WhiteFiber, a subsidiary of Bit Digital, has submitted an S-1 statement proposing an IPO

Foresight News reported that WhiteFiber, a wholly-owned subsidiary of Bit Digital, has submitted an S-1 statement to the US Securities and Exchange Commission (SEC) regarding the proposed initial public offering (IPO) of WhiteFiber's 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.