Production / Operations
Bitzero Expands Nordic Development Portfolio with Land Reservation Agreement for New Finland Site

AIBZ · Price
Executive Summary
- Bitzero Holdings has secured a six-month reservation for approximately 33 hectares of industrial land in Finland to expand its Nordic HPC and AI data center development pipeline.
- The initial phase of the site is expected to support up to 60MW of capacity, leveraging an existing 110kV transmission line powered by renewable energy sources.
- The Company also engaged Think Ink for a two-week investor awareness and digital marketing campaign, with aggregate cash compensation of US$246,500.
Key Details
- Land Reservation: Approximately 33 hectares of industrial land secured in Finland via a reservation agreement with a local municipality.
- Reservation Term: Six months, during which Bitzero will advance engineering work, electrical connections, and identify long-lead infrastructure items.
- Planned Capacity: Initial phase expected to support up to 60MW of data center/HPC capacity.
- Power Infrastructure: Site benefits from a 110kV transmission line running through the property, fed by renewable and green energy sources, aligning with the Company's low-carbon strategy.
- Definitive Agreement: Terms and conditions for any future acquisition or lease will be disclosed in a subsequent release once finalized.
- IR & Marketing Engagement: Engaged Think Ink Marketing Data and Email Services Inc. to provide investor relations, digital marketing, media distribution, social media, influencer programs, and email/newsletter distribution.
- Campaign Timeline: Two-week investor awareness campaign scheduled for June and July 2026.
- Compensation: Aggregate cash payment of US$246,500 to Think Ink; arm's-length transaction with no securities issuable.
- Company Footprint: Bitzero currently owns four data center locations across North America and the Nordic regions, all powered by clean, low-carbon energy.
Notable Quotes
- Mohammed Bakhashwain, Founder & CEO: "Securing this reservation in Finland is another practical step in the continued expansion of our power pipeline... While this is an early-stage milestone, it reflects our disciplined approach to land development and our broader vision of building Bitzero into a leading infrastructure and power platform for HPC and data center customers over the coming years. During the reservation period, we intend to work closely with our local ecosystem to further advance the engineering, power, and development planning for the site."