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Bit Digital contribution

Company: WhiteFiber

Subject kind
acquisition
Statement date
2025-07-22
Current status
stated

The claim, verbatim

Bit Digital entered into Contribution Agreement to transfer 100% of WhiteFiber AI Inc. and its subsidiaries to WhiteFiber upon registration statement effectiveness

Source (primary)

WhiteFiber S-1/A filed 2025-07-23 (SEC EDGAR, sec_filing)
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Quote: “Bit Digital, Inc. ("Bit Digital"), an exempted company with limited liability incorporated and registered in the Cayman Islands and our parent company, has entered into a Contribution Agreement to transfer 100% of the capital shares of its subsidiary, WhiteFiber AI, Inc. and its wholly-owned subsidiaries WhiteFiber HPC, Inc. and WhiteFiber Iceland, ehf (collectively, "WhiteFiber AI") to the Company upon the effectiveness of the registration statement of which this prospectus is a part”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms WhiteFiber S-1/A filed 2025-07-23

Quote: “Bit Digital, Inc. ("Bit Digital"), an exempted company with limited liability incorporated and registered in the Cayman Islands and our parent company, has entered into a Contribution Agreement to transfer 100% of the capital shares of its subsidiary, WhiteFiber AI, Inc. and its wholly-owned subsidiaries WhiteFiber HPC, Inc. and WhiteFiber Iceland, ehf (collectively, "WhiteFiber AI") to the Company upon the effectiveness of the registration statement of which this prospectus is a part”

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