WhiteFiber Signs $100M 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, Inc. (NASDAQ:WYFI) ("WhiteFiber" or the "Company"), a leading provider of AI infrastructure and high-performance computing solutions, today announced that it has entered into a $100 million delayed draw term loan facility with Bit Digital Capital, Inc., a wholly owned subsidiary of Bit Digital, Inc. (Nasdaq: BTBT). The facility may be increased to $150 million upon mutual agreement of the parties. B. Riley Securities, Inc. purchased a portion of the term loans under the facility from Bit Digital Capital, Inc.

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