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Bitzero, OneQode sign binding letter for 110MW Norway AI data center lease

PUBT·05/05/2026 17:35:33
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Bitzero, OneQode sign binding letter for 110MW Norway AI data center lease
  • Bitzero signed binding letter with OneQode for 15-year lease covering 110MW at its Norway data center site to support large-scale GPU deployment for AI workloads.
  • Deal framework implies about USD 2.6 billion in total revenue over lease term, excluding escalation adjustments, power costs, phased deployment timing.
  • Initial commissioning targeted for first half of 2027, with capacity rollout planned in phases.
  • 110MW represents full initial power capacity at Bitzero Norway site in Namsskogan.
  • Definitive lease remains subject to due diligence, design specifications, approvals, credit support arrangements, final transaction documents.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BitZERO Blockchain Inc. published the original content used to generate this news brief on May 05, 2026, and is solely responsible for the information contained therein.