WhiteFiber Secures Major Loan to Expand NC-1 Datacenter

WhiteFiber, Inc. ( (WYFI) ) has issued an update.

On May 20, 2026, WhiteFiber’s subsidiary Enovum NC-1 Venture, LLC entered into a delayed draw term loan facility of up to $100 million, potentially expandable to $150 million, with Bit Digital Capital, Inc., guaranteed by White Fiber Operating Partnership LP, to fund general corporate purposes including the first-phase buildout of its NC-1 high-performance computing data center in Madison, North Carolina and other growth initiatives. The loan, carrying a 9.5% interest rate that can step down to 8% once key buildout and leasing milestones at NC-1 are met, features a nine-month availability period with an optional three-month extension, is secured by equity in an NC-1 holding company, was deemed financially fair to both parties by independent advisers and approved by independent board committees, and saw $20 million of an advance assigned on May 26, 2026 to B. Riley Securities, Inc., signaling growing institutional support for WhiteFiber’s near-term expansion across data center and cloud businesses.

The most recent analyst rating on (WYFI) stock is a Buy with a $38.00 price target. To see the full list of analyst forecasts on WhiteFiber, Inc. stock, see the WYFI Stock Forecast page.

Spark’s Take on WYFI Stock

According to Spark, TipRanks’ AI Analyst, WYFI is a Neutral.

The score is primarily driven by mixed financial performance: strong revenue growth and capitalization are offset by a 2025 profitability reversal and very negative free cash flow. Technicals are a major positive with a clear uptrend and supportive momentum, while valuation is pressured by losses (negative P/E) and lack of dividend support. The recent $160M contract is a meaningful positive event that modestly improves the outlook.

To see Spark’s full report on WYFI stock, click here.

More about WhiteFiber, Inc.

WhiteFiber, Inc. is a provider of artificial intelligence infrastructure solutions, owning high-performance computing data centers and delivering cloud services to customers. The company operates a vertically integrated model that combines specialized colocation, hosting and cloud offerings designed to optimize performance, efficiency and margins for generative AI workloads.

Average Trading Volume: 1,267,620

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.17B

See more data about WYFI stock on TipRanks’ Stock Analysis page.