WhiteFiber
WYFI on Nasdaq. WhiteFiber sells computing power from its data centers to AI developers. Market value $678m.
Price checks use the past 12 months to June 2026. Some use the latest annual report instead, as marked. Quality checks use five annual reports, the latest for the year to December 2025.
We can't read total debt from the filing, so debt is left out.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
Nothing stands out yet.
See Financial services stocks that passed both tests
This is not advice. Check the numbers below.
We don't have this figure for this company.
What you pay for each dollar of net assets: $2.00.
Profit per $100 you pay: $-6.58.
Quality score: not known. Price score: 25 of 100. Our list needs 70 on quality and 60 on price.
$17.33 a share, 65% above its 1-year low
Over the past year the price has ranged from $10.51 to $46.87.
Pays no dividend
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
| Revenue | |
| Revenue | $79m |
| Operating margin | |
| Operating margin | n/a |
| Debt to equity | |
| Debt to equity | n/a |
| Shares outstanding | |
| Shares outstanding | 0.04bn |
Health checks
- Free cash flow positiveDoesn't apply to banks and insurers
- Accounting checksDoesn't apply to banks and insurers
- DebtDoesn't apply to banks and insurers
- Revenue growth, five yearsUnknown
- Buying back its own sharesRoughly flat
The quarter to June 2026
How the business did, compared with the same quarter a year earlier.
- Sales: $29 million last quarter, up 55% on a year ago.
- A loss of $15 million, compared with a loss of $9 million a year ago.
- 43% more shares than a year ago. Each share owns a bit less of the company.
| Quarter to | Amount |
|---|---|
| June 2025 | $19m |
| September 2025 | $20m |
| December 2025 | $24m |
| March 2026 | $22m |
| June 2026 | $29m |
| Quarter to | Amount |
|---|---|
| June 2025 | -$9m |
| September 2025 | -$16m |
| December 2025 | -$2m |
| March 2026 | -$12m |
| June 2026 | -$15m |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 26 March 2026
- Next quarterly (estimated, 10-Q)
- 11 November 2026
Who owns it
1 long-term investor we follow owns it, up from 0 last quarter. 124 funds in all.
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| Polen CapitalDan Davidowitz | $1m | <0.1% | New |
Largest holders overall
- Situational Awareness LP$68m
- BlackRock$31mAdded
- Capital World Investors$28mNew
- Driehaus Capital Management$23mNew
- D. E. Shaw$16mNew
- Price T Rowe Associates$15mAdded
- Mirae Asset Global Etfs Holdings$15mAdded
- Susquehanna International Group, LLP$12mNew
- Geode Capital Management$12mAdded
- Millennium Management$12mCut
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
1 investor owns more than 5%.
- Bit Digital, Inc.59.9%−14.4 ptsSince 21 August 2026
What they said
Item 4 of the Original Schedule 13D is hereby amended by adding the following: On August 21, 2026, in connection with an offering by the Issuer of Convertible Senior Notes (the "Notes") issued pursuant to a purchase agreement with Barclays Capital Inc., as representative of the…
Read the filing
| Holder | Stake | Since | |
|---|---|---|---|
Bit Digital, Inc. | 59.9%−14.4 pts | 21 August 2026 | What they saidItem 4 of the Original Schedule 13D is hereby amended by adding the following: On August 21, 2026, in connection with an offering by the Issuer of Convertible Senior Notes (the "Notes") issued pursuant to a purchase agreement with Barclays Capital Inc., as representative of the… Read the filing |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
No insider bought shares on the open market in the last 12 months. 1 sold $212,617.
- Shih IchiDirectorSold
- Date
- 29 May 2026
- Shares
- 7,059
- Price
- $30.12
- Value
- $212,617
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 29 May 2026 | Shih Ichi Director | Sold | 7,059 | $30.12 | $212,617 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
What could go wrong
Cheap for a reason is the question the numbers cannot answer.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.