Bit Digital Inc. Completes $45M Acquisition of North Carolina Industrial Site for Data Center Expansion

Reuters

05-24

Bit Digital Inc. Completes $45M Acquisition of North Carolina Industrial Site for Data Center Expansion

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bit Digital Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-047369), on May 23, 2025, and is solely responsible for the information contained therein.

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Completes $45M Acquisition of North Carolina Industrial Site for Data Center Expansion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-24 04:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Bit Digital Inc. 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ID: 0001213900-25-047369), on May 23, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250523:nNDL5Qyq5G:1","article_id":"2537152455","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537152455","pubTimestamp":1748032854,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bit Digital Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on May 23, 2025, and is solely responsible for the information contained therein.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"Bit Digital Inc.完成对北卡罗来纳州工业基地的4500万美元收购，用于数据中心扩建","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BTBT":0.9,"DUK":0.9,"UFI":0.9},"content_text":"Bit Digital Inc. Completes $45M Acquisition of North Carolina Industrial Site for Data Center Expansion\n    \n\n        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.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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