Bitzero Holdings Inc. · CSE:AIBZ.U
Bitzero — Investor Presentation (November 2025)
21 slides from Bitzero's investor presentation, November 2025
Slide 1: Investor presentation
Investor presentation CSE: BITZ.U NOVEMBER 2025
Slide 2: Low-cost, high-performance data centres
Highly scalable with over 1GW of Available Growth Low-cost, Capacity across four sites high-performance Currently mining 40MW at a cost per Bitcoin of data centres $60,000 <$40,000 by Q4 2025 *Our Norway site 2
Slide 3: Company Overview
Company Overview is a provider of ESG focused IT energy infrastructure and sustainable power generation for data centres to support high performance compute and blockchain activities. The Company currently leverages its’ sustainable practices to drive revenue- Bitzero Holdings Inc. generating Bitcoi
Slide 4: Growth Strategy
Growth Strategy Bitzero will continue to grow it’s current operations through a 3-pronged approach: Purchase new Expand our Acquire new mining equipment current capacity sites In parallel, the Company is working to identify new datacentres for acquisition as well as in an advisory capacity for the p
Slide 5: Investment Highlights
Significant growth capacity with sites in Currently Mining at <US$0.05 PER KwH, Investment Norway, Finland, and among the lowest North Dakota, US. across all bitcoin Highlights. miners. 1 The team posses Strong shareholder Clean and technical and base, including sustainable energy operational expert
Slide 6: History of Bitzero
History of Bitzero 2021 2022 2024 2024 2025 2025 December December August December January First BTC mined Nekoma Pyramid, Røyrvik lease 40MW Online Acquisition of ND acquired takeover Finland site ND MW $ July 2025 July-Aug 2021 $25 Million Debt Amount Raised: ~$1.2 Million Financing August 2025 Oc
Slide 7: Industry Adoption
Industry Adoption Election Results Outdated Equipment The anticipated adoption by the Federal According to our estimates, >50% of the Reserve has fueled renewed interest in market continues to rely on outdated the cryptocurrency industry, with both mining equipment, posing potential domestic and int
Slide 8: Assets Overview
Assets Bitzero now has four data centre locations in the North American and Overview Scandinavian regions with our most recently acquired site in Finland. Our primary Norway site in Namsskogan currently houses our revenue-generating self-mining operations. Namsskogan, North Røyrvik, Finland Norway D
Slide 9: First Norway Site
First Norway Site 40MW ACTIVE 325MW CAPACITY Power & Performance Our Norway site is powered by 100% Hydro Energy, underscoring our dedication to environmental sustainability and renewable energy. Equipment 1.8 EH/S <USD$0.05 ~16,000 Miners 38 Hash Rate 1 COST PER KwH Purchased Containers 110MW Expan
Slide 10: North Dakota
North Dakota 30MW AVAILABLE 300MW CAPACITY Power & Performance Our 184 acre North Dakota site benefits from a diversified energy mix including wind, natural gas, and grid sources, ensuring reliability and efficiency. Security The Stanley R. Mickelsen Safeguard Complex (a.k.a. Nekoma Pyramid) was the
Slide 11: Second Norway Site
Second Norway Site 5MW AVAILABLE 20MW CAPACITY Power & Performance Location Our second site in Norway is This leased site is strategically also fully powered by hydro located near high-voltage energy, further emphasizing our infrastructure and benefits from commitment to renewable energy Norway’s co
Slide 12: Finland
Finland 10MW AVAILABLE 1GW CAPACITY Power & Performance Location Our new Finland site is driven The site is near the port city of by a diversified energy mix that Pori and sits on a total potential primarily includes hydro and plot size of nearly 1 million square nuclear, with additional support met
Slide 13: Target Growth Plan – Namsskogan
Target Growth Plan – Namsskogan • Construction has begun on Phase 1 of our two-phase expansion at the flagship Norway site, adding 70MW and scheduled for completion by September 2026. Phase 2 will add another 215MW, with completion expected by September 2027. • While our flagship site remains the pr
Slide 14: Data Centres Projections
Data Centres Projections 500M 393.3M REVENUES *Forward annualized run-rate 400M Assumes price per Bitcoin of $114,200 EBITDA 252.2M 300M 128.1.4M 200M 78.7M 41.8M 100M 32.7M 22.3M 14.1M 30-SEPT-25 31-JAN-26 30-SEPT-26 30-SEPT-27 CURRENT FUNDED 70MW 215MW 40MW EXPANSION EXPANSION Mining cost per Bitc
Slide 15: Comparable Analysis
Comparable Analysis In USD$ Millions BTC Mining & Treasury Strategy TEV/Revenue TEV/EBITDA Net Market EV/ Company TEV Debt/ Cap. EH/s CY24A CY25E CY26E CY24A CY25E CY26E EBITDA MARA Holdings, Inc. 6,913 9,453 14.4x 9.5x 7.4x 7.7x 8.5x 14.3x - 159.3x Riot Platforms, Inc. 7,311 7,863 20.9x 11.8x 9.5x
Slide 16: Management Team
Management Team Mohammed Giovanni Igor Frank Bakhashwain Gaudenzi Kostioutchenko Aadnevik Chief Executive Officer Head of Finance Chief Financial Officer CEO of Norway Subsidiary Entrepreneur who holds BA 16 years of experience in Igor’s areas of expertise center Hands-on operational and MA degrees
Slide 17: Board of Directors
Board of Directors Mohammed Giovanni Claudia Gilles Bakhashwain Gaudenzi Di Iorio Seguin Director Director Director Chairman Entrepreneur who holds BA 16 years of experience in A lawyer with a broad A securities & corporate and MA degrees in business investment banking at business law practice, havi
Slide 18: Capitalization Table
Capitalization Table Security Type Number of Securities Common Shares 49,752,913 Non-Voting Shares 2,312,243 Total Shares Outstanding 52,065,156 Options 1,018,033 RSUs 425,000 Warrants 3,295,156 Convertible Debentures 3,543,498 Total Other Securities 8,281,687 Fully Diluted Shares Outstanding 60,346
Slide 19: Media coverage
———— aed Q comer os om Bitzero Secures $25M to Boost Sustainable Crypto Mining — Kevin O'Leary's Support Helps Bitzero Raise $25M for Crypto Growth (OnPushing the Boundaries of Al e Important Mais ‘itera Secures $25Mitlonto Recolrat Blockchala Mining withNext- en Mining Deployment, 60000 Bitzero Mai
Slide 20: Disclaimer
DISCLAIMER The information contained in this presentation (this “Presentation”) has looking statements, include, but are not limited to, the assumption that: may not actually achieve its plans, projections, or expectations. been prepared by Bitzero Blockchain Inc. (“Bitzero” or “our”) in connection
Slide 21: Contact
@ Bitzero.com Mohammed Bakhashwain : investors@bitzero.com Email _ ae Contact
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