WhiteFiber Raises $159.4 Million in Upsized US IPO

WhiteFiber Inc., an artificial intelligence infrastructure firm, raised $159.4 million in an initial public offering, pricing its shares at the top of a marketed range.

The subsidiary of crypto treasury firm Bit Digital Inc. sold 9.4 million shares Wednesday for $17 each after marketing them for $15 to $17, according to a statement confirming an earlier Bloomberg News report.