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

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

Attempted on September 17, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/2042022/000121390025066839/ea0249945-s1a1_white.htm) in full (824,020 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

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 ↗