#USA #Data Center #Bit Digital #Cerebras #Saint-Jérôme

Bit Digital, Inc. Secures New Data Center for Cerebras Partnership

Bit Digital, Inc. (NASDAQ: BTBT) has taken a significant step forward by securing a new site for a Tier 3 data center located in Saint-Jérôme, Québec, which is currently under development. This facility is designed to support a previously established colocation agreement with Cerebras Systems, a leading company in generative AI infrastructure.

Details of the New Facility

The upcoming data center will span approximately 202,000 square feet and will be built on a 7.7-acre site. Bit Digital is investing heavily in this facility, with expected development costs totaling around CAD $55 million (approximately USD $40 million). The project is set to conform to Tier 3 standards, ensuring high reliability and performance for the planned operations. The targeted date for the facility to go live is July 2025.

In this lease-to-own agreement, Bit Digital has a fixed-price purchase option which can be executed within the first 12 months of the lease, providing them with operational flexibility. The lease is structured for a duration of 20 years, with options for two additional five-year extensions, catering to potential future expansions that would be contingent on utility approval.

Strategic Importance of the New Site

This development is essential for Bit Digital’s strategy of moving towards purpose-built AI infrastructure at scale. CEO Sam Tabar emphasized that speed to market is a vital competitive edge in the AI infrastructure sector. He expressed pride in advancing the partnership with Cerebras while expanding their data center presence in the greater Montreal region, which is rapidly emerging as a hub for AI innovation.

Cerebras has already contracted for 5 MW (IT load) of built-to-suit infrastructure under a five-year colocation agreement, which was announced in February 2025. Furthermore, under these terms, Cerebras has a right of first refusal (ROFR) for any additional megawatt capacity that becomes available at this site.

About Bit Digital

Based in New York City, Bit Digital, Inc. operates as a major player in high-performance computing (HPC) infrastructure and digital asset production. The company’s HPC operations are branded under WhiteFiber Inc. and are strategically located across North America and Iceland.

This new data center represents a cornerstone in Bit Digital's efforts to deliver robust AI infrastructure, supporting their platform's growth in various sectors. They are committed to ensuring that operations align with the increasing demands of high-performance computing while also addressing current market needs. For more information, potential investors and interested parties can reach out to Bit Digital or visit their official website.

As Bit Digital continues to navigate the complex landscape of high-performance computing and cryptocurrency, they remind potential investors to be cautious. The company's announcements often include forward-looking statements that carry inherent risks and uncertainties, and those interested should conduct comprehensive due diligence before investing.

The establishment of the new data center signals not just growth for Bit Digital, but also a robust partnership landscape in the rapidly evolving tech industry, particularly in AI-driven applications. The future of AI infrastructure is bright, and Bit Digital is positioning itself to be at the forefront of this technological evolution.