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Bitdeer AI Signs Five-Year $400 Million Malaysia AI Cloud Agreement for A102 Capacity

Bitdeer’s Malaysia AI Offtake

Bitdeer AI signed a five-year customer agreement expected to generate about $400 million from roughly half of its A102 data center capacity in Malaysia, with services scheduled to begin in the first quarter of 2027.

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Consistent coverage

Where the coverage agrees

Most outlets agree on the $400m five-year Malaysia AI cloud offtake; differences are small.

At a glance

  1. Bitdeer AI signed a five-year offtake deal worth about $400 million for Malaysia A102.
  2. Covers roughly 50% of the 9.5 MW A102 facility.
  3. Revenue to begin in early 2027; target 350 MW AI capacity by 2028.

The contract covers about 50% of the A102 site’s available capacity before the facility has been energized, and Bitdeer described the undisclosed customer as being of “high credit quality.”

Bitdeer AI said the agreement was signed on August 19, 2026, and it framed the deal as giving its AI business a contracted customer for a large portion of the Malaysian facility before commercial operations begin.

The company also tied the Malaysia project to a broader target of reaching 350 megawatts of AI cloud data center capacity by the first quarter of 2028, placing the offtake within a multi-year buildout.

In parallel, Bitdeer’s AI expansion is positioned alongside its earlier Norway move, where it signed a 16-year lease valued at $4.7 billion for 121 megawatts of AI computing capacity in Norway.

Prepayments and Pipeline

Multiple outlets tied the Malaysia deal’s structure to customer prepayments, saying the unnamed customer will prepay more than 50% of the associated capital expenditures under Bitdeer’s standard contract structure.

Blockspace Media quoted Bitdeer Chief Financial Officer Michael G. Potter saying, "Facility A102 is one of the first of several AI cloud sites we expect to contract and bring online," as the company highlighted discipline in deploying capital.

In the same coverage, Potter added that "Roughly half of A102 is contracted ahead of energization," on a long term offtake commitment basis with a customer of high credit quality.

The deal timing was also emphasized, with revenue and associated costs expected to begin in the first quarter of 2027 when services commence, and Bitdeer expecting no revenue contribution in 2026.

Beyond A102, Bitdeer AI’s active pipeline was described as exceeding $2 billion, representing about 24.5MW, and the company said it was negotiating contracts for the uncommitted portion of A102 and capacity at other sites.

What Comes Next for BTDR

The Malaysia offtake is presented as a financing and execution milestone for Bitdeer AI, because the contract is not expected to contribute revenue in 2026 while services start in the first quarter of 2027.

Bitdeer’s broader AI buildout is framed around a 350 MW target by the first quarter of 2028, with the A102 deal covering about half of the 9.5 MW facility and leaving the remaining capacity to be contracted.

The company’s funding approach was described as combining customer prepayments, operating cash flow, and financing secured against contracted cash flows, with the Malaysia agreement serving as an example of that model.

In parallel, Bitdeer’s Norway lease was described as carrying about $4.7 billion in contracted revenue over its initial term, and it was developed in two phases with the first scheduled to begin operations at the end of 2026 and the second targeted for the first quarter of 2027.

Market-focused coverage also linked the announcement to Bitdeer’s stock movement, saying Bitdeer’s stock price rose 7% on Wednesday and nearly 6% in pre-market trading on Thursday, changing hands at $10.2 a share as of 12:16 pm UTC, according to Yahoo Finance data.

Explore the original reporting

Compare all 12 sources

How each outlet frames it

Every outlet we compared, the headline it ran, and a link to the original article.

Other

bitcoin.es
bitcoin.es

Bitdeer signs a $400 million deal for AI cloud computing at its Malaysia facility

20 August, 2026

Blockspace Media
Blockspace Media

Bitdeer contracts half of 9.5MW Malaysia AI facility under $400 million deal

19 August, 2026

cointelegraph.es
cointelegraph.es

Bitdeer signs a $400 million AI cloud computing agreement for a Malaysia facility.

