FingerMotion Inc. (NASDAQ: FNGR) announced that it and BlueFlare Energy Solutions are in advanced discussions regarding commercial terms for the first of two proposed behind-the-meter AI compute projects identified under their previously announced memorandum of understanding. The initial project is a roughly 600-kilowatt Alberta facility that currently uses natural gas that would otherwise be flared to power bitcoin mining operations, with plans to redevelop the site into an AI inference facility supported by new on-site power generation, battery energy storage and high-performance computing infrastructure.
Under the proposed framework, AI inference would serve as the site’s primary revenue driver, while bitcoin mining would be retained as a load-balancing mechanism to maximize utilization of on-site power generation. The facility would use BlueFlare’s proprietary BALA load-management platform to dynamically allocate power between AI and bitcoin mining workloads and is designed to avoid common development delays by operating independently of grid interconnection and fiber infrastructure. The parties noted that discussions remain preliminary and non-binding, and no commercial term sheet or definitive agreement has yet been executed.
The announcement underscores FingerMotion’s strategic pivot toward AI infrastructure as the company seeks to leverage its existing energy partnerships. The Alberta site represents a proof of concept for repurposing stranded energy assets—such as flared natural gas—to power computationally intensive AI workloads. By integrating battery energy storage and high-performance computing, the facility aims to achieve reliable, low-cost operation without relying on the electrical grid, a significant advantage in regions with constrained grid capacity.
For FingerMotion, the partnership with BlueFlare Energy Solutions offers a pathway to diversify beyond its core mobile payment and recharge platform business in China. The company has been exploring value-added technologies to expand its ecosystem, and the AI compute initiative aligns with global trends toward sustainable, decentralized computing. The retention of bitcoin mining as a load-balancing mechanism provides operational flexibility, allowing the facility to adapt to fluctuating energy supply and demand.
Industry observers note that behind-the-meter AI compute projects are gaining traction as companies seek to reduce reliance on traditional data center infrastructure, which often faces long lead times and high costs. If successful, the Alberta facility could serve as a model for similar developments in other regions with abundant flared natural gas. However, the preliminary nature of the discussions means that execution risks remain, including the need for regulatory approvals and finalizing commercial terms.
FingerMotion’s newsroom provides the latest updates on the company’s progress. The full press release is available at https://ibn.fm/mTXyo. More information about FingerMotion can be found on its corporate website.
