en.Wedoany.com Reported - Bitzero, a company operating cryptocurrency mining and high-performance computing data centers, has begun trading on the Nasdaq Stock Exchange. The company said this week that its common shares have been approved for trading on Nasdaq under the ticker symbol AIBZ.
According to the company, the Nasdaq listing represents a milestone in Bitzero's growth strategy, enhancing its visibility among institutional and retail investors, improving stock liquidity, and broadening access to U.S. capital markets.
Bitzero will retain its listing on the Canadian Securities Exchange (CSE), but its shares will be delisted from the OTCQB Venture Market. Founded in 2021, the company currently operates three data center sites in Scandinavia and North America. These include a campus in Kokemäki, Finland, with a planned capacity of 1GW.
Bitzero leases a data center in Røyrvik, Norway, with an initial capacity of 5MW, expandable to 20MW. Another project in Namsskogan, Norway, is under development and will reach a capacity of 325MW upon full completion. Additionally, the company owns a site in North Dakota, USA, with an initial capacity of 30MW, expandable to 300MW. "Shark Tank" star Kevin O'Leary is an investor in the company. Bitzero founder and CEO Mohammed Bakhashwain views the Nasdaq listing as a new phase in the company's development. He stated that it enables the company to access one of the world's top capital markets, achieve growth targets, and create long-term value for shareholders, while strengthening the board and strategic capabilities through the appointment of two new directors.
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