Bit Digital, Inc incurred term loan of up to $100 million, which may be increased to $150 million with Enovum NC-1 Venture, LLC (Borrower) and White Fiber Operating Partnership LP (Guarantor) at 9.5% per annum before the Rate Step Down Event, and 8% thereafter maturing nine months or, if extended, for an additional three months.
“subject to the timing of the closing of permanent financing, as well as other growth initiatives. The Term Loan provides for loans in an aggregate principal amount of up to $100 million, which may be increased to $150 million (the “Facility Size”) upon mutual agreement of the parties. The term of the Term Loan (the “Facility Availability Period”) is for nine”
Earnings Releases
Bit Digital, Inc reported Fiscal Year 2025 results: revenue $113.6 million, net income $(80.3) million, EPS $(0.31) per diluted share.
“Total revenue for fiscal year 2025 was $113.6 million, a 5% increase compared to $108.0 million in fiscal year 2024.”
Debt Financings
Bit Digital, Inc incurred convertible notes of additional $15 million aggregate principal amount of Notes.
“the exercise in full on September 30, 2025 of the underwriters' option to purchase an additional $15 million aggregate principal amount of Notes”
Debt Financings
Bit Digital, Inc incurred convertible notes of $150 million aggregate principal amount with U.S. Bank Trust Company, National Association at 4.00% per year maturing October 1, 2030.
“Cantor Fitzgerald & Co. and B. Riley Securities, Inc. as representatives of the several underwriters named in Schedule I thereto, in connection with the issuance and sale of $150 million aggregate principal amount of the Company’s 4.00% Convertible Senior Notes due 2030 (the “Notes”), including the exercise in full on September 30, 2025 of the underwriters’”
Debt Financings
Bit Digital, Inc incurred lease obligation of USD $18.5 million with Royal Bank of Canada at fixed based on the rental rate determined by RBC for the three-year term of the maturing three-year term.
“Enovum entered into a three-year USD $18.5 million non-revolving lease facility to finance specific equipment costs, including related installation costs, building improvements and soft costs, and/or sale and leasing of existing equipment.”
Debt Financings
Bit Digital, Inc incurred revolving credit of USD $5.8 million with Royal Bank of Canada maturing 36 month term.
“proceeds are to be used primarily to refinance the buildout of WhiteFiber’s Tier-3 AI data center at 7300 Trans Canada Highway, Pointe-Claire, Quebec (“MTL-2”) as well as USD $5.8 million of revolving term financing (the “Revolver”) (based on the CAD/U.S.$ rate of exchange of CAD1.00/U.S.$0.7308, as reported by Bloomberg on June 18, 2025). The Facility is among”
Debt Financings
Bit Digital, Inc incurred term loan of USD $19.6 million with Royal Bank of Canada at a floating interest rate ranging from RBP plus 0.75% to CORRA (“Canadian Overnig maturing three-year term.
“As part of the Facility, Enovum entered into a three-year USD $19.6 million (based on the CAD/U.S.$ rate of exchange of CAD1.00/U.S.$0.7308, as reported by Bloomberg on June 18, 2025) non-revolving real estate term loan facility.”
Debt Financings
Bit Digital, Inc incurred credit facility of up to approximately USD $43.9 million with Royal Bank of Canada at fixed based on the rental rate determined by RBC for the three-year term of the maturing three-year term.
“into a definitive credit agreement (the “Facility”) with the Royal Bank of Canada (“RBC”). The Facility provides for an aggregate of up to approximately USD $43.9 million of financing (based on the CAD/U.S.$ rate of exchange of CAD1.00/U.S.$0.7308, as reported by Bloomberg on June 18, 2025). The proceeds are to be used primarily to refinance the”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.