WhiteFiber secures $100 million delayed draw facility for growth
The facility with Bit Digital Capital can be increased to $150 million and provides flexibility for data center and cloud services expansion.
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AI infrastructure provider
whitefiber.comLast updated
In short: WhiteFiber secured a $100M loan and $160M AI deal in France, driving significant stock growth while expanding its regulated infrastructure footprint.
The facility with Bit Digital Capital can be increased to $150 million and provides flexibility for data center and cloud services expansion.
The five-year deal expands WhiteFiber's cloud footprint into Europe, using NVIDIA GPU systems in Paris region.
Revenue rose 31% to $21.9 million, driven by colocation services growth of 190%. Net loss was $12.0 million.
Revenue grew 61% YoY to $23.6M, with net loss of $1.5M and adjusted EBITDA of $5.8M.
WhiteFiber Inc. stocks have been trading up by 14.21 percent after upbeat news signaled strong growth and investor confidence. Key Takeaways WhiteFiber secured a $100M...
WhiteFiber, Inc., a Nasdaq-listed AI infrastructure and high-performance computing provider, has expanded its cloud footprint into Europe by securing third-party data center capacity in France...
U.S. Securities and Exchange Commission as part of a Form 8-K current report, clarifying that the materials are for informational purposes and are not deemed...
WhiteFiber reported Q1 GAAP EPS of -$0.31 and revenue of $21.92 million.
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