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Get filing alertsFingerMotion signs non-binding MOU with BlueFlare to develop edge AI compute network in Canada
Filed June 9, 2026 · Period ending June 9, 2026 · ~1 min read
Key Changes
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Company entered non-binding MOU with BlueFlare Energy to develop distributed edge AI inference compute sites across Western Canada, with BlueFlare as exclusive partner in Alberta, BC, and Saskatchewan
Item 7.01 Press Release verify on EDGAR → -
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First project (PR1) includes 1.0 MW Bitcoin mining facility in Alberta with 28.08 PH/s hashrate, plus planned 500 kW AI inference data center; power cost fixed at $0.03/kWh for three years
Item 7.01 Press Release verify on EDGAR → -
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MOU is non-binding except for exclusivity and confidentiality provisions; no obligation to enter definitive agreements, and closing subject to due diligence, negotiations, and regulatory approvals
Item 7.01 Press Release verify on EDGAR → -
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PR1 intended as prototype for broader Western Canada network expansion; two additional sites under evaluation, but pace depends on PR1 success, capital availability, and regulatory approvals
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Management characterizes collaboration as strategic entry into AI inference infrastructure market, aiming to create new revenue streams through distributed edge compute model
Item 7.01 Press Release verify on EDGAR →
Summary
FingerMotion announced a non-binding partnership with BlueFlare Energy Solutions to develop small-scale edge AI computing sites across Western Canada, marking the company's entry into AI infrastructure.
The first project involves a 1-megawatt Bitcoin mining facility in Alberta that will be paired with a 500-kilowatt AI data center, using BlueFlare's technology to balance workloads between AI processing and crypto mining. Power costs are locked at 3 cents per kilowatt-hour for three years. Retail investors should note this is an early-stage, non-binding agreement with significant execution risk.
The company has no obligation to complete any deals, and everything depends on due diligence, negotiations, financing, and regulatory approvals. This represents a major strategic pivot into an entirely new business line—AI infrastructure—for a company previously focused on telecommunications and fintech in China. The economics and technical feasibility remain unproven. Watch for: (1) whether FingerMotion announces a binding definitive agreement within the next 90-180 days, and (2) disclosure of how the company plans to finance this capital-intensive expansion, including any dilutive equity raises or debt arrangements.
Section-by-Section Diff
Event · Item 7.01 — Regulation FD Disclosure
Item 7.01 — Regulation FD Disclosure filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
FingerMotion, Inc. (the “Company” or “FingerMotion”) issued a news release to announce that it has entered into a Memorandum of Understanding (the “MOU”) with BlueFlare Energy Solutions Inc. (“BlueFlare”), an Alberta-based developer, engineer and constructor of behind-the-meter (“BTM”) energy and high-performance compute infrastructure, to jointly develop a distributed network of micro-scale edge AI inference compute sites across Western Canada.
FingerMotion entered into a non-binding Memorandum of Understanding with BlueFlare Energy Solutions to jointly develop a network of small-scale edge AI inference compute sites in Western Canada. The MOU establishes BlueFlare as FingerMotion's exclusive partner in Alberta, British Columbia, and Saskatchewan for originating, designing, engineering, and constructing co-located AI inference and bitcoin mining sites. The collaboration is built around BlueFlare's proprietary BALA load-balancing technology, which dynamically balances AI inference workloads with bitcoin mining to optimize site economics and energy utilization.
Added in current filing · verify on EDGAR →
FingerMotion will look at the existing behind-the-meter Bitcoin mining infrastructure and mining hardware at the PR1 site, together with ongoing host-operated energy and operational services to be provided by BlueFlare, subject to satisfactory due diligence, the negotiation and execution of definitive agreements, and other customary closing conditions.
The first project under the collaboration is the PR1 site in Alberta, Canada, which includes a 1.0 MW air-cooled Bitcoin mining container with 120 Bitmain Antminer S21 Pro ASICs representing approximately 28.08 PH/s of hashrate. BlueFlare will provide behind-the-meter power supply from on-site natural gas generation and host-operated services at a fixed rate of US$0.03 per kWh for an initial three-year term with 3% annual escalation. BlueFlare will subsequently construct a 500 kW containerized AI inference compute data center adjacent to the existing infrastructure, intended to be FingerMotion's first operational edge AI inference site.
Added in current filing · verify on EDGAR →
The MOU and the anticipated LOI are non-binding (other than certain customary provisions of the MOU, including those relating to exclusivity, confidentiality, public disclosure, governing law and general provisions). Neither the MOU nor the LOI obligates either party to enter into any definitive agreement. The closing of the PR1 Project and any other transaction described in this press release is subject to, among other things, the negotiation and execution of definitive agreements, the completion of satisfactory due diligence, the receipt of any applicable regulatory or third-party approvals, and the satisfaction of other customary closing conditions.
The MOU and anticipated LOI are non-binding except for certain provisions like exclusivity and confidentiality, and neither document obligates the parties to enter into definitive agreements. The PR1 Project and any other transactions are subject to negotiation of definitive agreements, satisfactory due diligence, regulatory approvals, and other customary closing conditions. There is no assurance that definitive agreements will be reached or that any projects will be completed on the terms described or at all.
Added in current filing · verify on EDGAR →
“This collaboration represents an important milestone in our strategy to establish a scalable presence in the rapidly growing AI inference infrastructure market,” said Martin Shen, CEO of FingerMotion. “By collaborating with BlueFlare, we gain access to a highly differentiated platform that combines low-cost behind-the-meter energy, modular compute deployment, and proprietary load-balancing technology designed to maximize asset utilization. If successfully executed, this approach has the potential to accelerate our entry into the edge AI sector, improve capital efficiency, create new revenue opportunities, and enhance long-term shareholder value through exposure to one of the most dynamic segments of the digital infrastructure market.”
FingerMotion's CEO characterized the collaboration as an important milestone in the company's strategy to enter the AI inference infrastructure market. The company believes the distributed edge compute model offers advantages over centralized hyperscale data centers in energy economics, latency, speed of deployment, capital efficiency, and resilience. Management views this as a potential opportunity to create new revenue streams and enhance shareholder value through exposure to the digital infrastructure market.
Added in current filing · verify on EDGAR →
PR1 is intended to serve as the prototype site for a broader rollout of distributed edge compute infrastructure across Alberta, British Columbia and Saskatchewan. Additional initial project sites currently under evaluation by the parties include two sites which are expected to be advanced under a separate Commercial Term Sheet and associated definitive agreement(s). The pace and scale of the network build-out will depend on a number of factors, including the successful completion of the PR1 Project, capital availability, site origination, regulatory approvals, and other customary considerations.
The PR1 site is intended as a prototype for broader network expansion across Western Canada, with two additional sites currently under evaluation. The pace and scale of network build-out will depend on successful completion of PR1, capital availability, site origination, regulatory approvals, and other factors. This represents a potentially significant strategic expansion into a new business line, though execution risk remains substantial given the early stage and contingent nature of the plans.
Event · Item 9.01 — Financial Statements and Exhibits
FingerMotion filed an 8-K attaching a news release dated June 9, 2026; no material event details disclosed in the filing body.
Added in current filing · verify on EDGAR →
Exhibit | Description | 99.1 News Release dated June 9, 2026
The company attached a news release dated June 9, 2026 as Exhibit 99.1. The 8-K body does not describe the content of the news release, so the nature and materiality of the disclosed event cannot be determined from this filing alone.
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