WhiteFiber's Subsidiary Enovum Secures $43.9M Credit Facility with RBC for Quebec Data Center Refinancing

Reuters

Jun 25

WhiteFiber's Subsidiary Enovum Secures $43.9M Credit Facility with RBC for Quebec Data Center Refinancing

Bit Digital Inc.'s wholly-owned subsidiary, WhiteFiber Inc., through its Canadian subsidiaries, has entered into a significant credit agreement with the Royal Bank of Canada. This agreement provides financing totaling approximately USD $43.9 million, primarily aimed at refinancing the buildout of WhiteFiber's Tier-3 AI data center in Pointe-Claire, Quebec. The financing package includes a USD $18.5 million non-revolving lease facility for equipment costs and improvements, alongside a USD $19.6 million non-revolving real estate term loan to refinance the purchase of the data center. The facilities are structured to support WhiteFiber's expansion without recourse to the parent company, Bit Digital.

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: 0001213900-25-057420), on June 25, 2025, and is solely responsible for the information contained therein.

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