Core Insights - Bit Digital (BTBT) spun out its HPC/AI subsidiary, WhiteFiber (NASDAQ: WYFI), through an IPO at $17 per share in August [1] - WhiteFiber has recently released its first quarterly report as a standalone public entity [1] Company Overview - Bit Digital is involved in the cryptocurrency sector, particularly focusing on Bitcoin miners and related equities [1] - The company has transitioned its HPC/AI business into a separate entity, indicating a strategic move to enhance focus and potentially unlock value [1] Financial Performance - The quarterly report from WhiteFiber marks its initial financial disclosure as an independent company, which is crucial for assessing its market performance and growth trajectory [1]