Bit Digital HPC business contribution
Company: WhiteFiber
The claim, verbatim
Bit Digital contributed its HPC business (100% ownership of WhiteFiber AI, Inc. and wholly-owned subsidiaries WhiteFiber HPC, Inc., WhiteFiber Canada, Inc., WhiteFiber Japan G.K., WhiteFiber Iceland, ehf) in exchange for 27,043,749 Ordinary Shares
Source (primary)
WhiteFiber 8-K filed 2025-08-08 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Bit Digital agreed to contribute its HPC business through the transfer of 100% of the capital shares of its cloud services subsidiary, WhiteFiber AI, Inc. and its wholly-owned subsidiaries WhiteFiber HPC, Inc., WhiteFiber Canada, Inc., WhiteFiber Japan G.K. and WhiteFiber Iceland, ehf, to the Company”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing states that WhiteFiber issued 27,043,749 Ordinary Shares to Bit Digital under a contribution agreement. Under that agreement, Bit Digital transferred 100% of WhiteFiber AI, Inc. and its listed subsidiaries in exchange for those shares.
Confirmed in the source:
- Bit Digital contributed its HPC business to WhiteFiber
- The contribution was made by transferring 100% of the capital shares of WhiteFiber AI, Inc.
- The transferred business included WhiteFiber AI's wholly-owned subsidiaries WhiteFiber HPC, Inc., WhiteFiber Canada, Inc., WhiteFiber Japan G.K. and WhiteFiber Iceland, ehf
- Bit Digital received 27,043,749 Ordinary Shares in exchange
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/2042022/000121390025073717/ea0252391-8k_whitefiber.htm) in full (7,685 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms WhiteFiber 8-K filed 2025-08-08
Quote: “Bit Digital agreed to contribute its HPC business through the transfer of 100% of the capital shares of its cloud services subsidiary, WhiteFiber AI, Inc. and its wholly-owned subsidiaries WhiteFiber HPC, Inc., WhiteFiber Canada, Inc., WhiteFiber Japan G.K. and WhiteFiber Iceland, ehf, to the Company”