Bit Digital Inc., through its wholly-owned subsidiary White Fiber, Inc., completed the acquisition of an industrial/manufacturing building and its underlying land in Madison, North Carolina. The transaction was finalized on May 20, 2025, following an amendment to the Real Estate Purchase and Sale Agreement with Unifi Manufacturing Inc. The purchase price was set at $45 million, down from the initial $53.2 million. The company used cash on hand for the acquisition and plans to pursue commercial mortgage financing for the site. Additionally, Bit Digital Inc. entered into an agreement with Duke Energy to secure electric power for the property, aiming for a supply of up to 99 MW within four years.
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