Deep Tide TechFlow News, May 28, according to The Block, Bit Digital announced a $100 million delayed draw term loan to its controlling AI infrastructure company WhiteFiber's subsidiary, with the facility extendable to $150 million by mutual agreement, to support WhiteFiber's recent high-performance computing and AI expansion plans. Bit Digital stated that the loan funds will be disbursed partly or entirely through an Ethereum-denominated secured credit facility, allowing the company to retain ETH exposure while earning a financing spread.

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