Bit Digital, Inc. shares rise 3.31% after-hours following WhiteFiber's proposed IPO filing.

Bit Digital, Inc. rose 3.31% in after-hours trading, with the company announcing that its wholly-owned HPC subsidiary, WhiteFiber Inc., has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to the proposed initial public offering of WhiteFiber's ordinary shares. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is subject to market and other conditions and the completion of the SEC's review process. WhiteFiber intends to list its ordinary shares on The Nasdaq Capital Market under the symbol 'WYFI'.