jain.com

Acquisition of two North Carolina properties for data center development

Company: WhiteFiber

Subject kind
acquisition
Statement date
2026-08-19
Promised by
2026-12-31
Promised amount
60.0 USD
Current status
stated

The claim, verbatim

WhiteFiber plans to acquire two industrial properties in North Carolina for $60 million in cash and retrofit them into data center campuses designated NC-2 and NC-3, with the property purchase expected to close in the fourth quarter of 2026.

Source (primary)

WhiteFiber Shares Plunge as Convertible Note Deal Swells to $270 Million - finance.biggo.com (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “WhiteFiber announced plans to acquire two industrial properties in North Carolina for $60 million in cash. The company intends to retrofit those sites into data center campuses designated NC-2 and NC-3... with the property purchase expected to close in the fourth quarter of 2026.”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The document confirms the $60 million cash acquisition of two NC properties, the NC-2/NC-3 designations, and the Q4 2026 expected closing.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.biggo.com/news/a90dae8f-d2f9-4168-9b44-6fa04350ee8a) in full (8,218 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms WhiteFiber Shares Plunge as Convertible Note Deal Swells to $270 Million - finance.biggo.com

Quote: “WhiteFiber announced plans to acquire two industrial properties in North Carolina for $60 million in cash. The company intends to retrofit those sites into data center campuses designated NC-2 and NC-3... with the property purchase expected to close in the fourth quarter of 2026.”

View cached copy (2026-08-31)Live source ↗