Bit Digital subsidiary secures ~$43.9M credit facility from RBC for AI data center

Bit Digital, Inc

Aggregate $43.9M facility includes $18.5M lease facility, $19.6M real estate term loan, and $5.8M revolver.
Proceeds primarily refinance buildout of MTL-2 Tier-3 AI data center in Quebec, expected operational Q4 2025.
WhiteFiber targets 12 MW new gross capacity by end of 2025, total ~16 MW; NC-1 24 MW expected Q1 2026.
Facility is non-recourse to Bit Digital and WhiteFiber; financial covenants include fixed charge coverage ≥1.20:1.
WhiteFiber aims for 76 MW gross data center capacity by end of 2026, backed by 1,300 MW pipeline.

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This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.