Bit Digital is extending a $100 million loan facility to a WhiteFiber subsidiary as it links its Ethereum treasury strategy with its AI infrastructure business.
Summary
- Bit Digital originated a $100 million loan facility to support WhiteFiber’s AI infrastructure growth plans.
- The facility may rise to $150 million if Bit Digital and WhiteFiber reach mutual agreement.
- Ethereum-backed funding lets Bit Digital retain ETH exposure while seeking returns beyond traditional staking yields.
The company said the delayed-draw term loan will support WhiteFiber’s near-term growth plans in high-performance computing and AI infrastructure. The structure also allows Bit Digital to use Ethereum-backed financing while keeping ETH exposure.
Bit Digital funds WhiteFiber’s AI buildout
Bit Digital announced that it originated and served as a lender for a $100 million delayed-draw term loan facility to a WhiteFiber subsidiary. WhiteFiber is the company’s majority-owned AI infrastructure and high-performance computing business.
The loan can be expanded to $150 million if both parties agree. B. Riley Securities purchased part of the term loans from Bit Digital Capital, a wholly owned unit of Bit Digital.
The facility is designed to support WhiteFiber’s growth plans. The company said the funding gives WhiteFiber access to capital for near-term projects while it continues to build its AI and high-performance computing platform.
Ethereum credit line shapes the funding plan
Bit Digital said advances under the facility may be funded in whole or in part through an Ethereum-denominated secured credit facility. That structure allows the company to keep ETH exposure while earning a financing spread on the loan asset.
The setup marks another step in Bit Digital’s move away from Bitcoin mining and toward Ethereum-linked treasury activity. The company has been building its strategy around ETH holdings, staking, AI infrastructure, and its majority stake in WhiteFiber.
“This transaction reflects a disciplined and differentiated capital allocation approach that further supports our existing AI Infrastructure investment thesis,” said Chief Executive Officer Sam Tabar.
He added that Bit Digital was seeking risk-adjusted economics that it believes exceed traditional ETH staking yields.
The company also said the transaction passed a board review process. It added that independent committees and fairness opinions were part of the review of the deal structure, economics, and shareholder alignment.
Mining exit adds context to the deal
The new facility comes after Bit Digital moved to wind down its Bitcoin mining business. The company said earlier this year that mining had become a less efficient use of capital compared with areas tied to Ethereum yield and infrastructure growth.
As previously reported by crypto.news, Bit Digital posted a $146.7 million net loss in the first quarter of 2026 while continuing to reduce its Bitcoin mining exposure. The company held about 154,444 ETH at the end of March and said future capital deployment would focus on Ethereum operations and infrastructure businesses.
Separate coverage also showed that Bit Digital expanded its Ethereum holdings in 2025 after using proceeds from a $150 million convertible notes offering to buy 31,057 ETH. The move brought its total holdings to 150,244 ETH at the time.
The WhiteFiber loan now ties those two business lines together. It gives Bit Digital a way to support its AI infrastructure stake while using Ethereum-backed credit as part of its treasury plan.
News,Ethereum,Loan,Staking#Bit #Digital #backs #WhiteFiber #100M #Ethereumlinked #loan1779960459
