Kevin O’Leary-Backed Bitzero to Begin Trading on CSE as Crypto Infrastructure Rally Builds

Kevin O’Leary is once again backing infrastructure underpinning the digital-asset economy—and this time it’s going public.

Bitzero, a sustainable blockchain and high-performance computing data-centre firm in which O’Leary is a high-profile investor, announced that its voting shares will begin trading on the Canadian Securities Exchange under ticker BITZ.U today. The move comes amidst a global crypto market surge and rising demand for data-centre capacity.

O’Leary, known for his “Shark Tank” persona, told Fintech.ca: “If you believe in Bitcoin, why not also invest in the tools that make it possible? That’s the energy, the power, the data centres—and Bitzero delivers on all of that.” The company says it has attracted more than US$100 million in investment, including O’Leary’s backing.

“ This strategic milestone comes at a pivotal moment for Bitzero,” said Mohammed Bakhashwain, President and CEO, pointing to a “historic bull run in the crypto market and surging demand for data-centre capacity.”

The company reports mining energy costs of roughly US$0.04 per kWh and an all-in breakeven cost of US$56,000 per bitcoin, positioning itself among the lowest-cost operators. Bitzero currently owns four data-centre locations—two in Norway, one in Finland and one in the U.S.—with combined growth capacity of over 1 gigawatt, all powered by renewable or clean energy sources.

The listing follows a broader pattern in O’Leary’s infrastructure investments: just over a year ago the investor led a bold project in Alberta—Greenview Industrial Gateway—to develop a $70 billion AI-data-centre campus named Wonder Valley, signalling his view that owning infrastructure is as compelling as owning the underlying asset.

In his words: “What we’re building here is a sustainable future, leveraging natural resources and policies to set a global benchmark for compute efficiency.” That project aimed to deliver up to 7.5 GW of low-cost power to hyperscale data centres via off-grid natural gas and geothermal energy.

In Bitzero’s case, the infrastructure focus echoes many of the same themes: low-cost operations, large-scale capacity, clean energy and speed of deployment. With the public listing, Bitzero will aim to deliver “exceptional value for investors” as it expands its footprint.

As the company transitions into the public-market realm, the listing under BITZ.U positions Bitzero—and by extension O’Leary’s infrastructure play—as part of the evolving fintech and crypto-infrastructure landscape in Canada.