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WhiteFiber Priced, Nasdaq: WYFI

Carve-out of Bit Digital that operates data centers to provide cloud services.

Industry: Technology

Latest Trade: $23.70 +2.75 (+13.1%)

First Day Return: -4.6%

Return from IPO: +23.2%

We believe we are a leading provider of artificial intelligence (“AI”) infrastructure solutions. We own high-performance computing (“HPC”) data centers and provide cloud-based HPC graphics processing units (“GPU”) services, which we term cloud services, for customers such as AI application and machine learning (“ML”) developers (the “HPC Business”). Our Tier-3 data centers provide hosting and colocation services. Our cloud services support generative AI workstreams, especially training and inference. In connection with this offering, we are being carved out of Bit Digital, Inc. and will operate as a separate public company upon the completion of this offering. In addition to providing highly desirable data center hosting capacity to our customers, our business model integrates WhiteFiber data center infrastructure and WhiteFiber cloud services to provide scalable, high-performance computing solutions for enterprises, research institutions, and AI and ML driven businesses. Our integrated approach aligns specialized data center operations with GPU-focused cloud services, addressing the unique requirements of AI and ML workloads. As of June 30, 2025, the Company had approximately 4,500 NVIDIA GPUs deployed, with approximately 4,000 GPUs under contract.
IPO Data
IPO Date 08/06/2025
Offer Price $17.00
Price Range $15.00 - $17.00
Offer Shares (mm) 9.4
Deal Size ($mm) $159
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
B. Riley Securities
Needham & Co.
more
Company Data
Headquarters New York, NY, United States
Founded 2023
Employees at IPO 39
Website www.whitefiber.com

WhiteFiber (WYFI) Performance

Created with Highcharts 10.3.2Chart context menuWYFI vs. IPO Index (IPOUSA)Aug 6Aug 8Aug 12Aug 14Aug 18Aug 20Aug 22Aug 26Aug 28Sep 3Sep 5Sep 9Sep 11Sep 15Sep 170%-25%+ 25%+ 50%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexWYFIOur ETF tracks the IPO Index