Bit Digital Subsidiary WhiteFiber Submits S-1 Statement for Proposed IPO

Bit Digital's wholly-owned subsidiary, WhiteFiber, has filed an S-1 statement with the U.S. Securities and Exchange Commission (SEC) regarding a proposed initial public offering (IPO) of WhiteFiber common stock. Previously, Bit Digital focused on Ethereum native vaults and staking strategies, and began accumulating and staking $ETH in 2022, primarily operating Ethereum staking infrastructure. [Foresight News]