WhiteFiber Raises $159.4M in NASDAQ IPO, Shows No Impact on Crypto Markets

Tech company WhiteFiber has successfully launched its IPO on the NASDAQ, raising a remarkable $159.4 million. The stock opened at $25 and closed the day at $15.30, reflecting significant investor interest despite experiencing fluctuations throughout the trading session. Notably, there’s no discernible impact on crypto markets or tokens stemming from WhiteFiber’s operations, which are distinct from their parent company Bit Digital.