Business
Bitzero Holdings Inc. Accelerates 70MW Power Expansion Plans at Norway Site and Announces FSE Listing
Bitzero Holdings Inc., (CSE: BITZ) (FSE: 000) ("Bitzero" or the "Company") the company redefining sustainable Blockchain and High-Performance Compute (HPC) data centers, announces that the next phase of its previously disclosed expansion program is underway at the Company's flagship data center site in Namsskogan, Norway. This expansion phase contemplates an additional 70 MW of installed capacity, which, if completed as planned, is expected to increase total site capacity to approximately 110 MW
About this update from Bitzero Holdings Inc.
[{"type":"text","content":"Phase I of Expansion Project is Anticipated to Nearly Triple Capacity from 40MW to 110MW","length":88,"tagName":"p","attribs":{}},{"type":"text","content":"VANCOUVER, BC, Dec. 9, 2025 /PRNewswire/ -- Bitzero Holdings Inc., (CSE: BITZ) (FSE: 000) ("Bitzero" or the "Company") the company redefining sustainable Blockchain and High-Performance Compute (HPC) data centers, announces that the next phase of its previously disclosed expansion program is underway at the Company's flagship data center site in Namsskogan, Norway. This expansion phase contemplates an additional 70 MW of installed capacity, which, if completed as planned, is expected to increase total site capacity to approximately 110 MW by September 2026, supplied entirely by hydro‑electric energy and nearly tripling the site's power consumption.","length":689,"tagName":"p"},{"type":"image","alt":"Bitzero (PRNewsfoto/Bitzero)","displaySize":"","headline":null,"caption":"Bitzero (PRNewsfoto/Bitzero)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":94,"url":"https://media.zenfs.com/en/cnwgroup.com/d5d101ccc4bec766608ba83939d45725"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ttI9v5xAgjKU00SG.wb4jQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE2NjtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/d5d101ccc4bec766608ba83939d45725","width":400,"height":94}},"href":"https://mma.prnewswire.com/media/2699353/Bitzero_blockchain_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Power Expansion","length":15,"tagName":"p"},{"type":"text","content":"As part of the project, Bitzero plans to expand and operate an internal grid at the 132 kV level to enhance operational autonomy. The increased capacity is also expected to grow the site's exahash to approximately 7.0 EH/s, a significant step towards bringing Bitzero in line with some of the largest public miners in the industry. Simultaneously, it will significantly cut Bitzero's mining cost per Bitcoin, further reducing its already low breakeven point and boosting revenue by 3-4X, based on management's internal projections, however, actual outcomes will depend on a range of factors, including network difficulty, equipment performance, power availability and cost. The Company has ordered two high‑voltage 60MVA substations, commenced...