--- title: "Bitzero inks $2.6B AI lease as power race heats up" type: "News" locale: "en" url: "https://longbridge.com/en/news/290245067.md" description: "Bitzero has signed a $2.6 billion lease agreement to rent its entire Norway facility to OneQode for 15 years, projecting $178 million in annual revenue at full capacity. This deal highlights a broader industry trend where Bitcoin miners are pivoting to AI infrastructure to secure high-margin, long-term contracts amid surging electricity demand and grid constraints threatening US data center expansion." datetime: "2026-06-18T20:47:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/290245067.md) - [en](https://longbridge.com/en/news/290245067.md) - [zh-HK](https://longbridge.com/zh-HK/news/290245067.md) --- # Bitzero inks $2.6B AI lease as power race heats up Massive AI lease: Bitzero will lease its full Norway site to OneQode for 15 years, generating $178 million annually at full capacity. Power bottleneck risk: Electricity demand for AI could surge 165% by 2030, with grid constraints threatening half of planned US data centers. Industry pivot trend: Bitcoin miners like Bitzero and Hyperscale Data are shifting toward AI infrastructure to capture high-margin, long-term contracts. ### Related Stocks - [AIBZ.US](https://longbridge.com/en/quote/AIBZ.US.md) - [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) - [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md) - [BTCE.DE](https://longbridge.com/en/quote/BTCE.DE.md) - [03008.HK](https://longbridge.com/en/quote/03008.HK.md) - [03042.HK](https://longbridge.com/en/quote/03042.HK.md) - [03430.HK](https://longbridge.com/en/quote/03430.HK.md) - [BTCHKD.VAHK](https://longbridge.com/en/quote/BTCHKD.VAHK.md) - [BTCUSD.VAHK](https://longbridge.com/en/quote/BTCUSD.VAHK.md) - [GPUS.US](https://longbridge.com/en/quote/GPUS.US.md) - [GPUS-D.US](https://longbridge.com/en/quote/GPUS-D.US.md) - [GPUS.F.US](https://longbridge.com/en/quote/GPUS.F.US.md) ## Related News & Research - [Capital B answers shareholder questions ahead of June 17 AGM](https://longbridge.com/en/news/290079717.md) - [SEC Proposes Capital Offering Reforms To Support Smaller Corporate Issuers](https://longbridge.com/en/news/290322419.md) - [IREN enters Europe with acquisition of Spanish AI data center developer Nostrum](https://longbridge.com/en/news/289812404.md) - [Ledn Adds Tether Gold Collateral As Tokenized Gold Enters Crypto Lending](https://longbridge.com/en/news/290308443.md) - [Kraken To Launch First CFTC-Regulated Crypto Perpetual Futures In The US](https://longbridge.com/en/news/290331643.md)