Welcome to our dedicated page for WHITEFIBER news (Ticker: WYFI), a resource for investors and traders seeking the latest updates and insights on WHITEFIBER stock.
WhiteFiber, Inc. (Nasdaq: WYFI) is a provider of artificial intelligence (AI) infrastructure and high-performance computing (HPC) solutions. The company owns high-performance computing data centers and offers cloud and colocation services tailored to generative AI workloads. Its news flow reflects developments across AI data center projects, customer agreements, capital markets activity, and financial performance.
Visitors to this page can review news releases that describe WhiteFiber’s progress in building and operating AI-focused data centers, including updates on its NC-1 Facility in Madison, North Carolina. Company announcements have highlighted the NC-1 campus design as Tier 3-equivalent with ultra-high-density power, fully redundant power distribution, N+1 cooling, and a targeted PUE of 1.3 or better. News items also cover long-term colocation agreements, such as the 40 MW master services agreement with Nscale, which represents an expected $865 million in total contracted revenue over a 10-year term.
WhiteFiber’s press releases provide detail on quarterly financial results, segment performance in cloud services and colocation services, and corporate developments such as its initial public offering and follow-on capital events. Management commentary in these releases offers insight into the company’s development pipeline, customer demand for high-density capacity, and its approach to scaling both colocation and cloud platforms.
In addition, investors can find announcements about earnings conference calls, investor presentations, and participation in technology and disruptive innovation conferences. These items outline how WhiteFiber communicates with the investment community and discuss its role within the broader strategy of Bit Digital, Inc., which holds a majority equity stake in the company. For ongoing updates on AI infrastructure projects, customer contracts, and financial reporting, this news feed aggregates WhiteFiber’s publicly released information in one place.
BRC Specialty Finance, the direct lending platform of BRC Group Holdings (NASDAQ: BILY) and B. Riley Securities, announced that B. Riley Securities has assumed a $20 million advance under a $100 million senior secured delayed draw term loan originated by Bit Digital (NASDAQ: BTBT) to Enovum NC-1 Venture, an indirect subsidiary of WhiteFiber (NASDAQ: WYFI).
The 90-day assigned advance is expected to bridge the borrower to anticipated permanent institutional financing and may fund the first phase buildout of an AI-driven HPC data center in Madison, North Carolina and other growth initiatives. BRC Group also completed a separate $10 million receivables-backed purchase agreement with a publicly traded technology company.
Bit Digital (Nasdaq: BTBT) announced it purchased approximately 8,568 Ethereum (ETH) for $20 million on May 11, 2026, at an average cost of $2,334.25 per ETH.
This brings Bit Digital’s holdings to about 158,461.75 ETH, reinforcing its position among major public Ethereum holders and aligning with its strategy across Ethereum ecosystem, AI/HPC infrastructure, and strategic acquisitions.
Bit Digital (Nasdaq: BTBT) originated and is lending under a $100 million delayed draw term loan facility to a WhiteFiber (Nasdaq: WYFI) subsidiary, with potential expansion to $150 million. The financing, backed by an Ethereum-denominated secured credit facility, is intended to support WhiteFiber's AI/HPC growth and enhance Bit Digital's treasury returns beyond traditional ETH staking, subject to comprehensive board and independent committee review.
WhiteFiber (Nasdaq: WYFI) entered into a $100 million delayed draw term loan facility with Bit Digital Capital, a subsidiary of Bit Digital (Nasdaq: BTBT). The facility can increase to $150 million and is designed to support near-term growth in data centers and cloud services.
According to WhiteFiber, the proceeds may fund general corporate purposes, including the first phase buildout of an HPC data center in Madison, North Carolina, alongside other growth initiatives and permanent financing efforts.
WhiteFiber (Nasdaq: WYFI) signed a five-year AI compute agreement with an investment-grade technology customer, with total contract value above $160 million. The deployment, using advanced NVIDIA GPU systems in the Paris region, is expected to start service in July 2026, subject to equipment delivery and acceptance milestones.
Funding will combine customer prepayments, including 12 months of advance service fees, and project-level financing under a binding term sheet expected to close in June 2026, limiting reliance on WhiteFiber's corporate balance sheet. Third-party data center capacity in France has been secured.
Bit Digital (Nasdaq: BTBT) reported Q1 2026 revenue of $27.9 million, down 13.6% from Q4 2025, reflecting lower cloud, ETH staking, and digital asset mining revenue.
Net loss attributable to shareholders was $146.7 million, while adjusted EBITDA was $(9.4) million. Segment gross profit reached $15.4 million with high margins across cloud, colocation, and ETH staking.
Bit Digital held about 155,444.4 ETH (market value ~$327.0 million) and 27,043,750 WhiteFiber shares valued at ~$322.1 million, and continued shifting strategy toward Ethereum and AI/HPC infrastructure.
WhiteFiber (Nasdaq: WYFI) reported Q1 2026 revenue of $21.9 million, up 31% year-over-year, with cloud services at $16.8 million and colocation at $4.8 million. Gross margin (ex‑D&A) was 60.2%, adjusted EBITDA was $3.0 million, and net loss was $12.0 million, or $0.31 per share.
WhiteFiber advanced its NC-1 data center toward initial Nscale revenue in Q2 2026, completed the MTL-3 acquisition, disclosed $921 million in colocation remaining performance obligations, signed a two-year $17 million Hyperbolic contract, and strengthened liquidity with a $230 million convertible notes issue and new credit facilities.
Bit Digital (NASDAQ: BTBT) appointed Daniel Kennedy as Head of Investor Relations, succeeding Cameron Schnier, effective May 11, 2026. Schnier will become a strategic advisor while continuing to lead investor relations for WhiteFiber (NASDAQ: WYFI).
Kennedy’s capital markets and digital asset experience is expected to support shareholder communications as Bit Digital scales its Ethereum and AI/HPC infrastructure strategies.
WhiteFiber (NASDAQ: WYFI) will host its First Quarter 2026 earnings conference call on May 14, 2026 at 9:00 a.m. Eastern Time to discuss results for the quarter ended March 31, 2026.
A press release with financial results will be issued before the call. Management including CEO Sam Tabar and CFO Eric Huang will present, followed by Q&A. Dial-in, access code, and webcast replay will be available on WhiteFiber Investor Relations.
Bit Digital (Nasdaq: BTBT) will release first quarter 2026 financial results for the period ended March 31, 2026, after market close on Thursday, May 14, 2026. Senior management will host a live webcast and conference call at 10:00 a.m. ET on Friday, May 15, 2026. The earnings release will be posted on the company website prior to the call. Call dial-in and passcode are provided for investors and analysts.