Bitzero has secured a long-term customer at its data center in Norway.

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. The 110MW contract will cover the full initial power capacity at the site in Nammskogan, with plans to eventually scale to 315MW. The site also houses Bitzero’s self-mining operations.

Capacity at the site will be rolled out in phases and will involve a large-scale GPU deployment for OneQode. Initial commissioning is targeted for the first half of 2027.

“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.”

OneQode selected the site due to Bitzero’s experience operating energy-intensive workloads and Norway’s abundant renewable energy and cooler climate. The data center will be powered by hydroelectric energy.

“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.”

OneQode currently operates out of more than 30 data centers from which it offers cloud computing, low-latency networking, and sovereign technology.

Bitzero operates three data center sites across wider Scandinavia and North America, including a Kokemäki, Finland campus with a planned capacity of up to 1GW. The company leases a data center in Røyrvik, Norway, which offers an initial 5MW, scaling to 20MW; and a site in North Dakota, the US, which has an initial 30MW of capacity scaling to 300MW.

The company is based in Vancouver and listed on the Canadian stock exchange in November 2025. Shark Tank star Kevin O’Leary is an investor in the firm.