Bitzero Holdings Inc. Shares Operational Update

Rhea-AI Summary

Bitzero Holdings (OTCQB: BTZRF) provided an operational update reporting a rise in hashrate to approximately 2.80 EH/s (from 1.76 EH/s), ~59% growth since Sept 2025, and current receipt of ~1.1 BTC/day subject to network conditions. The company cites a blended power cost of about US$0.03–0.035/kWh and notes December operational metrics: total hash rate 2.45 EH/s, average operational hash rate 2.37 EH/s, and 29.31 BTC mined in Dec 2025.

Bitzero is progressing an expansion to ~110 MW energized capacity by Q4 2026 (forecasted to support ~10 EH/s if fully allocated) and contemplates a further phase to ~325 MW by Q4 2027 (forecasted to support ~30 EH/s).

Positive

• Hashrate increased to approximately 2.80 EH/s (+59% since Sept 2025)
• Current mining run-rate of about 1.1 BTC per day at reported operating levels
• Blended power cost reported at approximately US$0.03–0.035/kWh
• Planned energized capacity of 110 MW by Q4 2026 (could support ~10 EH/s)

Negative

• December energy cost table shows US$0.04/kWh and daily energy cost of US$38,400
• Bitcoins mined per EH/s declined from 18.08 in Jan to 11.97 in Dec (~34% drop)

Company Achieves ~2.8 EH/s with a 110 MW Expansion Well Underway

VANCOUVER, BC, Jan. 27, 2026 /PRNewswire/ -- Bitzero Holdings Inc., (CSE: BITZ.U) (OTCQB: BTZRF) (FSE: 000) ("Bitzero" or the "Company"), a provider of sustainable blockchain and high-performance compute (HPC) data center infrastructure, today announced an operational update of the Company's self-mining operations.

Since last reported in September 2025, the Company has significantly increased its hashrate to approximately 2.80 EH/s, compared to 1.76 EH/s previously reported, representing an increase of approximately 59%. At this operating level, the Company is currently receiving approximately 1.1 bitcoin per day, subject to network conditions. This improvement, together with the Company's previously announced reduction in energy costs following the execution of new power purchase agreements, enhances the Company's operating profile and is expected to support improved revenue generation and profitability. As previously reported, the Company's operations are currently supported by a blended power cost of approximately US$0.03–0.035 per kWh.

As previously announced, Bitzero remains on track to enter the next phase of expansion which is expected to deliver a total of approximately 110 MW of energized capacity by Q4 2026. Based on current forecasts, this level of capacity could support ~10.0 EH/s if fully allocated to Bitcoin mining. A further potential expansion phase is planned for completion by Q4 2027 and would increase total energized capacity to approximately 325 MW if completed as contemplated. A fully dedicated 325 MW of capacity to Bitcoin mining could support up to ~ 30.0 EH/s.

"The steady growth of our compute power is a direct reflection of our disciplined execution and long-term strategy," said Mohammed Bakhashwain, CEO and President of Bitzero. "With our expansion well underway, we're scaling efficiently, strengthening our infrastructure, and positioning the company to capture meaningful value as the Bitcoin network continues to evolve."

To learn more about Bitzero's sites, visit www.bitzero.com.

Energy Costs

Metric	Bitzero
Energy Cost kWh (Dec 2025)	0.04 US$/Kwh
Daily Energy Cost (Dec 2025)	US$38,400

Mining Monthly Metrics 

Bitzero Holdings Inc.	Dec-25
Monthly Total Hash Rate EH/s	2.45
Average operational Hash Rate EH/s	2.37
Bitcoin Mined	29.31
Bitcoin Mined Per 1EH/s	12.37
Bitcoin Mined Per Day	0.95
Bitcoin Mined Per Day Prior Month	0.72

Bitcoins mined per EH/s 

	JAN	FEB	MAR	APR	MAY	JUN	JUL	AUG	SEP	OCT	NOV	DEC
EH/s	1.18	1.33	1.35	1.38	1.41	1.42	1.36	1.36	1.76	1.85	1.85	2.45
Bitcoins mined	21.24	21.00	22.79	21.82	22.84	21.22	21.67	21.30	23.85	22.70	21.46	29.31
Bitcoins mined per EH/s	18.08	15.81	16.89	15.80	16.22	14.94	15.91	15.64	13.55	12.27	11.60	11.97

About Bitzero Holdings Inc.

Bitzero Holdings Inc. is a provider of IT energy infrastructure and high-efficiency power for data centers. The Company focuses on data center development, Bitcoin mining, and obtaining strategic data center hosting partnerships. Bitzero Holdings Inc. now has four data center locations in the North American and Scandinavian regions, powered by clean, low-carbon energy sources. Visit www.bitzero.com for more information.

Bitzero Contact
Mohammed Bakhashwain
+44 777 303 0394
investors@bitzero.com

Bitzero Press Contact
bitzero@nextpr.com

Forward-Looking Information

This news release contains "forward‑looking information" within the meaning of applicable Canadian securities laws, including statements regarding the Company's projected energized capacity at Namsskogan, Norway; expected timing for completion of expansion phases (Q4 2026 and Q4 2027); potential hashrate at various capacity levels (including ~10 EH/s and ~30 EH/s) if fully allocated to Bitcoin mining; and anticipated operating efficiencies, power costs and their impact on revenue generation and profitability. Forward‑looking information is based on management's current expectations and assumptions, including with respect to construction timelines, availability and performance of mining equipment, network difficulty, Bitcoin price, power availability and pricing, curtailment, uptime, regulatory approvals and general economic conditions.

Forward‑looking information is inherently subject to known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied, including risks related to construction and commissioning, supply chains, equipment performance, power markets and curtailment, permitting and regulatory matters, digital asset price volatility, network difficulty, cybersecurity, financing, and other factors described under "Risk Factors" in the Company's public filings. Readers are cautioned not to place undue reliance on forward‑looking information. The Company undertakes no obligation to update any forward‑looking information except as required by applicable securities laws.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

View original content to download multimedia:https://www.prnewswire.com/news-releases/bitzero-holdings-inc-shares-operational-update-302670675.html

SOURCE Bitzero

FAQ

How much has Bitzero (BTZRF) increased its hashrate as of Jan 27, 2026?

Bitzero's hashrate rose to approximately 2.80 EH/s, about a 59% increase from 1.76 EH/s reported earlier.

What is Bitzero's reported bitcoin production rate per day (BTZRF)?

At the reported operating level, Bitzero is currently receiving about 1.1 BTC per day, subject to network conditions.

What power costs did Bitzero (BTZRF) disclose for its operations in Jan 2026?

The company reported a blended power cost of approximately US$0.03–0.035/kWh (December table lists US$0.04/kWh).

What capacity expansion did Bitzero (BTZRF) say is expected by Q4 2026?

Bitzero expects to deliver approximately 110 MW of energized capacity by Q4 2026, which could support about 10 EH/s if fully allocated to Bitcoin mining.

What are Bitzero's longer-term capacity plans mentioned in the update (BTZRF)?

The company contemplates a further expansion to approximately 325 MW by Q4 2027, which the update states could support up to ~30 EH/s if completed and fully dedicated to mining.

What December 2025 mining metrics did Bitzero (BTZRF) report?

December metrics include total hash rate 2.45 EH/s, average operational hash rate 2.37 EH/s, and 29.31 BTC mined in Dec 2025.