Mentioned:
AIBZ +16.12%

A Canadian data centre developer is making their Wall Street debut.

What’s happening:

  • Vancouver, British Columbia based high performance computing company Bitzero (NASDAQ: AIBZ) has successfully listed on the Nasdaq and begun trading

Why it matters:

  • Bitzero operates four data centres across the United States, Norway and Finland that are all powered by low carbon, clean energy mixes

Going deeper:

  • Bitzero has publicly stated they are planning to develop more than 1 gigawatt of combined potential power capacity across their existing data centre locations
  • Digital infrastructure company OneQode previously entered into a letter of intent with Bitzero for a 15 year lease at Bitzero’s Norway data centre for up to $2.6B USD

The intrigue:

  • Bitzero was initially formed as a Bitcoin mining company and currently still mines Bitcoin at one of their data centres located in Namsskogan, Norway