MTL-2 property purchase
Company: WhiteFiber
The claim, verbatim
Acquired real estate and building for 5 MW Tier-3 data center expansion near Montreal (MTL-2) for CAD 33.5 million (~$23.3M)
Source (primary)
WhiteFiber 10-K filed 2026-03-26 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “On December 27, 2024, we acquired the real estate and building for a build-to-suit 5 MW (gross) Tier-3 data center expansion project near Montreal, Canada which we refer to as MTL-2...We initially funded the purchase of CAD 33.5 million (approximately $23.3 million) with cash on hand.”
How we checked this
Checked on September 15, 2026. The cited source supports every part of this claim.
The 10-K describes the MTL-2 real estate purchase, its 5 MW Tier-3 expansion purpose and the CAD 33.5 million (about $23.3 million) price.
Confirmed in the source:
- WhiteFiber acquired the real estate and building for MTL-2 on December 27, 2024
- MTL-2 is a build-to-suit 5 MW (gross) Tier-3 data center expansion project near Montreal
- The purchase was CAD 33.5 million (approximately $23.3 million), funded with cash on hand
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: “On December 27, 2024, we acquired the real estate and building for a build-to-suit 5 MW (gross) Tier-3 data center expansion project near Montreal, Canada which we refer to as MTL-2...We initially funded the purchase of CAD 33.5 million (approximately $23.3 million) with cash on hand.”