Bit Digital provides a $100 million loan to WhiteFiber to support the expansion of AI infrastructure with Ethereum credit
By: rootdata|2026/05/29 04:45:01
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According to The Block, Bit Digital announced a $100 million delayed withdrawal term loan to its controlled AI infrastructure company WhiteFiber's subsidiary, which can be extended to $150 million by mutual agreement, to support WhiteFiber's recent high-performance computing and AI expansion plans.
Bit Digital stated that the loan funds will be disbursed partially or fully through an Ethereum-denominated secured credit facility, allowing the company to earn financing spreads while maintaining ETH exposure.
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