Core Viewpoint - WhiteFiber, a cloud data center operator spun off from BitDigital, announced its IPO details, aiming to raise $125 million with a market cap of $558 million at the midpoint of its share price range [1] Group 1: IPO Details - WhiteFiber plans to issue 7.8 million shares at a price range of $15 to $17 per share [1] - The company expects to complete the pricing during the week of August 4, 2025 [1] - B.Riley Securities, Needham & Co., and Macquarie Capital are serving as joint bookrunners for the IPO [1] Group 2: Company Background and Operations - WhiteFiber is headquartered in New York and positions itself as a leading provider of AI infrastructure solutions [1] - The company operates high-performance computing (HPC) data centers that utilize NVIDIA GPUs for cloud services [1] - WhiteFiber expanded its operations by acquiring Canadian company Enovum for CAD 63 million last year and is planning to build a data center in North Carolina [1] Group 3: Financial Performance - For the 12 months ending March 31, 2025, WhiteFiber is projected to achieve revenue of $56 million [1]