Northwire Canada EditionSunday, July 26, 2026
Northwire
B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%

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Original News Release

Bitzero begins phase I development in Finland

Mr. Mohammed Bakhashwain reports BITZERO HOLDINGS INC. BREAKS GROUND ON PHASE I DEVELOPMENT AT GIGA-SCALE FINLAND SITE Bitzero Holdings Inc. has begun phase I development at its nearly 100-hectare data centre site in Kokemaki, Finland. Fifteen hectares of the site have been acquired with the remaining under option for future expansion. Once on line, the phase I infrastructure will provide Bitzero with access to the initial power load required to carry out operations. With a total planned capacity of one gigawatt, the Kokemaki site is on track to be one of the largest standalone giga-scale facilities in Europe, powered entirely by a diversified mix of hydroelectric, nuclear, solar and wind energy. "This site provides the space and power capacity we need to achieve our aggressive growth plans and deliver green compute power at scale, including the ability to host large, hyperscale AI, cloud and bitcoin workloads," said Bitzero's president and chief executive officer, Mohammed Bakhashwain. The Finland site, first acquired in January, 2025, is poised to be Bitzero's single largest data centre campus. It leverages the cold-weather climate to enhance efficiency through lower operating temperatures, reduced cooling demand and lower energy consumption. "Unlike most competitors, Bitzero's asset-first model is a rare competitive advantage that drives efficiency and scalability, backed by real assets and resources," said high-profile Bitzero investor and world-renowned venture capitalist Kevin O'Leary. "Because they own the infrastructure and aren't dependent on leases or oversaturated power grids, Bitzero is more agile, profitable and better positioned for long-term value." In addition to the Kokemaki site, Bitzero has secured three other data center locations in the Scandinavian and North American regions. About Bitzero Holdings Inc. Bitzero Holdings is a provider of IT energy infrastructure and high-efficiency power for data centres. The company focuses on data centre development, bitcoin mining and obtaining strategic data centre hosting partnerships. Bitzero Holdings now has four data centre locations in the North American and Scandinavian regions, powered by clean, low-carbon energy sources. We seek Safe Harbor.
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