WhiteFiber Files Full $60M Data Center Property Purchase Agreement
WYFI sits 92% above its 52-week low of $10.51.
Summary
WhiteFiber filed the full purchase agreement for its $60M acquisition of two North Carolina data center properties, revealing inspection timelines, earnout terms, and a seller leaseback.
Key Events · M&A and Partnerships · WYFI
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Full Purchase Agreement Filed
Exhibit 10.1 contains the complete Real Estate Purchase and Sale Agreement dated August 16, 2026, for the $60M acquisition of two North Carolina industrial properties by WhiteFiber's subsidiary Enovum Data Centers Corp.
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Earnest Money and Inspection Terms
Buyer must deposit $2.25M within two business days; inspection period runs through September 15, 2026, with a 30-day extension option that makes $1M of the deposit non-refundable.
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Closing Timeline
Closing occurs 45 days after the inspection period expires, subject to subdivision approvals, power supply confirmation, and other conditions.
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Earnout for Additional Power
Seller can receive up to $8M per parcel if 69 MW of additional power is secured within two years, declining to $1M if achieved between years four and six; partial capacity payments of $94,117.60 per MW also apply.
Analysis · WYFI · Crypto Assets
The amendment attaches the complete Real Estate Purchase and Sale Agreement for the two North Carolina data center sites announced August 17. Newly disclosed terms include a $2.25M earnest money deposit, a September 15 inspection deadline, closing 45 days after inspection, and earnout payments of up to $8M per parcel if additional power capacity is secured. The deal is structured with a leaseback to the seller and a right of first offer on retained property, giving WhiteFiber a path to expand its AI infrastructure footprint while managing cash outlay.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 29.9% of the 1591 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.24%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, WYFI was trading at $20.14 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $792.5M. The 52-week trading range was $10.51 to $46.87. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.