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) 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.
WhiteFiber (NASDAQ: WYFI) reported initial R&D results for its cross-data-center distributed GPU supercluster networking solution, targeting commercial launch in Q3 2026.
Testing reached 111.2 Tbps over 83km of dark fiber with 0.9ms guaranteed round-trip latency, and patent applications have been submitted.
Bit Digital (Nasdaq: BTBT) announced its 2026 Annual General Meeting of Shareholders will be held on July 29, 2026 at 9:00 a.m. ET.
The AGM will be conducted both in person and virtually, with shareholders of record on April 30, 2026 entitled to vote. The company has filed its Definitive Proxy Statement with the SEC.
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.