December 3, 2025
Acquisition expands the data center portfolio of Launch-backed BOLT Digital Technologies
TORONTO, December 3, 2025 – Launch Capital ("Launch") today announced that BOLT Digital Technologies Corp. ("BOLT"), a Launch portfolio company, has acquired ownership in a 40,000 sq ft data center facility in Georgia, USA. BOLT is a data center operator.
The facility has been operational since 2021 and is currently used for crypto mining at about 30% utilization. It has a low-cost power contract that can be expanded.
"Powered, operating data center capacity is the scarcest input in AI infrastructure, and BOLT's strategy of finding underused, energized real estate and converting it is exactly the model we want to back. This Georgia facility gives BOLT an operating platform with an expandable, low-cost power contract, and we look forward to supporting the team as they upgrade the site and grow the portfolio."
BOLT's strategy is to identify underused, energized real estate across North America and convert it into efficient data center hosting facilities for emerging hosted infrastructure platforms. BOLT plans to make strategic upgrades to the facility in the coming months to broaden its product offerings and move beyond crypto mining. It will also review several potential accretive data center assets in Canada and the US, and has said it will engage an investment banking partner to explore a near-term plan to go public.
Launch Capital is committed to assembling additional data center infrastructure assets consistent with its AI infrastructure build-out theme.
Launch Capital is a Toronto-based venture capital firm and family office led by Canadian technology entrepreneur Tony Di Benedetto, with a track record of identifying, building, operating and divesting growth assets and providing growth capital to Canadian companies. The firm focuses on the infrastructure behind AI, including data centers, GPU compute and the power that runs them, alongside growth-stage Canadian technology and services companies.
Mr. Di Benedetto has been active in the Canadian technology space since the early 1990s. He co-founded and served as CEO of Drone Delivery Canada, co-founded Data Centers Canada and chairs Liberty Data Centers. For more information, visit launchcapital.ca.
For more information please visit www.launchcapital.ca