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.
WhiteFiber (Nasdaq: WYFI) closed its upsized private placement of $310.0 million aggregate principal amount of 5.00% Convertible Senior Notes due 2032, including the full $40.0 million option. The notes carry an initial conversion price of approximately $33.84 per share, about 25% above the August 18, 2026 Nasdaq closing price.
According to WhiteFiber, the company received net proceeds of approximately $298.5 million. About $118.5 million was used to pay cash consideration in concurrent exchanges of $198.15 million of 4.500% notes due 2031, plus ~6.3 million new shares, reducing those notes to $31.85 million outstanding. Remaining proceeds are expected to fund data center expansion, related energy and equipment spending, potential transactions, and general corporate purposes.
WhiteFiber (Nasdaq: WYFI) priced an upsized private offering of $270.0 million principal amount of 5.00% Convertible Senior Notes due 2032 to qualified institutional buyers under Rule 144A, increased from $250.0 million. Initial purchasers hold a $40.0 million option, with closing expected on August 21, 2026, subject to customary conditions.
The notes are senior unsecured, pay 5.00% interest semiannually and mature on September 1, 2032. The initial conversion rate is 29.5530 shares per $1,000 (conversion price about $33.84), a 25.0% premium to the August 18, 2026 Nasdaq close. WhiteFiber may redeem the notes for cash from September 6, 2030 subject to a 130% stock-price trigger, and holders can require repurchase at par plus interest on that date or after a fundamental change.
According to WhiteFiber, estimated net proceeds are $259.8 million (or $298.5 million if the option is fully exercised). About $118.5 million will fund concurrent exchanges of $198.15 million of 4.500% Convertible Senior Notes due 2031, for cash and approximately 6.3 million shares. Remaining proceeds will primarily support data center expansion, related energy agreements and equipment, potential acquisitions and partnerships, plus working capital.
WhiteFiber (Nasdaq: WYFI) plans a private placement of $250.0 million principal amount of Convertible Senior Notes due 2032 to qualified institutional buyers under Rule 144A, with an option for initial purchasers to buy up to an additional $37.5 million of notes.
The notes will be senior unsecured, pay semiannual interest, and be convertible into cash, ordinary shares, or a combination, at WhiteFiber’s election. According to the company, net proceeds will fund concurrent exchanges of its 4.500% Convertible Senior Notes due 2031, data center expansion (including property, construction, energy agreements and GPU servers), potential related acquisitions and partnerships, and general corporate purposes. The offering’s closing is contingent on substantially all note exchange transactions closing, and vice versa.
WhiteFiber (NASDAQ: WYFI) agreed, via its subsidiary Enovum Data Centers, to acquire two industrial properties in Yadkin County, North Carolina, for a cash purchase price of $60 million. The sites will be retrofitted into data center campuses named NC-2 and NC-3, located about 55 miles from the existing NC-1 campus in Madison.
The properties are expected to provide at least 60 MW of initial gross utility capacity, with due diligence indicating potential for roughly 200 MW over time. WhiteFiber is targeting initial ready-for-service capacity in the third quarter of 2027, subject to completion of the acquisition and customary development conditions.
According to WhiteFiber, it is in advanced discussions with prospective customers and has received non-binding letters of intent backed by investment-grade credit support. The existing industrial infrastructure supports the company’s retrofit-first strategy, which is intended to accelerate time-to-market and improve capital efficiency versus greenfield development. Closing is expected in the fourth quarter of 2026, subject to customary conditions.
Bit Digital (Nasdaq: BTBT) reported second quarter 2026 revenue of $32.1 million, up 15% from $27.9 million in Q1, with gross profit of $18.6 million and a gross margin of 57.9%. Consolidated results include WhiteFiber (Nasdaq: WYFI), with a portion attributable to non-controlling interests.
Cloud services revenue reached $23.8 million, up 42% sequentially, while colocation revenue was $4.7 million, essentially flat quarter over quarter. ETH staking revenue fell to $0.9 million from $2.3 million, and digital asset mining revenue was $2.4 million on 32.3 bitcoin mined as that business continues to wind down.
