Bit Digital originates $100 million delayed-draw term loan facility for WhiteFiber unit
PUBT · 4d ago
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- Bit Digital originated a USD 100 million delayed draw term loan facility for a WhiteFiber subsidiary.
- Facility includes an expansion option to USD 150 million by mutual agreement.
- B. Riley Securities purchased a portion of the term loans from Bit Digital Capital.
- Funding may be sourced from drawings under an Ethereum-denominated secured credit facility to retain ETH exposure.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bit Digital Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-061574), on May 27, 2026, and is solely responsible for the information contained therein.
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