North Carolina textile facility acquisition with contingent payments
Company: WhiteFiber
The claim, verbatim
WhiteFiber's acquisition of a 96-acre textile manufacturing facility in Madison, NC could total $60 million including contingent payments dependent on Duke Energy meeting power delivery milestones.
Source (primary)
WhiteFiber Inc. agrees to acquire North Carolina property for up to $60M as it pivots from crypto mining to AI data centers - Crypto Briefing (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “The company acquired a 96-acre former textile manufacturing facility in Madison, NC, for $45 million in cash on May 20, with contingent payments that could push the total price tag to roughly $60 million. The extra payments depend on whether Duke Energy hits certain power delivery milestones.”
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Additional evidence
confirms WhiteFiber Inc. agrees to acquire North Carolina property for up to $60M as it pivots from crypto mining to AI data centers - Crypto Briefing
Quote: “The company acquired a 96-acre former textile manufacturing facility in Madison, NC, for $45 million in cash on May 20, with contingent payments that could push the total price tag to roughly $60 million. The extra payments depend on whether Duke Energy hits certain power delivery milestones.”