Net loss attributable to Bit Digital shareholders was $(107.2) million, or $(0.31) per diluted share, versus $(146.7) million in Q1, with around $86 million from non-cash and non-operating items. For the first half of 2026, operating cash flow was $46.8 million, up 33% year over year, and cash and equivalents totaled $83.6 million. The company held about 164,310.5 ETH and 27,043,750 WhiteFiber shares, with remaining performance obligations of roughly $1.0 billion.
WhiteFiber (Nasdaq: WYFI) announced a strategic agreement with data center developer Krambu under which WhiteFiber will be Krambu's exclusive GPU infrastructure operator for 100MW of planned high-density capacity coming to market beginning in 2027. WhiteFiber will market this capacity and design, deploy and operate GPU clusters for enterprise AI teams, AI labs, cloud providers and other large-scale customers, while Krambu supplies the underlying liquid-cooled, high-density data center infrastructure supporting rack densities up to 250 kW. The partners also plan joint R&D on next-generation AI infrastructure, focusing on integrating data center, cooling and cluster architectures to improve density, performance, efficiency and deployment speed.
WhiteFiber (Nasdaq: WYFI) reported second quarter 2026 revenue of $28.8 million, up 54% year over year, driven by Cloud Services revenue of $23.8 million (+43%) and Colocation revenue of $4.7 million (+173%). Cloud Services included about $12.3 million from a previously disclosed customer termination.
Gross profit excluding D&A was $17.1 million (59.4% margin). Operating loss was $9.3 million, and net loss widened to $15.0 million, or $0.39 per diluted share. Adjusted EBITDA rose 69% to $5.5 million. Results included a $5.0 million impairment of capitalized software.
The NC-1 data center in North Carolina moved into active customer deployment, with initial billing started and full contracted run-rate on 40 MW expected later in August. WhiteFiber reported colocation remaining performance obligations of about $932.9 million and highlighted over $540 million of new multi-year Cloud Services contracts, including large NVIDIA GPU deployments in Paris, Canada and Iceland. Cash and restricted cash totaled $60.4 million, and the company expanded its RBC credit facility to up to CAD $115 million plus a CAD $25 million accordion.
WhiteFiber (Nasdaq: WYFI) reported second quarter 2026 revenue of $28.8 million, up 54% year over year, driven by Cloud Services revenue of $23.8 million (including $12.3 million from a customer termination) and Colocation revenue of $4.7 million, up 173%.
Gross profit excluding depreciation and amortization was $17.1 million with a 59.4% margin. Operating loss was $9.3 million, and net loss widened to $15.0 million or $0.39 per diluted share. Adjusted EBITDA rose 69% to $5.5 million. NC-1 in North Carolina moved into active deployment, with initial billing underway and full run-rate billing across 40 MW of contracted IT load expected later in August.
WhiteFiber signed new multi-year Cloud Services agreements since May 2026 with aggregate contract value over $540 million, contributing to remaining performance obligations for colocation of about $932.9 million. Cash and restricted cash totaled $60.4 million, and the company expanded its RBC credit facility to up to CAD $115 million plus a CAD $25 million accordion.
Bit Digital (Nasdaq: BTBT) will release its financial results for the second quarter ended June 30, 2026, before the market opens on Thursday, August 13, 2026. Senior management will host a live webcast and conference call to discuss the results at 10:30 a.m. Eastern Time the same day.
WhiteFiber (NASDAQ: WYFI) announced it will host its second quarter 2026 earnings conference call on August 12, 2026, at 9:00 a.m. Eastern Time. The call will cover financial results for the quarter ended June 30, 2026, and business updates, followed by a Q&A session with CEO Sam Tabar, CFO Justin Zhu, and other senior executives.
U.S. and Canada participants can dial toll-free (800) 330-6730 using access code 827705, or join via webcast through the event link. According to WhiteFiber, the earnings release, webcast, and replay will be available on the company’s Investor Relations website at www.whitefiber.com/investors.