20 August, 2026

Crypto News
Crypto News

Bitdeer secures $400 million AI contract for Malaysia facility

20 August, 2026

Securities.io
Securities.io

Bitdeer Contracts $400 Million of Malaysia AI Capacity in 350MW Build-Out

19 August, 2026

StocksToTrade
StocksToTrade

BTDR Stock Eyes AI Cloud Future After Malaysia Deal

20 August, 2026

The Cryptonomist
The Cryptonomist

Bitdeer AI Cloud Deal Locks In $400M Before Malaysia Site Even Powers On

20 August, 2026

Western Alternative

Bitget
Bitget

Bitdeer AI signs 5-year offtake deal worth about $400 million for Malaysia A102 capacity

19 August, 2026

Cointelegraph
Cointelegraph

Bitdeer signs $400M AI cloud computing deal for Malaysia facility

20 August, 2026

Crypto Briefing
Crypto Briefing

Bitdeer locks in $400M five-year offtake deal for AI cloud facility in Malaysia

20 August, 2026

DiarioBitcoin
DiarioBitcoin

Bitdeer asegura USD $400 millones para su nube de IA en Malasia

20 August, 2026

TradingView
TradingView

Bitdeer signs $400M AI cloud computing deal for Malaysia facility

20 August, 2026

Read stored source text: bitcoin.es

Bitdeer signs a $400 million deal for AI cloud computing at its Malaysia facility Bitdeer, a prominent player in the Bitcoin mining sector, has announced a transformative $400 million deal for artificial intelligence (AI) cloud computing services. This five-year contract underscores a significant strategic diversification for the company, which seeks to capitalize on the growing demand for AI infrastructure. The agreement will focus on the development and operation of AI computing capabilities at its Malaysia facility, marking a major milestone in Bitdeer’s evolution beyond its traditional cryptocurrency mining operations. The deal, representing a substantial investment and a long-term commitment, is designed to generate revenue for Bitdeer starting in early 2027. That revenue start date aligns with the timeline for constructing and expanding the infrastructure needed to support the demanding AI workloads. The company is preparing for a massive deployment of resources, signaling the scale of its ambition in this new sector. The $400 million financing not only ensures future cash flow but also provides the capital necessary to expand its technology footprint. A key objective of this ambitious project is to reach an AI cloud computing capacity of 350 megawatts (MW) by 2028. This figure is substantial and would position Bitdeer as a major provider of infrastructure for training and inference of large-scale AI models. The 350 MW capacity is indicative of the computational power required for the most advanced AI applications, including large language models (LLMs) and other emerging technologies driving the AI revolution. Bitdeer’s foray into AI cloud computing reflects a broader trend among cryptocurrency mining companies, which are seeking to diversify their revenue streams and leverage their existing assets. Bitcoin mining facilities, with access to large-scale energy, robust cooling systems, and data center management expertise, are well positioned to pivot or expand into supporting AI workloads. This strategy not only mitigates the inherent volatility of the cryptocurrency market but also opens new growth avenues in a booming tech sector. This strategic move also highlights the growing convergence between blockchain infrastructure and the AI ecosystem. As demand for computational power for AI development surges, companies like Bitdeer are finding synergies between their existing operations and the needs of the AI market. Choosing Malaysia as the location for this expansion underscores the rising importance of Southeast Asia as a hub for technology and data centers, attracting significant investments in digital infrastructure. The $400 million deal is not just a financial transaction; it is a statement of intent by Bitdeer regarding its long-term vision. By committing to a 350 MW capacity by 2028, the company is positioning itself to be a key player in the future of AI computing. This step will not only strengthen its financial position but also deepen its integration into global tech infrastructure beyond the confines of the digital asset space.

Read stored source text: Bitget

Bitget App Trade smarter Open [](https://www.bitget.com/) HomepageSign up Bitget> News> Bitdeer AI signs 5-year offtake deal worth about $400 million for Malaysia A102 capacity Bitdeer AI signs 5-year offtake deal worth about $400 million for Malaysia A102 capacity !ReutersReuters2026/08/19 13:25 Bitdeer Technologies Group contracted about 50% of its 9.5MW A102 AI cloud facility under a 5-year offtake commitment. Total expected revenue from the contract is about USD 400 million; services are scheduled to start in Q1 2027. Customer prepayments are expected to cover more than 50% of related capital expenditure under Bitdeer’s standard contract structure. A102 is in Malaysia; it is designed for rack-scale NVIDIA GB300 NVL72 deployments. * Bitdeer targets up to 350MW of AI cloud data center capacity by Q1 2028; the active AI cloud pipeline exceeds USD 2 billion. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bitdeer Technologies Group published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein. Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions. Understand the market, then trade. Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now! You may also like Amazon (AMZN.US): Prime Video plans to invest $2 billion in Latin America between 2027 and 2030. 智通财经•2026/08/20 17:46 Amazon (AMZN.US): By 2030, the number of local original titles on Prime Video will more than double, with over 25 local original productions to be released in 2027 alone. 智通财经•2026/08/20 17:46 Google (GOOG.US): Gemma model downloads surpass 1 billion. 智通财经•2026/08/20 17:11 Citi lowers short-term outlook for the US dollar, warning that US Treasury repos and political risks will put pressure on the exchange rate 智通财经•2026/08/20 17:06 Trending news More 1 Amazon (AMZN.US): By 2030, the number of local original titles on Prime Video will more than double, with over 25 local original productions to be released in 2027 alone.2 Google (GOOG.US): Gemma model downloads surpass 1 billion. Crypto prices More How to buy BTC Bitget lists BTC – Buy or sell BTC quickly on Bitget! Trade now Become a trader now?A welcome pack worth 6200 USDT for new users! Sign up now [](https://www.bitget.com/) Trade smarter

