Community Articles

via The Block · By The Block Editorial

Bit Digital extends $100 million loan facility to WhiteFiber, backed by Ethereum credit line

ETH

ETH/USDT

$2,480.71

+1.25%

$2,480.71

+1.25%

(24s)

24h Volume

$4,505,504,989.98

24h H/L

$2,493.57 / $2,444.47

Change: $49.10 (2.01%)

Long/Short

59.8%

Long: 59.8%Short: 40.2%

Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,484.40

▲ 1.16%

Volume (24h): -

Resistance Levels

Resistance 3$2,855.08

Resistance 2$2,639.52

Resistance 1$2,516.30

Price$2,484.40

Support 1$2,448.56

Support 2$2,316.57

Support 3$2,190.00

Pivot (PP):$2,478.04

Trend:Uptrend

RSI (14):64.2

The Block Editorial

(08:35 AM UTC)

1 min read

Approved byMichael Roberts

0 comments

Bit Digital announced on Wednesday that it is extending a $100 million delayed-draw term loan facility to a subsidiary of its majority-owned WhiteFiber, a New York-based AI infrastructure and high-performance computing provider.

The facility, which can be expanded to $150 million upon mutual agreement, is designed to support WhiteFiber's near-term high-performance computing and AI…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

The Block Editorial · The Block

Read original →

Live ETH price →More ETH news →

Comments