Bit Digital, Inc. logo BTBT - Bit Digital, Inc.

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| PRICE TARGET: $6.00 DETAILS
HIGH: $7.00
LOW: $5.00
MEDIAN: $6.00
CONSENSUS: $6.00
UPSIDE: 255.03%

Stock News

Bit Digital originates $100M loan facility for WhiteFiber, adds $20M in Ethereum

Bit Digital originates $100M loan facility for WhiteFiber, adds $20M in Ethereum

Bit Digital Inc (NASDAQ:BTBT) said it has originated a $100 million delayed draw term loan facility for a subsidiary of WhiteFiber, Inc. (Nasdaq: WYFI), an AI infrastructure firm in which Bit Digital holds a majority ownership interest. The facility, which can be expanded to $150 million by mutual agreement, is designed to support WhiteFiber's near-term growth initiatives.

May 28, 2026 04:44 AM proactiveinvestors.com
Bit Digital Purchases $20 Million of Ethereum, Deepening Its Strategic Asset Position

Bit Digital Purchases $20 Million of Ethereum, Deepening Its Strategic Asset Position

In March, Bit Digital CEO Sam Tabar   publicly wrote that the Ethereum market looked "more like a reset than an ending." NEW YORK, May 28, 2026 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a publicly-listed Strategic Asset Company focused on Ethereum strategies, AI/HPC infrastructure, and strategic acquisitions, today announced the purchase of approximately 8,568 Ethereum ("ETH") for $20 million USD.

May 28, 2026 04:30 AM prnewswire.com
Bit Digital Originates Strategic Financing Facility Supporting WhiteFiber Growth Initiatives

Bit Digital Originates Strategic Financing Facility Supporting WhiteFiber Growth Initiatives

NEW YORK, May 27, 2026 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a publicly-listed Strategic Asset Company focused on Ethereum strategies, AI/HPC Infrastructure, and strategic acquisitions, today announced that it has originated and served as a lender for a $100 million delayed draw term loan facility for a subsidiary of WhiteFiber, Inc. (Nasdaq: WYFI) ("WhiteFiber" or "WYFI") as borrower. B. Riley Securities, Inc. purchased a portion of the term loans under the facility from Bit Digital Capital, Inc. The facility is designed to support WYFI's near-term growth initiatives.

May 27, 2026 01:27 PM prnewswire.com
WhiteFiber Secures $100 Million Delayed Draw Facility to Support Near-Term Growth Initiatives

WhiteFiber Secures $100 Million Delayed Draw Facility to Support Near-Term Growth Initiatives

NEW YORK, May 27, 2026 /PRNewswire/ -- WhiteFiber, Inc. (Nasdaq: WYFI) ("WhiteFiber" or the "Company"), a leading provider of AI infrastructure and high-performance computing solutions, today announced that it has entered into a $100 million delayed draw term loan facility with Bit Digital Capital, Inc., a wholly owned subsidiary of Bit Digital, Inc. (Nasdaq: BTBT). The facility may be increased to $150 million upon mutual agreement of the parties.

May 27, 2026 01:00 PM prnewswire.com

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