Bitzero Holdings Inc. Announces Commencement of Trading on Canadian Securities Exchange

Core Insights - Bitzero Holdings Inc. will commence trading on the Canadian Securities Exchange under the ticker symbol "BITZ.U" starting November 24, 2025, marking a significant milestone for the company during a bullish phase in the cryptocurrency market [1][2]. Company Overview - Bitzero focuses on sustainable blockchain and high-performance computing data centers, emphasizing low-cost operations and aggressive infrastructure expansion to meet increasing market demand [2][3]. - The company operates four data centers located in Norway, Finland, and the U.S., with a combined energy capacity exceeding 1GW, utilizing clean and sustainable energy sources [2][11]. Financial Metrics - Bitzero's energy cost for cryptocurrency mining is approximately US$0.04 per kWh, with an all-in breakeven cost of US$56,000 and a mining efficiency of 20 joules per terahash [2]. - For October 2025, Bitzero reported a gross profit of US$71,034 per day and a monthly gross profit of US$2,131,035, resulting in a mining margin of 46.24% [6][18]. Production Metrics - In October 2025, Bitzero's total hash rate was 1.84 EH/s, with 23.47 Bitcoins mined, a slight decrease from 23.85 Bitcoins in September 2025 [7][9]. - The company sold 27 Bitcoins in October, representing 95% of its production for the month, compared to 79% in September [9]. Investment and Market Position - Bitzero has attracted over US$100 million in investments, including contributions from notable investors like Kevin O'Leary, who emphasizes the importance of investing in both Bitcoin and the infrastructure that supports it [3][4].