Bitzero Begins Phase I at 1GW Finland Data Centre Campus

Bitzero Holdings (Bitzero) has broken ground on Phase I of its new data centre campus in Kokemäki, Finland, a site with potential to scale to 1GW and covering nearly 100 hectares. The company has acquired the first 15 hectares, with the remainder under option as expansion phases progress.

Offering high-efficiency power solutions and IT energy infrastructure, Bitzero focuses on Bitcoin mining, data centre development and hosting data centre partnerships.

Mohammed Bakhashwain, President and CEO of Bitzero, says: “This site provides the space and power capacity we need to achieve our aggressive growth plans and deliver green compute power at scale, including the ability to host large, hyperscale AI, cloud and Bitcoin workloads.”

A giga-scale development in northern Europe

The Finnish campus is positioned to become Bitzero’s largest data centre asset. Once fully built, it will be one of Europe’s biggest standalone sites, with design capacity reaching 1GW. Phase I focuses on securing initial power availability and enabling early compute operations.

The site is powered by a diversified mix of hydroelectric, nuclear, solar and wind energy. This blend underpins the company’s strategy to build high-density compute campuses that are not dependent on fossil fuels or constrained grids. 

By securing its own long-term power supply, Bitzero aims to create predictable operating conditions for clients running energy-intensive workloads.

Finland’s climate provides further efficiency benefits, reducing mechanical cooling requirements for much of the year. 

Lower ambient temperatures support high-density air and liquid cooling configurations, enabling sustained performance for AI training clusters, blockchain compute and hyperscale cloud nodes.

Asset-first model aims to strengthen long-term economics

Bitzero positions its expansion strategy around owning land, infrastructure and power rights to support data centre development without relying on lease cycles.

Kevin O’Leary, a high-profile Bitzero investor, television personality and venture capitalist, says: “Unlike most competitors, Bitzero’s asset-first model is a rare competitive advantage that drives efficiency and scalability, backed by real assets and resources. 

“Because they own the infrastructure and aren't dependent on leases or oversaturated power grids, Bitzero is more agile, profitable and better positioned for long-term value.”

This approach is intended to allow the company to scale compute infrastructure more flexibly, particularly in locations where land and power constraints are slowing hyperscale developments. 

The Kokemäki site’s size and reserved expansion area give Bitzero the ability to build multi-phase halls that can support future energy and cooling demands from dense AI systems.

Delivering AI and high-performance compute capacity

The campus has been designed for workloads such as AI training and inference, cloud compute and blockchain operations. The availability of up to 1GW allows the site to support GPU clusters at a scale usually confined to hyperscale operators. 

Bitzero’s strategy focuses on providing clients with dedicated power availability, predictable cooling performance and options for large-scale deployment without the limitations often found in urban data centre markets.

Phase I will build out the initial infrastructure required to begin hosting compute loads. Bitzero has not yet disclosed specific power allocations or tenant commitments but indicates that AI demand is a core driver of the site’s long-term planning.

Expanding the global development pipeline

Alongside Finland, Bitzero has secured three additional data centre sites across Scandinavia and North America. These locations follow the same development model, combining low-carbon power, large parcels of land and climates suited to efficient cooling.

As Phase I progresses in Kokemäki, Bitzero is positioning the campus as a flagship location within its portfolio, providing the power and scale required for the next generation of high-density digital infrastructure.