RETRANSMISSION: Bitzero Receives All Long-Lead High-Voltage Equipment for Its Flagship Norway Data Center and Provides Recap in Shareholder Letter from Founder & CEO
Key Highlights
- ➤Two 60 MVA transformers arrived in Norway, completing high-voltage equipment delivery
- ➤Namsskogan expansion targets up to 110 MW, including 40 MW already energized
- ➤Bitzero engaged Barchart for US$120,000, 90-day investor-relations campaign
- ➤Bitzero targets near-term definitive leases to convert infrastructure progress into recurring revenue
- ➤Bitzero says it carries no material debt obligations or asset liens
Expert Statements
Mohammed Bakhashwain, Founder, Chair and Chief Executive Officer of Bitzero Holdings Inc.
“For Bitzero, this milestone is the result of years of planning and early investment in critical infrastructure. For shareholders, it is significant tangible progress toward energization and the commercial development of the Namsskogan Site.”
Mohammed Bakhashwain, Founder, Chair and Chief Executive Officer of Bitzero Holdings Inc.
“I would not treat any single forecast as guaranteed.”
Mohammed Bakhashwain, Founder, Chair and Chief Executive Officer of Bitzero Holdings Inc.
“Our value sits in what we own, not in what we owe.”
Mohammed Bakhashwain, Founder, Chair and Chief Executive Officer of Bitzero Holdings Inc.
“Our focus is on converting that position into signed definitive leases in the near term while ensuring we create long-term shareholder value by bringing infrastructure into service on sound commercial terms.”
Arrival of two 60 MVA transformers completes the high-voltage long-lead package to expand the site to up to 110 MW of total capacity, including 40 MW already energized
Vancouver, British Columbia--(Newsfile Corp. - November 10, 2026) - Bitzero Holdings Inc. (NASDAQ: AIBZ) (CSE: AIBZ.U) (FSE: 000) ("Bitzero" or the "Company") today issued the following shareholder letter from Founder, Chair and Chief Executive Officer Mohammed Bakhashwain.
Get started
Create a free account to read the full story.