Bit Digital has announced a $100 million delayed-draw term loan to its subsidiary, WhiteFiber, to support its expansion in high-performance computing and AI infrastructure. The loan facility, which can be increased to $150 million by mutual agreement, will be disbursed through an Ethereum-denominated secured credit facility. This arrangement allows Bit Digital to earn a financing spread while maintaining exposure to Ethereum.
Bit Digital Extends $100 Million Loan to WhiteFiber for AI Expansion
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