MTL-2 development investment
Company: WhiteFiber - Project: NTL2
The claim, verbatim
Expected to invest approximately $23.6 million to develop MTL-2 to Tier-3 standards
Source (primary)
WhiteFiber 10-K filed 2026-03-26 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “We expected to invest approximately $23.6 million to develop the site to Tier-3 standards with an initial load of 5 MW (gross).”
How we checked this
Checked on September 15, 2026. The cited source supports every part of this claim.
The 10-K states the company expected to invest about $23.6 million to bring MTL-2 to Tier-3 standards. It also notes that it has since prioritized other builds.
Confirmed in the source:
- WhiteFiber expected to invest approximately $23.6 million to develop MTL-2 to Tier-3 standards
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/2042022/000121390026034341/ea0278305-10k_white.htm) in full (600,249 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms WhiteFiber 10-K filed 2026-03-26
Quote: “We expected to invest approximately $23.6 million to develop the site to Tier-3 standards with an initial load of 5 MW (gross).”