05:06 PM EST, 01/21/2026 (MT Newswires) -- WhiteFiber ( WYFI ) said late Wednesday it plans a private offering of $200 million of convertible senior notes due 2031.

The company said it plans to grant the initial buyers a 13-day overallotment option to purchase up to an additional $30 million of the notes.

Net proceeds will be used to cover costs of a zero-strike call option transaction, for data center expansion, potential acquisitions and partnerships, as well as general corporate purposes, the company said.