Bitzero Holdings Inc.

Snapshot

Bitzero runs Nordic and North American data centers for bitcoin mining and hosting. FY2025 revenue grew 15.7% to $26.5M, but the company lost money on every sale: gross margin was negative 42%, and the $17.6M net loss exceeds two-thirds of revenue.

What's Happening Right Now

• Tue 20th Oct '26 · Construction deal: Bitzero signed a project development agreement with Skanska as general contractor for its flagship Norway data center, alongside partner Vertiv; no financial terms or timeline were disclosed on Oct 20, 2026.
• Tue 15th Sep '26 · Warrants: Issued warrants over 5.83M shares.
• Mon 14th Sep '26 · Shelf filing: On Sep 14, 2026, Bitzero filed a final base shelf prospectus and an effective U.S. registration statement allowing it to issue up to $200M in shares, warrants, units or subscription receipts over 25 months, plus prospectus supplements covering 5.83M shares and 5.83M warrants from a July 2026 placement.
• Mon 14th Sep '26 · Registration: Registered $200.00M of securities for sale on Form F-10EF.
• Thu 10th Sep '26 · Restatement: Bitzero refiled its FY2025 annual and interim financial statements on Sep 10, 2026 after a BC Securities Commission review reclassified warrants as derivative liabilities; the working capital deficiency at Sep 30, 2025 widened to $14.07M from $6.35M, though net loss and cash were unchanged.
• Tue 1st Sep '26 · Debt repaid: On Sep 1, 2026, Bitzero announced it fully repaid its $25M debt facility and released associated liens, while advancing its Norway and Finland sites toward power readiness expected between Q4 2027 and Q1 2028.
• Tue 4th Aug '26 · Partnership: On Aug 4, 2026, Bitzero announced a collaboration with Vertiv to add critical power and thermal management expertise to its data center supply chain, with no financial terms disclosed.
• Thu 30th Jul '26 · Offering: Raised $24.77M in gross proceeds through a private placement (PIPE), with warrants over 5.83M shares.