WhiteFiber Proposes $250M Convertible Senior Notes to Fund Data Center Expansion

WhiteFiber, the AI infrastructure and high-performance computing provider, said on August 18, 2026 that it intends to raise $250 million through a private placement of convertible senior notes due 2032, with the bulk of the money earmarked for building out new data center campuses. The company is also granting initial purchasers an option for up to $37.5 million in additional notes, which would take the total raise to $287.5 million. According to the company’s announcement, the notes will be…

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