Bit Digital, Inc. (NASDAQ: BTBT) secured the rights to a new data center at Saint-Jérôme, Québec for its previous announced 5 megawatt colocation agreement with generative AI infrastructure company, Cerebras Systems.
Bit Digital’s high-performance computing platform, WhiteFiber, is delivering this project. Additionally, the developer is retrofitting the facility to Tier 3 standards, with costs expected to total CAD$55 million. The company indicated a go-live date of July 2025 on Friday.
The facility covers approximately 202,000 square feet on 7.7 acres and supports current contracted capacity. It also allows future expansion, pending utility approvals. The parties executed the transaction under a lease-to-own structure with a fixed-price purchase option exercisable within 12 months. In addition, the lease runs for 20 years and includes two 5-year extension options.
Colocation is a service where companies rent space in third-party data centers to house their servers and equipment. This setup provides reliable power, cooling, and security without the cost of building infrastructure.
Furthermore, bitcoin mining companies are turning to colocation to reduce capital expenses, scale quickly, and access stable energy sources. It also helps them remain agile and competitive in an increasingly cost-sensitive mining environment.
“Speed to market is a key differentiator in the AI infrastructure space, and this site reflects our ability to mobilize and deliver capacity on accelerated timelines,” said Sam Tabar, CEO of Bit Digital.
“We’re proud to advance our partnership with Cerebras while expanding our data center footprint in the greater Montréal region, a growing hub for AI innovation.”
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WhiteFiber hosts multiple colocation services in Canada
Bit Digital operates Bitcoin mining facilities across the United States, Canada, and Iceland.
The company also runs a colocation data center unit called Enovum and launched WhiteFiber in 2024.
Now WhiteFiber hosts its GPU cloud platform with Enovum Data Centers in Canada. Furthermore, in March, Bit Digital and WhiteFiber announced a partnership to host Cerebras in Montreal. This move also followed Cerebras’ announcement of its own expansion into six new locations across North America and Europe.
Enovum launched its first Montreal data center, known as MTL1, in 2021. The facility offers 24 megawatts of IT capacity and spans 6,500 square meters.
Furthermore, in December, the company acquired a second facility, MTL2, for CAD$33.5 million. The site provides 5 megawatts of capacity and covers 14,865 square meters. It features direct-to-chip liquid cooling and supports peak rack densities up to 150 kilowatts. Previously used as an encapsulation manufacturing facility, MTL2 is scheduled to go live in mid-2025.
Meanwhile, this development comes shortly after WhiteFiber’s partnership with GPU cloud marketplace Shadeform for on-demand access to NVIDIA B200 GPUs.
The collaboration merges WhiteFiber’s AI/ML-optimized GPU cloud with Shadeform’s multi-cloud management and marketplace, providing high-performance AI infrastructure to users in over 100 regions. This move aims to lower barriers for startups and developers by eliminating high upfront costs and long-term commitments.
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