MTL-2 real estate acquisition and development
Company: WhiteFiber - Project: NTL2
The claim, verbatim
WhiteFiber acquired real estate and building for MTL-2 (5 MW gross Tier-3 data center) on December 27, 2024 for approximately $23.3 million with planned investment of $23.6 million for site development
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)”
How we checked this
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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)”