Bitzero Holdings Inc., a British Columbia corporation, reported a new exempt private securities offering under Regulation D, claiming the Rule 506(b) exemption. The offering consists of equity, special warrants (each including one common share and one warrant), and the common shares issuable upon exercise of those warrants.
The company indicates that it has sold $24,770,454 USD of securities in this offering, with nothing remaining to be sold, and that the first sale occurred on July 30, 2026. Clear Street LLC is listed in the sales compensation section, and the filing reports $0 in finder’s fees.
Bitzero Holdings Inc. completed a private placement of 5,828,342 Special Warrants on July 30, 2026 at US$4.25 per Special Warrant, for aggregate gross proceeds of US$24,770,453.50 (approximately US$25 million). Each Special Warrant will automatically convert, for no additional consideration, into one common share and one common share purchase warrant.
Each resulting warrant will be immediately exercisable to purchase one common share at US$5.00 per share for a term of five years from the Special Warrant issuance date. Bitzero plans to use the net proceeds to repay certain indebtedness, further develop its products and services, pursue potential acquisitions, and for working capital and general corporate purposes. The securities were issued in a U.S. private placement, and Bitzero agreed to file a registration statement covering the resale of the underlying common shares.
Bitzero Holdings Inc. announced a collaboration with Vertiv to deepen technical, engineering and supply-chain capabilities for its sustainable high-performance compute, AI and hyperscale data center infrastructure.
Vertiv’s critical power, thermal management and advanced liquid cooling technologies are expected to become a key pillar of Bitzero’s execution platform, supporting performance, efficiency and scalability and helping accelerate project execution and “time to token.” The move aligns with Bitzero’s strategy of building an integrated ecosystem of specialized infrastructure partners around its four data center locations in North America and the Nordic region.
Bitzero Holdings Inc., a provider of sustainable high-performance compute and AI data center infrastructure, has delivered notice under its existing senior secured loan facility of its intention to prepay all outstanding obligations. The prepayment is expected to occur on or about August 6, 2026, after the required five-business-day notice period.
The company plans to use a portion of the net proceeds from its recently completed approximately US$25 million private placement financing, which closed on July 30, 2026, to fund the prepayment. The final payoff will include US$22,375,000 in principal plus accrued interest and other amounts. After repayment, Bitzero expects the loan to be fully satisfied, related liens and security interests on its assets to be released, and its balance sheet to be significantly strengthened, leaving the business substantially free of material debt as it pursues its data center growth strategy.
Bitzero Holdings Inc. closed a private placement of 5,828,342 Special Warrants at US$4.25 each for aggregate gross proceeds of approximately US$25 million. The capital raise was conducted under U.S. private placement exemptions Section 4(a)(2) and Rule 506(b) of Regulation D.
Net proceeds are intended for repayment of certain outstanding indebtedness, continued development of product and service offerings, potential future acquisitions, working capital and general corporate purposes. Each Special Warrant will automatically convert, for no additional consideration, into one common share and one common share purchase warrant on the earlier of a qualifying Canadian prospectus becoming effective or four months and one day after closing.
Each resulting Warrant is immediately exercisable for one common share at US$5.00 per share for five years from the Special Warrant issuance date. Bitzero entered a registration rights agreement to file a registration statement covering resales of the common shares issuable from the Special Warrants and Warrants. The company operates sustainable high‑performance compute and AI data center infrastructure across four North American and Nordic locations.
Bitzero Holdings Inc. entered into a securities purchase agreement with institutional investors for a private placement of 5,828,342 Special Warrants at US$4.25 each, for aggregate gross proceeds of approximately US$25 million. The financing is being conducted under Section 4(a)(2) and Rule 506(b) of Regulation D.
Each Special Warrant will automatically convert, for no additional consideration, into one common share and one five-year warrant to buy a common share at US$5.00, after a qualifying Canadian prospectus is effective or four months and one day after closing. Bitzero plans to use net proceeds to repay certain indebtedness, fund product and service development, support potential acquisitions, and for working capital and other general corporate purposes, and will grant investors registration rights to resell the underlying common shares.
Mohammed Bakhashwain reported beneficial ownership of 4,332,717 shares of Bitzero Holdings Inc. common stock, representing 8% of the outstanding class. He has sole voting and sole dispositive power over all of these shares, with no shared authority.
The ownership percentage is calculated using 54,069,407 Bitzero common shares outstanding as of June 30, 2026. Bakhashwain is a citizen of Saudi Arabia and lists a business address in Vancouver, British Columbia, which matches Bitzero’s principal executive office location.
Bitzero Holdings Inc. reported that it has secured a reservation over approximately 33 hectares of industrial land in Finland, advancing its Nordic data center development strategy. Initial planning suggests the site could support up to 60MW of high-performance compute and AI data center capacity.
The six-month reservation agreement with a local municipality will allow Bitzero to progress engineering work, grid connections and long-lead infrastructure, supported by an existing 110kV transmission line across the property. The company also engaged Think Ink Marketing for a two-week investor awareness and digital marketing campaign with cash compensation of US$246,500.
Bitzero Holdings Inc. provides an operational update as it marks its first week of trading on Nasdaq. The company is developing over 1GW of planned AI and high-performance compute data center capacity across North America and the Nordics, powered by low-carbon energy.
At its 110MW Namsskogan, Norway campus, construction is advancing with foundations underway for two 60MW transformers and substation upgrades. Bitzero signed a binding letter agreement with OneQode for a 15-year lease of the full 110MW, which would generate approximately US$2.6 billion in total revenue and around US$151 million in annual net operating income at full capacity, although a definitive lease has not yet been executed.
In Kokemäki, Finland, engineering due diligence is complete for up to 520MW, with an initial 80MW phase targeted for service in 2027 and long-term plans for 600–1,000MW. The company positions its Nordic sites to address AI infrastructure power constraints by pairing high-density compute with renewable, cost-efficient energy.