WhiteFiber Secures $159.4 Million in Nasdaq Debut IPO

In a successful debut on the Nasdaq Capital Market, WhiteFiber completed an IPO raising $159.4 million. The company offered nine million shares at $17 each, and now trades under the ticker WYFI. This move signifies growing investor interest in high-performance data centers, as exemplified by WhiteFiber’s ambitious expansion plans. 1 While the IPO has not yet triggered significant shifts in cryptocurrency markets, its impact on broader financial sectors is noteworthy.