Bitzero (NASDAQ: AIBZ): The Power Play Behind the AI Boom

US$2.6 billion. One signature away.

Bitzero Holdings (NASDAQ: AIBZ) just landed the kind of deal most microcaps only dream about. On May 5, 2026, it signed a binding letter with global operator OneQode Networks to lease the entire 110MW of its Namsskogan, Norway data center for 15 years — roughly US$2.6 billion in contemplated revenue at an estimated 85% net operating income margin. That''s about US$151 million a year at full capacity. It''s a binding letter, with the definitive lease still to come — but OneQode wants all 110MW, and it wants it in Norway.

Power is the new oil. Bitzero owns the well.

Forget the chip race. The real bottleneck in AI is electricity — and it''s getting tighter by the month. McKinsey (via OilPrice) sees up to US$7 trillion in AI infrastructure spending by 2030. Moody''s says data centers will need more than US$3 trillion this decade. Most operators can''t get power connected for years. Bitzero locked it up first: hydro-powered Nordic sites at roughly 3 to 3.5 cents per kWh, against a US average near 18 cents. Cheap, clean, and already on the grid.

Mr. Wonderful is already in.

Shark Tank''s Kevin O''Leary — who built and sold SoftKey to Mattel for US$4.2 billion — is an early strategic investor and part of the more than US$100 million Bitzero has raised.

"Bitzero is a power company with very, very attractive contracts." — Kevin O''Leary

When an investor with that track record backs a name this early, the rest of the market tends to notice.

A 1-gigawatt empire in the making

• Namsskogan, Norway: the 110MW flagship behind the OneQode deal. Transformers land September 2026.
• Røyrvik, Norway: a sister site minutes away for instant redundancy and faster ramp.
• Kokemäki, Finland: built to scale toward 600MW–1GW on a confirmed 400kV connection, with NVIDIA-partner engineering already done.
• Nekoma "Pyramid," North Dakota: a blast-proof former missile-defense base built for sovereign and defense-grade AI workloads.

More than 1 gigawatt of planned capacity. The hard parts — land, power, and permits — are already in hand.

Why AIBZ belongs on your watchlist

1. A ~US$2.6B anchor deal from a global data center operator.
2. The lowest power costs in the sector, locked in early.
3. Kevin O''Leary as an early strategic investor.
4. A 1GW+ pipeline across Norway, Finland, and North Dakota.
5. Bitcoin mining throwing off cash today, with megawatts ready to pivot to AI tomorrow.

The bottom line

The AI boom runs on power, and Bitzero spent years securing it before the rest of the market understood the stakes. With a multi-billion-dollar anchor deal, some of the cheapest power in the sector, and Mr. Wonderful already on the cap table, AIBZ is one of the most direct ways to play the AI power crunch on Nasdaq right now. Put it on your watchlist before the rest of the market catches up.

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Disclosure: This is a paid advertisement. Fairfax Plus Media was compensated US$20,000 by Think Ink Marketing to produce and disseminate this content on behalf of Bitzero Holdings Inc. (NASDAQ: AIBZ).