WhiteFiber (WYFI) is trading 6.3% up at $47.60 in after-hours trading, extending a sharp multi-day rally. The surge is primarily driven by:

  • A $100 million delayed-draw term loan facility, expandable to $150 million, from majority owner Bit Digital to fund AI and high-performance computing (HPC) growth.
  • The financing is specifically targeted at the buildout of AI/HPC data centers, including the NC-1 site in North Carolina.
  • The stock has rallied significantly from $24.70 on June 12 to a close of $44.77 on June 22, reflecting investor confidence in the AI infrastructure expansion.