NasdaqCM:WYFIIT
WhiteFiber’s $160M AI Deal And Crypto Debt Shape Growth And Risk Profile
WhiteFiber (NasdaqCM: WYFI) has signed a five year, $160m AI compute infrastructure contract in the Paris region, using NVIDIA GPUs for an investment grade customer.
The company has also arranged a $100m delayed draw term loan with Bit Digital, secured by Ethereum backed assets.
Both agreements are structured with prepayments and project specific funding intended to limit balance sheet exposure as service begins.
For investors tracking WhiteFiber at a share price of $28.03, the stock has...