Vancouver & Singapore, 5 May 2026 – OneQode and Bitzero Holdings Inc. (CSE: BITZ.U) have signed a binding letter for a 15-year lease covering 110MW of capacity at Bitzero’s Norway data centre site, supporting a large-scale GPU deployment for high-performance AI workloads.
The site sits in Norway’s NO4 region – one of Europe’s most cost-efficient and sustainable power markets – and is powered by hydroelectric energy. OneQode plans a phased rollout across the full 110MW, with initial commissioning targeted for the first half of 2027.
For OneQode, this is a flagship entry into Europe at scale, and a natural extension of an infrastructure footprint that already spans more than 30 datacentres across five continents. The site is expected to support enterprise AI, large-scale training and inference, and sovereign AI workloads.
What the partners are saying
“This letter with OneQode marks a pivotal milestone for Bitzero,” said Mohammed Bakhashwain, Founder and CEO of Bitzero. “A lease with OneQode would represent exactly the kind of large-scale, high-performance customer demand we intended the site to support. Selecting OneQode as both our strategic partner and prospective tenant would enable vertical integration by linking telecommunications with a high-performance computing platform.”
“This is a major step forward for OneQode’s AI infrastructure roadmap,” said Matthew Shearing, Founder and CEO of OneQode. “The AI market is moving quickly, but the bottleneck is no longer just access to GPUs. It is access to power, network, cooling, land, deployment capability, and the operational model needed to bring large-scale AI infrastructure online in the right locations. Bitzero has done the hard work of developing a world-class site in Norway with the fundamentals required for this type of deployment, and we’re thrilled to be working with them.”
About Bitzero
Bitzero Holdings Inc. is a provider of IT energy infrastructure and high-efficiency power for data centers, focused on data center development, high-performance compute, and strategic hosting partnerships. Bitzero operates four data centre locations across North America and Scandinavia, powered by clean, low-carbon energy. Learn more at bitzero.com.
About OneQode
OneQode is a global provider of performance digital infrastructure. With a vertically-integrated platform that spans cloud compute, low-latency networking and sovereign technology across over 30 datacentres in 5 continents, they enable enterprises, governments and performance-hungry businesses to run AI & mission-critical workloads at scale, across the globe. Learn more at oneqode.com.
