23:02:44 EST Tue 27 Jan 2026
Enter Symbol
or Name
USA
CA



Bitzero Holdings Inc
Symbol BITZ
Shares Issued 50,421,121
Close 2026-01-26 U$ 3.80
Market Cap U$ 191,600,260
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Bitzero Holdings mines 29.31 bitcoin in December

2026-01-27 13:21 ET - News Release

Mr. Mohammed Bakhashwain reports

BITZERO HOLDINGS INC. SHARES OPERATIONAL UPDATE

Bitzero Holdings Inc. has provided an operational update of the company's self-mining operations.

Since last reported in September, 2025, the company has significantly increased its hash rate to approximately 2.80 exahashes per second, compared with 1.76 EH/s previously reported, representing an increase of approximately 59 per cent. 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 three U.S. cents to 3.5 U.S. cents per kilowatt-hour.

As previously announced, Bitzero remains on track to enter the next phase of expansion, which is expected to deliver a total of approximately 110 megawatts of energized capacity by Q4 2026. Based on current forecasts, this level of capacity could support approximately 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 approximately 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, chief executive officer and president of Bitzero. "With our expansion well under way, we're scaling efficiently, strengthening our infrastructure and positioning the company to capture meaningful value as the bitcoin network continues to evolve."

About Bitzero Holdings Inc.

Bitzero Holdings is a provider of IT (information technology) energy infrastructure and high-efficiency power for data centres. The company focuses on data centre development, bitcoin mining and obtaining strategic data centre hosting partnerships. Bitzero Holdings now has four data centre locations in the North American and Scandinavian regions, powered by clean, low-carbon energy sources.

We seek Safe Harbor.

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