BIT Digital, Inc. has secured a contract for a lease of a 202,000-square-foot website in Saint-Jerome, Quebec, and has developed a Tier 3 knowledge heart that helps a 5MW colocation contract with Celebras Methods, a man-made intelligence (AI) infrastructure firm.
Bit Digital Companion at Tier 3 Information Middle close to Celebras, Montreal
The publicly out there Bitcoin Mining Entity Bit Digital (NASDAQ: BTBT) has been revealed that amenities 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 below a 20-year lease, with two five-year extension choices first. Whitefiber, a subsidiary of BIT Digital, will oversee developments that embody fixed-price buy choices that may be exercised inside 12 months.
Chunk Digital famous that Cerebras retains its preliminary veto of extra capabilities on the positioning below the five-year colocation settlement introduced this February. This modification displays a wider development as many mining corporations at the moment are diversifying into high-performance computing (HPC) and synthetic intelligence ventures.
BIT Digital CEO Sam Tabar mentioned 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 supply devoted AI infrastructure at scale,” Tabar mentioned.
The corporate defined that the Montreal area has emerged as a hub for AI innovation, and that the power might 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.
