The facility spans approximately 202,000 square feet on 7.7 acres and is being developed to support current contracted capacity, with future expansion potential subject to utility approvals. The transaction was executed under a lease-to-own structure, which includes a fixed-price purchase option exercisable within 12 months. The lease term is 20 years, with two 5-year extension options.
The project is being delivered through WhiteFiber, Bit Digital's high-performance computing platform. The facility is being retrofitted to Tier 3 standards, with development costs expected to total approximately CAD
"This milestone represents continued momentum in our strategy to deliver purpose-built AI infrastructure at scale," said Sam Tabar, CEO of Bit Digital. "Speed to market is a key differentiator in the AI infrastructure space, and this site reflects our ability to mobilize and deliver capacity on accelerated timelines. We're proud to advance our partnership with Cerebras while expanding our data center footprint in the greater
Cerebras has contracted for 5MW (IT load) of built-to-suit infrastructure under a five-year colocation agreement announced in February 2025. Under the terms of the agreement, Cerebras holds a right of first refusal (ROFR) for any additional megawatt capacity that becomes available at the site.
About Bit Digital
Bit Digital, Inc. is a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in
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