Bit Digital Extends $100M Loan to WhiteFiber Using Ethereum Credit
Bit Digital is extending a $100M loan facility to a WhiteFiber subsidiary, expandable to $150M. Funding supports WhiteFiber’s growth in high-performance computing and AI infrastructure. Advances may be funded via Ethereum-denominated secured credit, maintaining ETH exposure. Bit Digital is leveraging its Ethereum holdings. The Nasdaq-listed business announced a $100 million delayed-draw term loan facility for […] The post Bit Digital Extends $100M Loan to WhiteFiber Using Ethereum Credit appeared first on Live Bitcoin News.