Aren't white fiber and BTBT linked

White Fiber Inc. is a subsidiary of Bit Digital, Inc. (BTBT), which means that White Fiber is part of the larger Bit Digital ecosystem. The relationship between White Fiber and BTBT is that of a parent company and its subsidiary. This linkage is important for understanding how White Fiber's activities and performance can impact BTBT's overall business and, consequently, its stock. 1. **Corporate Structure**: White Fiber Inc. is a wholly owned subsidiary of Bit Digital, Inc. This means that BTBT has complete ownership of White Fiber and has the power to direct its operations and decision-making. 2. **Business Synergy**: As a subsidiary, White Fiber operates within the digital asset and high-performance computing infrastructure space, which is also the core business of BTBT. This synergy between the two entities allows for shared resources, expertise, and market positioning. 3. **Financial Impact**: White Fiber's performance, including its revenue, expenses, and profitability, are reflected within BTBT's consolidated financial statements. This means that any successes or challenges faced by White Fiber can impact BTBT's overall financial health and, subsequently, its stock performance. 4. **Strategic Importance**: The IPO of White Fiber could be a strategic move by BTBT to unlock value from its subsidiary and potentially enhance its own market position. A successful IPO for White Fiber could lead to increased investor confidence in BTBT and positively influence its stock. 5. **Risk and Contingencies**: Conversely, if White Fiber faces challenges or controversies, they can also have a negative impact on BTBT's reputation and stock performance. The linkage means that investors in BTBT may also be exposed to risks associated with White Fiber's operations. In conclusion, White Fiber and BTBT are indeed linked through the corporate structure, with White Fiber being a subsidiary of BTBT. This relationship has implications for how White Fiber's performance and decisions can influence BTBT's overall business and stock. Investors in BTBT should consider the potential impacts of White Fiber's activities and outcomes when evaluating their investment in the company.