Bit Digital Extends $100M Loan to WhiteFiber, Backed by Ethereum Treasury

According to Bit Digital CEO Sam Tabar, the company extended a $100 million delayed-draw term loan facility to WhiteFiber, its majority-owned AI infrastructure and high-performance computing subsidiary, with potential to increase to $150 million by mutual agreement. The facility supports WhiteFiber's near-term expansion in AI infrastructure and high-performance computing capacity.

Bit Digital said advances may be funded through an Ethereum-denominated secured credit facility, allowing the company to retain ETH exposure while earning a financing spread. The CEO framed the transaction as a capital allocation strategy that pursues higher risk-adjusted returns compared to traditional Ethereum staking yields while maintaining digital asset exposure.