<div id="readability-page-1"><div>** Shares of AI infrastructure company WhiteFiber rise 23.22% to $17.62 in premarket trading** Co late Thursday announced a 10-year, $865 million co-location agreement with cloud services provider Nscale ** The agreement secures the first 40 megawatt delivery of IT load at WhiteFiber's flagship NC-1 data center campus in Madison, North Carolina ** WhiteFiber was spun-out from crypto firm Bit Digital and went public in August after a $159.4 million IPO; BTBT still holds a majority stake of 70.7%** 8 of 9 brokerages rate the stock &#34;buy&#34;, 1 &#34;strong buy&#34;; median PT is $37 — data compiled by LSEG** WYFI down 15.9% since its IPO on Aug. 7</div></div>

WYFI

WhiteFiber's shares surged 23.22% in premarket trading after announcing a 10-year, $865 million co-location agreement with Nscale. This deal involves the first 40 megawatt delivery at WhiteFiber's NC-1 data center in North Carolina. WhiteFiber, spun out from Bit Digital, went public in August with a $159.4 million IPO. Despite a 15.9% drop since its IPO, 8 out of 9 brokerages rate the stock as "buy" with a median price target of $37.

WhiteFiber surges on securing $865 mln data center deal