Read stored source text: Blockspace Media

Bitdeer AI, the cloud infrastructure unit ofBitdeer (NASDAQ: BTDR),contractedapproximately half of its 9.5MW A102 facility in Malaysia before energization, the company said Wednesday. The five-year offtake commitment carries about $400 million of expected revenue. Services under the contract are scheduled to begin in Q1 2027, with revenue and associated costs starting then. Bitdeer expects no revenue contribution from the agreement in 2026 and did not identify the customer, which it described as highly creditworthy. A102 is a liquid-cooled, multi-tenant facility intended for NVIDIA GB300 NVL72 deployments at rack scale. The site can provide GPU cloud services or data hosting and accounts for 9.5MW of Bitdeer AI’s target of up to 350MW in delivered data center capacity by the first quarter of 2028. Stay ahead of AI infrastructure deals. Get Blockspace in your inbox. Bitdeer said it generally structures AI cloud contracts with customer prepayments covering more than 50% of the associated capital expenditure. Customer prepayments and operating cash flow would provide part of the funding for its broader capacity target. Bitdeer also expects to raise financing secured against contracted cash flows. The company reported an active AI cloud pipeline exceeding $2 billion, representing about 24.5MW. It is negotiating contracts for the uncommitted portion of A102 and capacity at other sites, although contract value per MW varies with service mix, duration and location. “Facility A102 is one of the first of several AI cloud sites we expect to contract and bring online, and the terms we secured here are a good indication of the discipline we apply to deploying capital,” Bitdeer Chief Financial Officer Michael G. Potter said. The Malaysian project follows Bitdeer’s10-year lease for a 21.7MW AI cloud facility in Johor Bahru, which is scheduled for handover and energization in the first quarter of 2027. Bitdeer also operated an 11MW facility in Cyberjaya as of July and was targeting a separate 9.5MW Cyberjaya expansion for the fourth quarter of 2026. Bitdeer has alsosigned a colocation lease covering 121 IT MW in Tydal, Norway with a 16-year term. That agreement provides approximately $4.7 billion of scheduled lease and service payments, assuming full performance, at an average initial-term rate of about $202 per kW-month with 3% annual escalators. Stay ahead of AI infrastructure deals. Get Blockspace in your inbox. Bitdeer classified the 350MW target, A102 revenue timing and $2 billion pipeline as forward-looking. The company identified equipment schedules and site readiness among the risks to delivery. Power availability, financing costs, customer performance and final contract terms could also affect the build-out. Where Wall Street meets energy and AI infra! Daily podcasts and news on AI infrastructure.

Read stored source text: Cointelegraph

Bitdeer signs $400M AI cloud computing deal for Malaysia facility Bitdeer expects revenue from the five-year agreement to begin in early 2027 as it builds toward 350 megawatts of AI cloud capacity by 2028. Bitcoin mining company Bitdeer’s artificial intelligence (AI) division, Bitdeer AI, signed a five-year customer deal covering about 50% of the capacity of its A102 Malaysia facility before its energization. The deal was signed with an undisclosed customer of “high credit quality” and is expected to bring approximately $400 million in total revenue, Bitdeer revealed in a Wednesday announcement. Revenue and associated costs are expected to begin in the first quarter of 2027 when services commence. Bitdeer AI is targeting 350 megawatts of AI cloud data center capacity by the first quarter of 2028. Bitdeer is among the Bitcoin miners that expanded into AI infrastructure and high-performance computing to diversify revenue streams. Earlier in August, Bitdeer signed a 16-year lease valued at $4.7 billion for 121 megawatts of AI computing capacity in Norway. Other Bitcoin miners that expanded into AI infrastructure include MARA Holdings, TeraWulf, Hut 8 and IREN. Bitdeer’s stock price rose 7% on Wednesday and nearly 6% in pre-market trading on Thursday, changing hands at $10.2 a share as of 12:16 pm UTC, according to Yahoo Finance data. Magazine: Bitcoiners turn to dice throws as self-custody setups are re-evaluated

