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Bit Digital lends $100M to WhiteFiber using Ethereum credit line, earning a 4% spread while keeping ETH exposure.

Market News
28 May 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Bit Digital has extended a $100 million loan facility to WhiteFiber, funded partly through an Ethereum-backed credit line at 5.45%, while lending to WhiteFiber at 9.5%. This strategy allows Bit Digital to maintain its Ethereum exposure and earn a financing spread of around 400 basis points. WhiteFiber, a Nasdaq-listed AI data center company, benefits from this capital to support its infrastructure expansion. Investors gain exposure to ETH price movements, financing returns, and AI infrastructure growth, but face risks including ETH price volatility, refinancing risk, and concentration risk due to Bit Digital's large equity and creditor position in WhiteFiber.

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