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BITZERO AND KEVIN O’LEARY HAS CHOSEN NORTH DAKOTA AS THE HEADQUARTER AND HUB FOR FURTHER OPERATIONS

BITZERO AND KEVIN O’LEARY HAS CHOSEN NORTH DAKOTA AS THE HEADQUARTER AND HUB FOR FURTHER OPERATIONS 

CEO Akbar Shamji said Bitzero plans to build 200 megawatts of data centers in the province over the next two to three years at a cost of $ 400 million to $ 500 million. The company is also part of a joint venture focused on graphene battery technology that plans to invest $ 200 to $ 500 million to bring assembly and distribution center to North Dakota at the same time.


“North Dakota has emerged as a Bitzero decision as a result of the government's commitment to neutrality by 2030, its strong energy industry, favorable taxation and regulatory environment, and access to state-of-the-art engineering and software talent for new sales. intellectual property in the data center area, ”the company said in a statement.


Bitzero describes itself as a miner who "uses renewable energy within the ESG operated by Zero Carbon Displacement ecosystem to streamline the relationship between data processing, crypto mining, commerce, communities and the environment."


Television man and green mining lawyer O'Leary is a strategic investor at Bitzero, as well as a Dubai-based Phoenix Group, a mining mining supplier for bitcoin and a financial firm. In a statement, O’Leary joked about another announcement about the work in Montana to be announced this week.


To date, Bitzero has raised about $ 100 million in investment and plans to go public on the Canadian stock exchange over the next 60 days, then aiming to be listed on the Nasdaq.


With his recent sponsorship, the miner has raised an estimated $ 45.9 million in private property at a cost of $ 0.40 per share.

Source: yahoo 

Note: Kevin O’Leary-Backed Bitcoin Miner to Locate HQ in North Dakota (yahoo.com)



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