WhiteFiber, Inc. announced a $270 million private placement of 5.00% Convertible Senior Notes due 2032, upsized from $250 million, to qualified institutional buyers. The notes offer an initial conversion price with a 25% premium over the recent stock price and will mature in 2032, with options for early redemption and repurchase. Proceeds, estimated netting about $259.8 million, will primarily fund data center expansion, including property acquisition, construction, equipment purchase, and potential acquisitions to support its AI infrastructure and cloud services. Concurrently, WhiteFiber is conducting note exchange transactions to retire existing debt, with the offering expected to close on August 21, 2026, subject to conditions.
Foresight Autonomous Holdings has signed a non-binding term sheet to acquire a 50.01% controlling interest in a company developing two data center projects in Warsaw and Wroclaw, Poland, with a combined planned capacity of 270 MW. This move aligns wi...
YieldMax ETFs declared weekly distributions for their Group 1 ETFs, with payment on October 15, 2026. The distributions vary by ETF, reflecting different distribution rates and 30-day SEC yields, ranging from about 23% to over 60%. These ETFs cover s...
The Asia-Pacific sustainable data center market is projected to grow from $16.74 billion in 2025 to $57.18 billion by 2031, at a CAGR of 22.7%. Growth is fueled by rising demand for AI, cloud computing, and hyperscale infrastructure, prompting invest...
Holafly has introduced the Ultra Plan, a new global eSIM subscription that offers unlimited mobile data alongside health and wellness services, including 24/7 medical messaging, mental health sessions, nutrition and fitness coaching, and veterinary a...
Stellar has grown as a major blockchain for tokenized real-world assets, holding about $3.5 billion in such assets, surpassing XRP Ledger's $2.5 billion in some estimates. Despite this, XRP's market capitalization remains nearly 13 times higher than ...
