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![ETHdv Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::40972803.png) TimeTraveler [@ETHdv](/creator/twitter/ETHdv) on x 4095 followers
Created: 2025-07-18 13:42:58 UTC

Let’s talk the WhiteFiber IPO, which will be a major catalyst for $BTBT, as it unlocks WhiteFiber’s value independently.

Following its IPO, WhiteFiber (ticker: $WYFI) could command a valuation of 10-30x sales, a similar comp is CoreWeave, which debuted at 15x sales (and has since expanded to over 50x). With projected 2025 revenues of $100-150 million, WhiteFiber’s post-IPO valuation could realistically land in the $X to $XXX billion range.

Given that $BTBT will own ~80% of WhiteFiber, this translates to an incremental $XXX to $XXX billion in intrinsic value attributable to BTBT. When factoring in BTBT’s existing ~$420 million ETH treasury now, the total intrinsic re-value of BTBT will likely expand from its current ~1.2B market cap to potentially $X to $X billion (or more) immediately.


XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946204048236954032/c:line.svg)

**Related Topics**
[$wyfi](/topic/$wyfi)
[ticker](/topic/ticker)
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[ipo](/topic/ipo)
[bit digital](/topic/bit-digital)
[stocks bitcoin treasuries](/topic/stocks-bitcoin-treasuries)
[stocks crypto treasuries](/topic/stocks-crypto-treasuries)
[$crwv](/topic/$crwv)

[Post Link](https://x.com/ETHdv/status/1946204048236954032)

[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

ETHdv Avatar TimeTraveler @ETHdv on x 4095 followers Created: 2025-07-18 13:42:58 UTC

Let’s talk the WhiteFiber IPO, which will be a major catalyst for $BTBT, as it unlocks WhiteFiber’s value independently.

Following its IPO, WhiteFiber (ticker: $WYFI) could command a valuation of 10-30x sales, a similar comp is CoreWeave, which debuted at 15x sales (and has since expanded to over 50x). With projected 2025 revenues of $100-150 million, WhiteFiber’s post-IPO valuation could realistically land in the $X to $XXX billion range.

Given that $BTBT will own ~80% of WhiteFiber, this translates to an incremental $XXX to $XXX billion in intrinsic value attributable to BTBT. When factoring in BTBT’s existing ~$420 million ETH treasury now, the total intrinsic re-value of BTBT will likely expand from its current ~1.2B market cap to potentially $X to $X billion (or more) immediately.

XXXXX engagements

Engagements Line Chart

Related Topics $wyfi ticker $btbt ipo bit digital stocks bitcoin treasuries stocks crypto treasuries $crwv

Post Link

post/tweet::1946204048236954032
/post/tweet::1946204048236954032