Read stored source text: cointelegraph.es

Bitdeer expects five-year deal revenue to start in early 2027 as it moves toward an AI cloud capacity of 350 megawatts by 2028. Bitdeer’s Bitcoin mining company Bitdeer, its artificial intelligence division Bitdeer AI, signed a five-year agreement with a client covering about 50% of the capacity of its A102 facility in Malaysia before it becomes operational. The agreement was signed with an undisclosed high-credit-quality client and is expected to generate approximately $400 million in total revenue, Bitdeer disclosed in a release. Revenue and associated costs are expected to begin in the first quarter of 2027 when services commence. Bitdeer AI aims to reach a cloud AI data center capacity of 350 megawatts by the first quarter of 2028. Bitdeer is among Bitcoin miners that have expanded into AI infrastructure and high-performance computing to diversify their revenue sources. In early August, Bitdeer signed a 16-year lease valued at $4.7 billion for AI compute capacity of 121 megawatts in Norway. Other Bitcoin miners that have expanded into AI infrastructure include AMARA Holdings, TeraWulf, Hut 8, and IREN. Bitdeer’s stock rose 7% on Wednesday and nearly 6% in pre-market trading on Thursday, changing hands at $10.20 per share at 12:16 p.m. UTC, according to Yahoo Finance data. Magazine: Bitcoiners turn to dice-rolling as they reassess self-custody setups.

Read stored source text: Crypto Briefing

Via bitdeer.com Bitdeer locks in $400M five-year offtake deal for AI cloud facility in Malaysia The former Bitcoin mining company continues its aggressive pivot to AI infrastructure with a deal covering half its new liquid-cooled data center Bitdeer Technologies just secured roughly $400 million in contracted revenue for its AI cloud business, signing a five-year offtake agreement that covers about half the capacity at its new 9.5 MW data center in Malaysia. For a company that built its brand on Bitcoin mining, that’s a pretty emphatic statement about where it sees the future. The deal, announced on August 19, involves a high-credit-quality customer who will prepay more than 50% of the associated capital expenditures. Services are set to begin in Q1 2027, meaning the agreement won’t contribute any revenue in 2026. Inside the A102 facility The facility at the center of this deal is Bitdeer’s A102 site, a liquid-cooled AI cloud data center equipped with NVIDIA GB300 NVL72 systems. Those are NVIDIA’s latest rack-scale GPU systems designed for GPU cloud services and data hosting. The A102 facility sits at 9.5 MW total capacity, and the new deal covers approximately 50% of that. The remaining capacity is reportedly generating strong interest from additional customers, which suggests Bitdeer could layer on a second major offtake agreement for the same site. Malaysia was chosen for reasons that include robust power availability and proximity to Southeast Asia’s rapidly expanding enterprise AI market. The bigger picture: 350 MW by 2028 This single deal is just one piece of a much larger strategy. Bitdeer AI has set an ambitious target of building out up to 350 MW of AI-ready data center capacity by Q1 2028. The company plans to fund that expansion through a combination of customer prepayments, operating cash flow, and contracted financing. The prepayment structure in the Malaysia deal offers a template: get customers to front more than half the build-out costs, reducing the capital burden on Bitdeer while locking in long-term revenue. Bitdeer AI’s active pipeline currently exceeds $2 billion, representing roughly 24.5 MW of additional capacity beyond what’s already committed. Negotiations are ongoing to fill the unallocated portions of the A102 site and secure customers for other planned locations, which span a global network including facilities in the US and Norway. As a recognized NVIDIA Cloud Partner, Bitdeer occupies a preferential position in the GPU infrastructure ecosystem, with access to NVIDIA’s latest hardware. From mining rigs to GPU racks Bitdeer’s transformation from a Bitcoin mining operation to an AI infrastructure provider follows a playbook several crypto-adjacent companies have pursued. Founded in 2021 as a spin-off from Bitmain, co-founded by Jihan Wu, the company is listed on NASDAQ under the ticker BTDR and has been making this pivot incrementally. The prepayment structure deserves attention: when a customer agrees to cover more than half of capex upfront, it dramatically changes the risk profile of the project. Bitdeer isn’t speculating on whether demand will materialize. The demand already has a contract attached and money moving before the first GPU is spun up.

