Built in the Field.
Trusted with Scale.
The story of AetrisCore begins with Western European BTC mining infrastructure, scaling operational resilience and technical know-how into a global data centre operator headquartered in Dubai.
Chapter 1 The Foundation (2018–2020)
We started with a single conviction: that abundant, underutilised energy should power the digital economy. In 2018, the founders launched their first Bitcoin mining and HPC hosting operation in Western Europe, starting with 1 MW of capacity. By 2020, this had scaled to 6.5 MW, with the operation expanding into HPC data centre hosting for commercial clients, the in-house development of GPU cluster solutions, and a hardware supply business. During this period, the company became one of the first in the region to source and distribute ASIC miners and NVIDIA GPUs at scale.
Chapter 2 Scaling Under Pressure (2021–2022)
By the end of 2021, the company operated 10.8 MW across proprietary mining and client hosting, forming a fully operational multi-site data centre business. In 2022, changing external conditions in the company’s home market made further expansion unsustainable, so the team made a decisive move: a full relocation of its operations instead of shutting down. Within months, Scandinavia was selected as the long-term operational base, as it offered access to renewable energy, a cool climate, stable regulation, and among the lowest electricity costs in Europe. Once the infrastructure was moved, operations resumed within weeks, with the first Nordic data centre going live in Norway in July 2022; a demonstration of operational discipline that defines the company’s culture.
Chapter 3 Nordic Expansion & Innovation (2022–2025)
From Norway, the company expanded into Finland and Iceland — developing facilities that went beyond standard mining operations. In Iceland, the team pioneered a circular economy model, partnering with a local fish processing facility to reuse waste heat from mining operations for fish drying. By 2025, total deployed capacity had reached 31.7 MW across multiple European locations, with a management infrastructure capable of operating geographically distributed, high-uptime compute assets.
Chapter 4 — The AetrisCore Era (2025–present)
AVG Trading Company established AetrisCore as the strategic vehicle for its next phase: AI Data Centres and on-site power generation across EMEA, headquartered in Dubai, UAE. The company is supported by a newly formed Board of Directors with expertise across investment management, energy, real estate, and technology infrastructure, alongside a senior technical team with direct experience in designing, deploying, and operating AI data centre environments. Leveraging the operational foundation of a company that has been building real infrastructure, in real conditions, since 2018,
AetrisCore is positioned to be a leading independent provider of modular AI computer infrastructure.
aetriscore storytime
The Timeline
people behind aetriscore
Leadership & Technical Team
Awgust Markovych
Co-Founder & CEO
Over 7 years of experience in Bitcoin mining, HPC data centre hosting, and compute infrastructure deployment. Built and operated large-scale BTC mining and HPC hosting facilities across Western Europe, scaling from initial 1 MW operations to a 31.7 MW multi-country platform. Expert in containerized systems for air- and hydro-cooled environments, alternative energy integration, modular infrastructure design, and high-uptime remote site operations. Leads AetrisCore's operational and technical direction.
Sergey Toni
Co-Founder & Chief Strategy Officer
Investment professional with a background in financial engineering, active in real assets, fund management, and industrial investments. Co-founded a Luxembourg investment platform with UFG Asset Management, managing real estate and industrial vehicles across multiple sectors. Expanded into steel and carbon fiber processing with a focus on efficiency and long-term value creation. Partner at William Rose Family Office in Dubai, working across direct investments globally. Brings experience in capital markets and strategic partner relationships to AetrisCore.
Alexander de Meyer
Board Advisor
Over 20 years in asset and wealth management, building and managing complex financial structures for ultra-high-net-worth individuals and families. Proven track record in M&A strategy and scaling global investment platforms, including the growth of a multi-family office to $22 bn AUA and execution of a merger, sale, and NASDAQ listing. Active in investment management via family offices and personal portfolios, focused on real assets globally. Advises AetrisCore on investor relations strategy and capital structure.
SENIOR TECHNICAL TEAM
AI DATA CENTRE EXPERTISE
AetrisCore’s senior technical team has direct, real-world experience in AI data centre infrastructure, including the design, commissioning, and operation of large-scale GPU compute environments and BTC mining operations. The team has owned end-to-end responsibility for AI data centre systems, from deployment and commissioning through to multi-site operations at scale.
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