WhiteFiber Inc

WYFI

Market cap $936M

WhiteFiber Inc. (WYFI) earns a buy rating for its rapid conversion of powered industrial sites into AI-ready data center capacity, addressing urgent infrastructure bottlenecks. NC-1's ten-year, $865M contract validates WYFI's model, with phased revenue ramping from Q2 2026 and a clear path for scaling via additional 45 MW expansion. Longer cloud contracts and customer prepayments de-risk capital requirements, supporting growth without overburdening WYFI's balance sheet.

R&D results confirm industry-first commercial distributed GPU supercluster architecture; commercial launch targeted for Q3 2026 NEW YORK, July 9, 2026 /PRNewswire/ -- WhiteFiber, Inc. (NASDAQ: WYFI), a leading provider of AI infrastructure solutions, today announced initial R&D testing results forit's cross-data-center networking solution, a proprietary distributed GPU supercluster architecture. Initial testing achieved 111.2 Tbps across 83km of dark fiber, already roughly double the capacity of comparable published full-spectrum field trials, using only a portion of available fiber spectrum.

WhiteFiber is transforming into a power-backed, high-density AI infrastructure platform, capitalizing on the scarcity of energized data center capacity. Signed long-term contracts, notably the $865M NC-1 deal and a $160M Paris agreement, underpin a robust, contracted revenue base exceeding $900M. Recent financials reflect a transitional phase with heavy investment and leverage, but tangible infrastructure buildout and customer prepayments reduce speculative risk.

NEW YORK, June 17, 2026 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company") today announced that its 2026 Annual General Meeting of Shareholders ("AGM") will be held on July 29, 2026 at 9:00 a.m. Eastern Time and that it has filed its Definitive Proxy Statement with the U.S. Securities and Exchange Commission.

WhiteFiber is rated a buy, with a 13.3% upside to a $29 FY 2026 target price. WYFI benefits from strong AI infrastructure demand, robust revenue growth, and major contract wins like Nscale's $865 million deal. Recent international expansion, notably the Paris project, offers a scalable, less capital-intensive growth lever for WYFI.

Transaction highlights platform's ability to deliver agile, structured capital solutions for the middle market LOS ANGELES, June 3, 2026 /PRNewswire/ -- BRC Specialty Finance, the direct lending platform of BRC Group Holdings, Inc. (NASDAQ: RILY) ("BRCGH") and B. Riley Securities, Inc. ("BRS"), a leading full-service investment bank, today announced that BRS has assumed a $20 million advance under a $100 million senior secured delayed draw term loan facility originated by Bit Digital, Inc. (NASDAQ: BTBT) to Enovum NC-1 Venture LLC, an indirect wholly-owned subsidiary of WhiteFiber, Inc. (NASDAQ: WYFI).

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.