Bit Digital originates $100M loan facility for WhiteFiber, adds $20M in Ethereum

Bit Digital Inc (NASDAQ:BTBT) said it has originated a $100 million delayed draw term loan facility for a subsidiary of WhiteFiber, Inc. (Nasdaq: WYFI), an AI infrastructure firm in which Bit Digital holds a majority ownership interest. The facility, which can be expanded to $150 million by mutual agreement, is designed to support WhiteFiber's near-term growth initiatives.