Data Center · Datacenter Dynamics
OneQode signs 15-year 110MW lease at Bitzero data center in Norway
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Bitzero has secured a long-term customer at its data center in Norway.
Key facts
- The agreement will span 15 years and will provide Bitzero with approximately $2.6 billion in contracted revenue
- This is a major step forward for OneQode's AI infrastructure roadmap," said Matthew Shearing, founder and CEO of OneQode
- OneQode currently operates out of more than 30 data centers from which it offers cloud computing, low-latency networking, and sovereign technology
- The company is based in Vancouver and listed on the Canadian stock exchange in November 2025
Summary
The HPC data center and blockchain provider revealed that it had signed an agreement with OneQode - an AI cloud and network infrastructure provider - for 110MW of data center capacity at the site earlier this week. The agreement will span 15 years and will provide Bitzero with approximately $2.6 billion in contracted revenue. Capacity at the site will be rolled out in phases and will involve a large-scale GPU deployment for OneQode. "This letter with OneQode marks a pivotal milestone for Bitzero," said Mohammed Bakhashwain, founder and CEO of Bitzero.