Bit Digital has acquired an in-development data center site outside Montreal, Canada. The new site is set to be leased to Cerebras.
The company recently announced it has secured the rights to a new data center site under development in Saint-Jérôme, Québec (MTL-3).
Set on 7.7 acres, the 202,000 sq ft (18,765 sqm) facility will support the previously announced 5MW colocation agreement with Cerebras Systems.
Terms and the seller weren’t shared.
The transaction was executed under a lease-to-own structure, which includes a fixed-price purchase option exercisable within 12 months. The lease term is 20 years, with two 5-year extension options.
The facility is being retrofitted to Tier III standards, with development costs expected to total approximately CA$55 million (approximately US$40m), and a targeted go-live date of July 2025.
Under the terms of the agreement, Cerebras also has first-refusal rights for any additional capacity that becomes available at the site.
"This milestone represents continued momentum in our strategy to deliver purpose-built AI infrastructure at scale," said Sam Tabar, CEO of Bit Digital. "Speed to market is a key differentiator in the AI infrastructure space, and this site reflects our ability to mobilize and deliver capacity on accelerated timelines. We're proud to advance our partnership with Cerebras while expanding our data center footprint in the greater Montréal region, a growing hub for AI innovation."
Bit Digital's Bitcoin mining operations are located in the US, Canada, and Iceland.
Bitcoin mining company Bit Digital operates a colocation data center unit known as Enovum, and WhiteFiber is the company’s GPU cloud unit, launched in 2024 and rebranded in February 2025.
WhiteFiber hosts its GPU cloud platform with Enovum Data Centers in Canada.
Bit Digital and WhiteFiber announced they were hosting Cerebras in Montreal in March, following Cerebras’ own expansion announcements across six new locations in North America and Europe.
Enovum's existing Montreal facility – MTL1, located at 3195 Chemin Bedford and launched in 2021 – offers 24MW of IT capacity across 70,000 sq ft (6,500 sqm) of data center space.
The company acquired a second site – MTL2 – in December for CA$33.5 million (US$24m). The 5MW, 160,000 sq ft (14,865 sqm) site has been designed with direct-to-chip liquid cooling and peak rack density of up to 150kW. Previously used as an encapsulation manufacturing facility, it is set to go live in mid-2025.
