WhiteFiber: $100 Million Facility Secured To Support AI Infrastructure Growth

▤ Summary

WhiteFiber secured a $100 million delayed draw term loan facility from Bit Digital Capital, with the potential to expand the deal to $150 million. The company plans to use the financing to support near-term growth across its data center and cloud services operations. It also wants to bridge timing gaps between project launches and permanent financing. WhiteFiber will direct part of the proceeds toward the first phase of a high-performance computing data center in Madison, North Carolina. The company provides AI infrastructure through data centers, colocation, hosting, and cloud offerings for generative AI workloads.

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