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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...