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

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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.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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