Bit Digital has acquired a CAD $33.5M (USD $23.3M) property in Montreal for a 5MW Tier-3 data center, aiming to scale its HPC capacity to 32MW by 2025. The facility will feature liquid cooling and renewable hydropower, supporting AI and high-density workloads. CEO Sam Tabar highlights leveraging existing infrastructure to cut costs and accelerate development, positioning Bit Digital for sustainable growth in the high-performance computing market.