Bit Digital Seeks to Ease Overhang as AI Spin-Off WhiteFiber Lock-Up Expires
Bit Digital (NASDAQ: BTBT) said it does not plan to sell any of its WhiteFiber shares in 2026 as its post-IPO lock-up period expires next week, reaffirming its long-term commitment to the AI infrastructure spin-off.
In a statement released Wednesday, Bit Digital said it will not dispose of any WhiteFiber shares through secondary offerings or other discretionary sales during 2026 after the lock-up expires on Feb. 2. The Ethereum staker and former bitcoin miner currently owns about 27 million shares of WhiteFiber following the fiber-network operator’s initial public offering in August 2025.
Bit Digital added that while it may engage in limited treasury or risk-management activities, including derivative transactions, such actions would be aimed at maintaining its long-term ownership position and would not represent a monetization of its WhiteFiber stake.
WhiteFiber went public in August 2025 and saw sharp volatility in the months following its debut. Shares climbed steadily through September before rallying to nearly $40 in October. The stock subsequently retraced much of those gains, falling into the high-teens by mid-December amid broader weakness in AI- and infrastructure-linked equities.
Since then, WhiteFiber shares have staged a modest recovery. The stock closed at $22.16 on Wednesday, up about 2.6% on the day but still down roughly 11% over the past year.
