WhiteFiber signs 10-year, 40 MW colocation deal with Nscale valued at about $865 million

2025-12-18 23:22:28

Source: CryptoNewsNet Original Title: WhiteFiber signs 10-year, 40 MW colocation deal with Nscale valued at about $865 million Original Link: WhiteFiber (WYFI), a Nasdaq-listed data center and colocation provider focused on AI and high-performance computing, announced that its Enovum Data Centers subsidiary has signed a long-term colocation agreement with Nscale Global Holdings, an AI infrastructure and cloud services provider.

The shares rose 13% in after-hours trading to $16.19 following the announcement.

The agreement covers 40 megawatts (MW) of critical IT load at WhiteFiber’s NC-1 data center campus in Madison, North Carolina, with deployment planned in two 20-MW phases.

The deal represents approximately $865 million in contracted revenue over an initial 10-year term, including annual rate escalators and non-recurring installation services, but excluding electricity and certain other pass-through costs.

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