---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-061574"
form_type: "8-K"
ticker: "BTBT"
cik: "0001710350"
company_name: "Bit Digital, Inc"
filed_at: "2026-05-27T21:05:25+00:00"
generated_at: "2026-05-27T21:08:44.466961+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bit Digital originates $100M delayed draw term loan to WhiteFiber subsidiary; funds via Galaxy ETH-backed loan

## Summary
- BTBT subsidiary lends up to $100M (expandable to $150M) to WYFI subsidiary at 9.5% interest, 9-month term.
- $50M initially drawn under Galaxy Digital ETH-backed loan at 5.45% to fund the Term Loan.
- B. Riley Securities purchased $20M portion of an Advance under the Term Loan on same economic terms.
- Transaction approved by independent committees; fairness opinions from Needham (BTBT) and Seaport (WYFI).
- BTBT expects economics to exceed traditional ETH staking yields while supporting its equity investment in WYFI.

## SEC filing metadata
- accession: 0001213900-26-061574
- form_type: 8-K
- ticker: BTBT
- cik: 0001710350
- company_name: Bit Digital, Inc
- filed_at: 2026-05-27T21:05:25+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1710350/000121390026061574/0001213900-26-061574-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1710350/000121390026061574/ea0292031-8k_bitdigital.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-061574
- JSON: https://secwatch.observer/filing/0001213900-26-061574.json
- Plain text: https://secwatch.observer/filing/0001213900-26-061574.txt

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