FingerMotion Inc. (NASDAQ: FNGR) announced plans to enter into a memorandum of understanding with BlueFlare Energy Solutions Inc. to develop behind-the-meter artificial intelligence and high-performance computing infrastructure across Alberta, British Columbia and Saskatchewan. The collaboration supports FingerMotion's strategy of building modular AI and HPC capacity powered by on-site natural gas generation, which the company believes could provide greater control over energy costs and long-term power availability.
Under the proposed framework, BlueFlare would serve as FingerMotion's primary development partner for site origination, engineering, construction and operations of natural gas-powered AI inference facilities integrated with co-located bitcoin mining operations. This integration allows the facilities to monetize stranded energy and balance grid demand, making the infrastructure more economically viable. The parties have identified two initial project sites for evaluation and intend to pursue site-specific agreements as they advance development opportunities in Western Canada.
The importance of this partnership lies in FingerMotion's strategic pivot toward energy-intensive AI computing. By leveraging natural gas, the company can bypass the volatility of public grids and secure stable power for its AI inference workloads, which are critical for real-time data processing. The co-location with bitcoin mining adds a layer of operational flexibility: when AI computing demand is low, the excess power can be redirected to mining, ensuring continuous utilization of the energy asset. This dual-use approach could set a precedent for how AI infrastructure is powered in regions with abundant natural gas resources.
FingerMotion's core business remains mobile payment and recharge platform solutions in China, but this expansion into AI infrastructure signals a diversification into high-growth sectors. The company's vision is to rapidly grow its user base and develop an ecosystem of engaged users, and the AI infrastructure play could provide additional revenue streams and technological capabilities. For investors, the partnership with BlueFlare represents a tangible step toward executing this strategy, and the selection of Western Canada as a hub underscores the region's attractiveness for energy-intensive computing due to its natural gas reserves and supportive regulatory environment.
The full press release is available at https://ibn.fm/Ck6Ge. More information about FingerMotion is in the company's newsroom at https://ibn.fm/FNGR.
