Bit Digital C$60M credit facility with RBC validates AI business model, analysts say

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  Posted by Two Blokes Jun 24 - Filed in Stock - 2 views
  
  Bit Digital Inc (NASDAQ:BTBT) has earned a repeat ‘Buy' rating from Noble Capital Research analysts after it announced its subsidiary WhiteFiber has secured a C$60 million credit facility with the Royal Bank of Canada (RBC).  The credit facility, which includes a real estate term loan, equipment financing and a revolving facility, supports the continued development of WhiteFiber's Tier-3 AI data centers.