星球日报|5月 28, 2026 09:41
[Bit Digital Provides $100 Million Credit Facility to WhiteFiber, Secured by ETH as Collateral]
Odaily Planet Daily News – Bit Digital announced the provision of a $100 million delayed draw term loan facility to a subsidiary of WhiteFiber, an artificial intelligence infrastructure and high-performance computing provider in which it holds a majority stake. The loan facility can be expanded to $150 million upon mutual agreement and is intended to support WhiteFiber's recent high-performance computing and artificial intelligence business expansion plans. Bit Digital expects that funds under this facility will be provided entirely or partially through an Ethereum-denominated secured credit line. This arrangement allows Bit Digital to retain exposure to Ethereum while earning a financing spread on the loan assets. Bit Digital has fully exited the Bitcoin mining business. The company reported total revenue of $27.9 million and a net loss of $146.7 million in the first quarter of 2026. (The Block)
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