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Bit Digital, Inc. Announces Strategic Rebranding of its HPC Business to WhiteFiber
NEW YORK, Feb. 6, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company") announced today that it has officially rebranded its
About this update from Bit Digital, Inc.
[{"type":"text","content":"NEW YORK, Feb. 6, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (\"Bit Digital\" or the \"Company\") announced today that it has officially rebranded its HPC business as WhiteFiber, Inc. (\"WhiteFiber\"). WhiteFiber encompasses the Company's GPU Cloud business and its HPC data center business, Enovum Data Centers (\"Enovum\"). The new WhiteFiber website can be found at www.whitefiber.com.\n\n \n \n \n \n \n \n\n \nSam Tabar, CEO of Bit Digital, commented: \"Rebranding our HPC business to WhiteFiber is an important step in establishing a distinct identity for this transformative venture. WhiteFiber represents the convergence of cutting-edge technology and seamless connectivity, underscoring our commitment to delivering vertically integrated HPC solutions. By combining data center colocation with GPU cloud services, we provide the high-performance infrastructure required for the most demanding AI workloads. With this rebrand, we signal to our customers, partners, and investors that we are focused on building a platform of unmatched reliability, efficiency, and innovation. Our WhiteFiber business is currently servicing more than 20 customers compared to just 1 at the start of 2024. We look forward to expanding both our customer base and existing partnerships through industry-leading performance and reliability.\"\nThis rebranding underscores Bit Digital's commitment to addressing the surging demand for data centers and sustainable, cutting-edge HPC and AI cloud infrastructure. WhiteFiber's platform is engineered to support the most demanding workloads with unparalleled performance, reliability, and efficiency, empowering industries to meet the challenges of tomorrow. The Company's bitcoin mining and ETH staking businesses will continue to operate under the Bit Digital brand.\nAbout Bit Digital\nBit Digital, Inc. is a global platform for high-performance computing (\"HPC\") infrastructure and digital asset production headquartered in New York City. Our operations are located in the US, Canada, and Iceland. For additional information, please contact [email protected] or visit our website at www.bit-digital.com.\nInvestor Notice\nInvesting in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under...