FingerMotion Advances BlueFlare Partnership Toward First AI Compute Site in Alberta

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. This hybrid approach allows the facility to dynamically allocate power between AI and bitcoin mining workloads using BlueFlare’s proprietary BALA(TM) load-management platform. The facility is designed to avoid common development delays by operating independently of grid interconnection and fiber infrastructure, leveraging behind-the-meter power from natural gas that would otherwise be wasted through flaring.

The parties noted that discussions remain preliminary and non-binding, and no commercial term sheet or definitive agreement has yet been executed. However, the advancement of these talks signals growing momentum behind FingerMotion’s strategy to integrate AI computing with energy-efficient, waste-reducing technologies. This project could serve as a model for repurposing stranded energy assets into high-performance computing hubs, addressing both environmental concerns and the rising demand for AI inference capacity.

The announcement underscores FingerMotion’s evolution from a mobile payment and recharge platform provider in China to a broader technology company exploring AI and energy synergies. The partnership with BlueFlare aligns with global trends toward sustainable AI infrastructure, where power availability and cost are critical bottlenecks. By converting flared natural gas into computing power, the project could offer a lower-carbon alternative to grid-dependent data centers.

For more details, the full press release is available at https://ibn.fm/mTXyo. Additional updates on FingerMotion can be found in the company’s newsroom at https://ibn.fm/FNGR.