Bit Digital’s AI Subsidiary WhiteFiber Launches IPO Under Ticker WYFI
WhiteFiber, the high-performance computing and artificial intelligence arm of Nasdaq-listed Bit Digital (BTBT), has commenced its initial public offering under the ticker symbol WYFI. The move spotlights Bit Digital's strategic expansion beyond Bitcoin mining into AI infrastructure development.
Corporate filings reveal WhiteFiber's IPO represents a significant milestone for Bit Digital's diversification strategy. The subsidiary specializes in providing computational resources for AI training and inference workloads, positioning itself at the intersection of two transformative technologies: blockchain and artificial intelligence.