WhiteFiber Acquires North Carolina Site for AI Data Center

June 03, 2025
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 Acquires North Carolina Site for AI Data Center

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.

We hope you enjoyed this article.

Consider subscribing to one of our newsletters like Silicon Brief or Daily AI Brief.

Also, consider following us on social media:

AI Chips & Datacenters AI Brief AI Brief (X)

More from: Data Centers

08/23
Meta Secures 100MW Solar Power for South Carolina AI Data Center
08/23
Meta Signs $10 Billion Cloud Deal with Google
08/22
Crusoe Aims for $10 Billion Valuation with New Funding Round
08/22
BAE Systems Boosts Chip Production with CHIPS Act Support
08/22
Blackstone Expands Financing for Aligned Data Centers to Over $1 Billion

Subscribe to Silicon Brief

Weekly coverage of AI hardware developments including chips, GPUs, cloud platforms, and data center technology.

AI Token Webinar

Whitepaper

Governing the Future: A Strategic Framework for AI Adoption in Financial Institutions

This whitepaper explores the transformative impact of artificial intelligence on the financial industry, focusing on the governance challenges and regulatory demands faced by banks. It provides a strategic framework for AI adoption, emphasizing the importance of a unified AI approach to streamline compliance and reduce operational costs. The document offers actionable insights and expert recommendations for banks with fewer than 2,000 employees to become leaders in compliant, customer-centric AI.

Read more

You May Also Like