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Bitcoin miner Bitzero signs 15-year power lease for AI workloads in Norway

The deal involves a 15-year, $2.6 billion lease to host enterprise AI workloads at Bitzero’s Norway site, positioning the company around long-term power demand from AI.

Reported · Written up by our desk · Energy Transition

Bitzero Holdings has signed a binding letter for a 15-year, $2.6 billion lease to host enterprise AI workloads at its Norway site, according to OilPrice.

The outlet frames the agreement as an early signal of a shift in strategic leverage toward electricity, arguing that AI workloads can drive demand for clean, secure, large-scale power measured in gigawatts.

OilPrice links the growing focus on electricity to the broader AI economy, describing power as a new chokepoint that could influence the terms of the AI sector over the next two decades.

The article also highlights that Bitzero is a Canadian-listed Bitcoin miner with infrastructure across Scandinavia and the United States, positioning it as one of the companies that secured AI-grade power capacity ahead of increased AI-driven demand.

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