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.”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states the 96-acre Madison, NC facility was acquired for $45M with contingent payments pushing the total to roughly $60M, tied to Duke Energy power delivery milestones.
Confirmed in the source:
- WhiteFiber acquired a 96-acre former textile manufacturing facility in Madison, NC
- The acquisition could total roughly $60 million including contingent payments
- The contingent payments depend on Duke Energy meeting power delivery milestones
What we did: Read our cached copy of the publisher (https://cryptobriefing.com/whitefiber-north-carolina-ai-data-center-acquisition/) in full (9,129 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
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.”