BIT Digital, Inc. has secured a contract for a lease of a 202,000-square-foot web site in Saint-Jerome, Quebec, and has developed a Tier 3 knowledge middle that helps a 5MW colocation contract with Celebras Techniques, a synthetic intelligence (AI) infrastructure firm.
Bit Digital Companion at Tier 3 Information Middle close to Celebras, Montreal
The publicly accessible Bitcoin Mining Entity Bit Digital (NASDAQ: BTBT) has been revealed that services to be made public by July 2025 will price roughly $55 million (US$40 million).
The 7.7-acre property, referred to as the MTL-3, presents contract capability underneath a 20-year lease, with two five-year extension choices first. Whitefiber, a subsidiary of BIT Digital, will oversee developments that embrace fixed-price buy choices that may be exercised inside 12 months.
Chunk Digital famous that Cerebras retains its preliminary veto of further capabilities on the positioning underneath the five-year colocation settlement introduced this February. This transformation displays a wider development as many mining firms are actually diversifying into high-performance computing (HPC) and synthetic intelligence ventures.
BIT Digital CEO Sam Tabar stated the mission is being coordinated, much like the mission that focuses on accelerating the deployment of AI infrastructure. “This milestone represents the continued momentum in our technique to offer devoted AI infrastructure at scale,” Tabar stated.
The corporate defined that the Montreal area has emerged as a hub for AI innovation, and that the power can be positioned to fulfill rising demand. Headquartered in New York, BIT Digital operates Bitcoin (BTC) mining operations and HPC infrastructure within the US, Canada and Iceland.