Data Center Expansion - Property Acquisition and Construction
Company: WhiteFiber
The claim, verbatim
WhiteFiber plans to use net proceeds for data center expansion, including leasing or purchasing additional property and constructing additional data center facilities.
Source (primary)
WhiteFiber 8-K filed 2026-08-21 (SEC EDGAR, sec_filing)
View cached copy (2026-08-30)Live source ↗
Quote: “The remaining net proceeds from the Offering are expected to be used primarily for data center expansion, including to partially fund the lease or purchase of additional property or properties on which to build additional WhiteFiber data centers, to construct those facilities”
How we checked this
Checked on September 2, 2026. The cited source supports every part of this claim.
The stated use of proceeds in the filing covers both the property lease/purchase and the construction of the facilities.
Confirmed in the source:
- Remaining net proceeds are expected to be used primarily for data center expansion
- Uses include partially funding the lease or purchase of additional property for new WhiteFiber data centers and constructing those facilities
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/2042022/000121390026092599/ea0302925-8k_white.htm) in full (20,917 characters, retrieved August 30, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms WhiteFiber 8-K filed 2026-08-21
Quote: “The remaining net proceeds from the Offering are expected to be used primarily for data center expansion, including to partially fund the lease or purchase of additional property or properties on which to build additional WhiteFiber data centers, to construct those facilities”