Cryptomining and high-performance computing (HPC) data center firm Bitzero has listed on the Canadian stock exchange.

The firm, which is backed by Shark Tank star Kevin O’Leary, started trading on the Canadian Securities Exchange on Monday under ticker symbol BITZ.U.

“This strategic milestone comes at a pivotal moment for Bitzero, during a historic bull run in the crypto market and surging demand for data center capacity,” said Mohammed Bakhashwain, president and CEO of Bitzero.

“Combined with our aggressive infrastructure expansion strategy and our low-cost operations, this move will allow us to deliver even more capacity, faster, to meet market demand and provide exceptional value for investors. I’m extremely proud of our team for making this opportunity a reality.”

Bitzero says it develops “ESG-focused infrastructure and sustainable power for high-performance computing and blockchain activities,” and like many crypto firms, is looking to expand its HPC offering to cater for the demands of hyperscalers running AI workloads.

The Vancouver-based company operates data centers around the world, and claims to select locations based on their cool climate so as to cut the carbon footprint of its servers.

Its Norway 1 facility, in Namsskogan, Norway, offers 40MW capacity across 14,000 cryptomining rigs. Bitzero says this is currently being expanded to 110MW. It has also leased a 5MW site in nearby Røyrvik, known as Norway 2.

In Finland, Bitzero is operating out of a facility in Kokemäki, which offers 10MW and has a potential capacity of 800MW.

In North Dakota, US, the company purchased a former missile base, the Stanley R. Mickelsen Safeguard Complex at Nekoma, commonly known as “The Pyramid,” in 2022, and now runs a 2.5MW data center on the site, with 30MW of capacity “prepped for rapid deployment.” The 184-acre site could eventually offer up to 300MW, and Bitzero believes it is ideal “for hyperscale compute and sensitive data storage.”

According to the company, it has attracted over $100 million in private funding from backers including O’Leary, who is also known as Mr. Wonderful.

“When I invest in any asset class, I aim to own both the asset and the infrastructure behind it,” O’Leary said. “If you believe in bitcoin, why not also invest in the tools that make it possible? That’s the energy, the power, the data centers – and Bitzero delivers on all of that.”