financetom
Business
financetom
/
Business
/
Bit Digital Reaffirms Long-Term Investment in WhiteFiber Shares
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bit Digital Reaffirms Long-Term Investment in WhiteFiber Shares
Mar 11, 2026 2:03 AM

NEW YORK, Jan. 28, 2026 /PRNewswire/ -- Bit Digital, Inc. ( BTBT ) today reaffirmed its long-term investment in WhiteFiber, Inc. ( WYFI ) and confirmed that it will not sell any of its WhiteFiber ( WYFI ) shares in any secondary offering or other discretionary disposition during 2026.

Following WhiteFiber's ( WYFI ) initial public offering in August 2025, Bit Digital ( BTBT ) continues to own approximately 27 million shares of WhiteFiber ( WYFI ). On February 2, 2026, the IPO lockup period for Bit Digital's ( BTBT ) WhiteFiber ( WYFI ) shares will expire. As previously stated on the Company's November 2025 earnings call, Bit Digital ( BTBT ) views its investment in WhiteFiber ( WYFI ) as a core strategic holding and will not sell any of its WYFI shares during 2026 following the expiration of the IPO lockup. From time to time, the Company may engage in limited treasury or risk-management activities, including derivative transactions, in the ordinary course of corporate finance. Any such activities would be undertaken with the intention of maintaining Bit Digital's ( BTBT ) long-term ownership position in WhiteFiber ( WYFI ) and are not intended to represent a monetization of its WhiteFiber ( WYFI ) investment.

Sam Tabar, Chief Executive Officer of Bit Digital ( BTBT ), commented:

"As WhiteFiber's IPO lockup approaches expiration, we want to reaffirm what we previously communicated to investors. WhiteFiber ( WYFI ) is central to our long-term strategy and represents our core exposure to AI infrastructure, alongside our Ethereum-focused digital asset platform. Our continued ownership reflects strong alignment with WhiteFiber's ( WYFI ) other shareholders and underscores our confidence in the company's long-term growth."

About Bit Digital ( BTBT )

Bit Digital ( BTBT ) is a publicly traded digital asset platform focused on Ethereum-native treasury and staking strategies. The Company began accumulating and staking ETH in 2022 and now operates one of the largest institutional Ethereum staking infrastructures globally. Bit Digital's ( BTBT ) platform includes advanced validator operations, institutional-grade custody, active protocol governance, and yield optimization. Through strategic partnerships across the Ethereum ecosystem, Bit Digital ( BTBT ) aims to deliver exposure to secure, scalable, and compliant access to onchain yield. Bit Digital ( BTBT ) also holds a majority equity stake in WhiteFiber ( WYFI ) , a leading AI infrastructure provider and HPC solutions. For additional information, please contact  [email protected] or follow us on LinkedIn or X.

Investor Notice

Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under "Risk Factors" in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2024 (Annual Report) and any subsequently filed Quarterly Reports on Form 10-Q and any Current Reports on Form 8-K.  If any material risk was to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. See "Safe Harbor Statement" below.

Safe Harbor Statement

This press release may contain certain "forward-looking statements" relating to the business of Bit Digital, Inc. ( BTBT ), and its subsidiary companies. All statements, other than statements of historical fact included herein, are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," or similar expressions, involving known and unknown risks and uncertainties. Forward-looking statements in this press release include statements regarding WYFI shares held by BTBT and WYFI's long-term growth.  Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

View original content to download multimedia:https://www.prnewswire.com/news-releases/bit-digital-reaffirms-long-term-investment-in-whitefiber-shares-302673075.html

SOURCE Bit Digital, Inc. ( BTBT )

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BRIEF-Touchstone Exploration Amends Deal With Shell Trinidad Central Block Ltd To Extend Long-Stop Date
BRIEF-Touchstone Exploration Amends Deal With Shell Trinidad Central Block Ltd To Extend Long-Stop Date
May 25, 2025
April 29 (Reuters) - Touchstone Exploration Inc ( PBEGF ) : * TOUCHSTONE EXPLRTN. - ACQUISITION UPDATE * TOUCHSTONE EXPLORATION INC ( PBEGF ) - AGREEMENT AMENDED TO EXTEND LONG-STOP DATE TO MAY 12, 2025 * TOUCHSTONE EXPLORATION INC ( PBEGF ) - MAKES SIGNIFICANT PROGRESS WITH LENDER FOR FINANCING Source text: Further company coverage: ...
Digital Asset Acquisition Prices $150 Million IPO
Digital Asset Acquisition Prices $150 Million IPO
May 25, 2025
03:55 AM EDT, 04/29/2025 (MT Newswires) -- Digital Asset Acquisition (DAAQ) said late Monday that it priced its initial public offering of 15 million units at $10 per unit for gross proceeds of $150 million. The units comprise one class A ordinary share and one-half of a redeemable warrant, with each whole warrant exercisable at $11.50 per share to purchase...
BRIEF-Bakkavor Group Announces Sale Of China Operations
BRIEF-Bakkavor Group Announces Sale Of China Operations
May 25, 2025
April 29 (Reuters) - Bakkavor Group Plc ( BKKVF ): * SALE OF CHINA OPERATIONS * PROPOSED DEAL FOR CASH CONSIDERATION IS RMB C.500M (C.£50M) ON A CASH AND DEBT-FREE BASIS * CASH CONSIDERATION IS RMB C.500M * TRANSACTION PROCEEDS DILUTIVE TO GROUP ADJUSTED OPERATING PROFIT MARGIN, WILL SUPPORT DELIVERY OF GROUP'S MEDIUM-TERM MARGIN TARGET OF 6% ...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved