---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-073702"
form_type: "8-K"
ticker: "BTBT"
cik: "0001710350"
company_name: "Bit Digital, Inc"
filed_at: "2025-08-08T23:59:59+00:00"
generated_at: "2026-05-17T16:41:37.253838+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Bit Digital subsidiary WhiteFiber completes IPO, raises $159.4 million; Bit Digital retains 74.3% stake

## Summary
- WhiteFiber, a subsidiary of Bit Digital, completed its IPO of 9.375 million ordinary shares at $17.00 per share, grossing $159.375 million.
- Prior to the IPO, Bit Digital contributed its HPC business to WhiteFiber in exchange for 27,043,749 shares, holding 74.3% post-IPO.
- Bit Digital and WhiteFiber entered a transition services agreement with estimated monthly fees of $155,000 for up to 24 months.
- Underwriters have a 30-day option to purchase up to 1,406,250 additional WhiteFiber shares; if exercised fully, Bit Digital's stake would be ~71.5%.

## SEC filing metadata
- accession: 0001213900-25-073702
- form_type: 8-K
- ticker: BTBT
- cik: 0001710350
- company_name: Bit Digital, Inc
- filed_at: 2025-08-08T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1710350/000121390025073702/0001213900-25-073702-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1710350/000121390025073702/ea0252466-8k_bitdigital.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-073702
- JSON: https://secwatch.observer/filing/0001213900-25-073702.json
- Plain text: https://secwatch.observer/filing/0001213900-25-073702.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.