WhiteFiber Acquires North Carolina Site for AI Data Center

WhiteFiber Acquires North Carolina Site for AI Data Center

WhiteFiber, a subsidiary of Bit Digital, has acquired a 96-acre property in North Carolina to develop a high-performance computing data center campus.

WhiteFiber, a subsidiary of Bit Digital, has completed the acquisition of a 96-acre industrial property in Madison, North Carolina, as announced in a press release. The site will be transformed into a high-performance computing (HPC) data center campus, with plans to support up to 200 megawatts (MW) of capacity.

The facility, strategically located in North Carolina's Piedmont Triad, will initially receive 24 MW of power by September 2025, with the first phase expected to be operational by the end of the year. The company has secured a capacity agreement with Duke Energy for 99 MW, with potential expansion to 200 MW, subject to further agreements.

WhiteFiber is actively negotiating with potential tenants for the data center and has already signed a non-binding letter of intent with one client. The project, which involves a $45 million purchase funded by cash reserves, is eligible for certain tax exemptions in North Carolina. The development is expected to create over 60 jobs and represents a significant investment in the region's economy.

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