an accordion to USD 150 million, subject to mutual agreement.
  • B. Riley Securities bought a portion of the term loans from Bit Digital Capital.
  • Proceeds earmarked for general corporate purposes, including HPC data center buildout in Madison, North Carolina, pending permanent financing timing.


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