American Bitcoin Corp, a company specializing in Bitcoin mining and artificial intelligence (AI) data center development, is developing a natural gas-powered facility in Canada. The company acquired an 850-acre industrial site in Southern Alberta from Captus Energy, which provides access to a natural gas supply.
ABTC intends to build an on-site AI and high-performance computing data center that will be directly powered by natural gas, with the first phase of the project slated for completion by the end of 2026. The acquisition was valued at approximately CAD$27 million ($18.7 million), including CAD$3 million ($2 million) in restricted shares allocated to the incoming Captus management team.
American Bitcoin Corp aims to establish itself as a prominent leader in the industrial digital infrastructure sector. The company's core vision extends beyond simple mining operations. Backed by Hut 8 and its strategic partners, American Bitcoin Corp is dedicated to scaling massive computing capacity and pioneering a capital-efficient treasury model, striving to maximize shareholder value through aggressive, long-term Bitcoin reserve accumulation.
April 11, 2026 Alberta
Cryptocurrency firm Avax One Technology has signed a front-end engineering and design (FEED) proposal for a 10MW off-grid, natural gas-powered AI and high-performance computing (HPC) data center at the 4-31 Battery site in Alberta, Canada. The FEED study will be led by BlueFlare Energy Solutions...
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