Bit Digital shares rose after the digital asset platform's WhiteFiber unit filed for an initial public offering. Shares rose 6.6% to $3.51 Wednesday. The stock has been up 19.3% this year.

Cantor Equity Partners 1 plans a massive Bitcoin deal with Blockstream CEO Adam Back, positioning BSTR Holdings as a major player.

Bit Digital’s (BTBT) wholly-owned HPC subsidiary WhiteFiber has filed a registration statement with the SEC related to the proposed initial public offering of its ordinary shares.