Bit Digital

BTBT

Market cap $737M

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.

In March, Bit Digital CEO Sam Tabar   publicly wrote that the Ethereum market looked "more like a reset than an ending." NEW YORK, May 28, 2026 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a publicly-listed Strategic Asset Company focused on Ethereum strategies, AI/HPC infrastructure, and strategic acquisitions, today announced the purchase of approximately 8,568 Ethereum ("ETH") for $20 million USD.

NEW YORK, May 27, 2026 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a publicly-listed Strategic Asset Company focused on Ethereum strategies, AI/HPC Infrastructure, and strategic acquisitions, today announced that it has originated and served as a lender for a $100 million delayed draw term loan facility for a subsidiary of WhiteFiber, Inc. (Nasdaq: WYFI) ("WhiteFiber" or "WYFI") as borrower. B. Riley Securities, Inc. purchased a portion of the term loans under the facility from Bit Digital Capital, Inc. The facility is designed to support WYFI's near-term growth initiatives.

NEW YORK, May 27, 2026 /PRNewswire/ -- 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.

Bit Digital (BTBT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

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BTBT has shifted from Bitcoin mining toward becoming an ETH treasury management company with staking yield. However, that's not the only bet with this stock. They also have WhiteFiber AI/HPC infrastructure. WhiteFiber's NC-1/Nscale ramp has upside potential, though it brings execution risk and is CAPEX-intensive.

Bit Digital, Inc. (BTBT) Q1 2026 Earnings Call Transcript

Bit Digital NASDAQ: BTBT reported a sequential decline in first-quarter revenue as management said the company continued shifting its business away from legacy Bitcoin mining and toward Ethereum treasury and staking, AI infrastructure and recurring cash-flow opportunities.

Bit Digital Inc (NASDAQ:BTBT) reported first-quarter 2026 revenue of $27.9 million as the company deepened its pivot toward Ethereum treasury management and artificial intelligence infrastructure through its majority-owned subsidiary WhiteFiber (Nasdaq: WYFI). As of March 31, 2026, Bit Digital held approximately 155,444 ETH with a market value of roughly $327 million based on a closing price of approximately $2,104 per ETH.