Bit Digital (BTBT) announced that its wholly-owned HPC subsidiary, WhiteFiber, has confidentially submitted a draft registration statement on Form S-1 with the U.S. SEC relating to the proposed initial public offering of WhiteFiber’s ordinary shares. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is subject to market and other conditions and the completion of the SEC’s review process.
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