Bit Digital has successfully secured rights for a new data center development in Saint-Jérôme, Québec, aimed at enhancing its capabilities in high-performance computing (HPC). This move complements a five-megawatt colocation agreement with Cerebras Systems, a pioneer in generative AI infrastructure.
The new facility, designated as MTL-3, occupies 7.7 acres and is designed to accommodate approximately 202,000 square feet. It is being developed to meet Tier 3 standards to align with contemporary colocation needs. The project, executed through Bit Digital’s HPC platform, WhiteFiber, is projected to launch by July 2025, with an estimated development cost of around CAD $55 million (approximately USD $40 million).
The acquisition operates under a lease-to-own structure, featuring a fixed-price purchase option that can be exercised within a year. The lease extends for 20 years, with two possible five-year extensions. Additionally, Bit Digital has positioned the site for future expansion pending utility approvals, allowing Cerebras Systems the first right of refusal on any additional capacity that becomes available.
Sam Tabar, CEO of Bit Digital, expressed that this milestone underscores their ongoing strategy to provide specialized AI infrastructure at a larger scale. He emphasized that speed to market is crucial in the AI infrastructure sector, and this new site exemplifies their ability to deploy and supply the required capacity promptly.
This agreement further cements the partnership between Bit Digital and Cerebras, following a five-year agreement for a customized 5MW IT load facility struck in February 2025. Bit Digital is committed to growing data center capacity in the greater Montréal area, which is evolving as a significant North American hub for AI innovation.
With its headquarters in New York, Bit Digital operates globally through WhiteFiber, maintaining facilities in Canada, the U.S., and Iceland.
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