Bit Digital entered into a $100 million delayed draw term loan facility with Enovum NC-1 Venture, LLC, a subsidiary of WhiteFiber, Inc. The facility size may be increased to $150 million upon mutual agreement. The loan is intended to fund general corporate purposes, including the buildout of the NC-1 high-performance computing data center in North Carolina. Bit Digital funded the initial $50 million draw by utilizing a separate $100 million Master Digital Currency Loan Agreement with Galaxy Digital LLC. The term loan carries an interest rate of 9.5% per annum, which steps down to 8% upon the substantial completion of the 40MW NC-1 Phase I buildout and 80% capacity leasing. B. Riley Securities, Inc. was assigned a $20 million portion of an advance under the term loan.