FingerMotion Inc. (NASDAQ: FNGR), Genius Group Limited (NYSE American: GNS), and BlueFlare Energy Solutions Inc. have announced binding agreements to establish GENIUSpark Alberta Inc., a joint venture focused on developing high-performance computing (HPC) data centers in Alberta, Canada. According to the press release, FingerMotion will hold a 51% ownership stake, while Genius Group will hold 49%. The venture’s first project, Hanna Campus No. 1, will be developed on a 20.2-acre site in east-central Alberta, with an initial 2.4 megawatts (MW) of HPC capacity supported by 3 MW of grid power and an option for additional natural gas generation.
The $24.3 million project is expected to be financed through approximately $14.4 million in debt and $9.9 million in equity. Construction is scheduled to begin in December 2026, with initial computing operations targeted for the second quarter of 2027, subject to financing, regulatory approvals, and other closing conditions. The Hanna facility is designed to generate more than $24 million in annual revenue at full capacity and will serve as a pilot for a broader Alberta expansion. GENIUSpark Alberta is targeting an initial 100 MW of HPC capacity, with a longer-term goal of 1 gigawatt.
FingerMotion will oversee site acquisition, power infrastructure, construction, and data center management alongside BlueFlare, while Genius Group will lead education, workforce development, and community programs. Each site aims to contribute 10% of net profits to a locally governed community fund. The partners also intend to explore a potential public listing of GENIUSpark Alberta on the TSX or Nasdaq.
For FingerMotion, a technology company with core competency in mobile payment and recharge platform solutions in China, this joint venture represents a significant diversification into the HPC data center market. The company’s vision is to grow its user base and develop an ecosystem of highly engaged users, and this move could position it to capitalize on the growing demand for computing infrastructure. As noted in the release, FingerMotion eventually hopes to serve over 1 billion users in the China market and expand the model to other regional markets. The latest news and updates relating to FNGR are available in the company’s newsroom at https://nnw.fm/FNGR.
The announcement was distributed by NetworkNewsWire (NNW), a specialized communications platform focused on financial news and content distribution. NNW is part of the Dynamic Brand Portfolio at IBN, which offers services such as wire solutions via InvestorWire, editorial syndication to 5,000+ outlets, press release enhancement, social media distribution, and corporate communications solutions. For full terms of use and disclaimers, visit https://www.NetworkNewsWire.com/Disclaimer.
The joint venture’s success will depend on securing financing and regulatory approvals, but if realized, it could significantly impact the local Alberta economy through job creation and community funding, while providing FingerMotion with a foothold in the rapidly expanding HPC market. The involvement of Genius Group in education and workforce development may also help build local talent pipelines for the data center industry. Additionally, the potential public listing of GENIUSpark Alberta could offer investors a new opportunity to participate in the venture’s growth.