Read stored source text: Crypto News

Bitdeer AI has signed a five-year customer agreement expected to generate about $400 million from roughly half of its A102 data center capacity in Malaysia before the facility has been energized. - Bitdeer AI signed a five-year deal expected to generate about $400 million. - The contract covers roughly half of the capacity at its A102 Malaysia facility. - Revenue from the agreement is expected to begin in the first quarter of 2027. - Bitdeer is targeting 350 MW of AI cloud data center capacity by early 2028. Bitdeer AI said in a Wednesday announcement that the agreement covers about 50% of the A102 site’s available capacity and was signed with an undisclosed customer it described as being of “high credit quality.” Revenue from the contract, along with the costs associated with delivering the service, is expected to begin in the first quarter of 2027 when operations under the agreement start. The deal gives the Bitcoin miner’s AI business a contracted customer for a large portion of the Malaysian facility before commercial operations begin, while Bitdeer AI continues building data center capacity across several markets. Bitdeer AI has secured half of A102 capacity before launch Under the five-year agreement, the unnamed customer will use about half of the available capacity at Bitdeer AI’s A102 facility in Malaysia. Bitdeer did not disclose the customer’s identity or provide a detailed breakdown of the contract’s pricing structure. The company estimated total revenue from the agreement at approximately $400 million over its five-year term. Service is scheduled to begin during the first quarter of 2027, meaning the contract is not expected to contribute revenue or related operating costs before then. Securing a customer before energization reduces the amount of uncommitted capacity Bitdeer will need to commercialize once A102 enters operation. The company has not disclosed agreements covering the remaining capacity at the site. Malaysia is already part of Bitdeer’s AI operations. As crypto.news reported in June on, the company had been expanding AI cloud services while reviewing infrastructure across several countries for AI and colocation use. Its AI cloud annual recurring revenue stood at about $69 million during that period, according to company disclosures cited in the report. Bitdeer has set a target of reaching 350 megawatts of AI cloud data center capacity by the first quarter of 2028, placing the Malaysian agreement within a multi-year buildout that includes both cloud computing and dedicated infrastructure contracts. AI contracts are becoming a larger part of Bitdeer’s business Bitdeer began as a Bitcoin mining company but has increasingly committed capital and existing infrastructure to artificial intelligence and high-performance computing. The company still operates a large mining business, including sites in the United States, Bhutan, Norway and Ethiopia, while developing its own SEALMINER machines. Its AI business has expanded alongside those operations through GPU cloud services, data center conversions and long-duration infrastructure agreements. Earlier this month, Bitdeer signed a 16-year lease covering 121 megawatts of AI computing capacity at its Tydal campus in Norway. The agreement carries about $4.7 billion in contracted revenue over its initial term. Bitdeer said the entire 121 MW of contracted IT capacity at Tydal will be configured to run Nvidia GPUs for a leading AI lab through Volta, an Nvidia Cloud Partner. The project is being developed in two phases, with the first scheduled to begin operations at the end of 2026 and the second targeted for the first quarter of 2027. The Norwegian agreement also contains an eight-year renewal option that could increase its potential contract value to about $8 billion over 24 years, according to Bitdeer. Electricity costs are set to be reimbursed by the tenant under the lease structure. At the same time, the company has continued investing in its mining hardware operations. A July expansion included a $36 million manufacturing facility in Nevada focused on Bitcoin mining equipment, while its AI cloud and data center businesses remained separate from the production site. Bitcoin miners are locking in long AI leases Bitdeer is one of several publicly traded Bitcoin miners using existing access to power and data center sites to build businesses serving AI customers. Hut 8 and IREN announced large contracts in July, with new AI infrastructure deals adding billions of dollars in contracted revenue for both companies. Hut 8 signed its second 15-year, $9.8 billion agreement at the Beacon Point campus in Texas, while IREN announced $2.8 billion in new multi-year AI cloud contracts. Hut 8’s second contract covered another 352 MW of IT capacity, taking the tenant’s total contracted footprint at Beacon Point to 704 MW. Combined base-term contract value at the Texas campus reached $19.6 billion following the agreement. IREN, meanwhile, raised its 2026 annualized AI cloud revenue target to more than $4 billion after signing the additional contracts. The company has also been developing hundreds of megawatts of cloud capacity as it puts more of its power portfolio toward GPU-based computing. MARA Holdings has taken a different route into the same market. In July, the miner expanded its Texas footprint through an agreement to acquire a 1,200-acre powered site with planned grid capacity of up to 2 gigawatts for AI, high-performance computing and Bitcoin mining infrastructure. TeraWulf has already reached the point where its computing business produces more quarterly revenue than its Bitcoin mining operation. During the first quarter of 2026, the company generated $21 million from high-performance computing hosting compared with less than $13 million from digital asset mining, according to its first-quarter revenue results. Bitdeer shares have risen after the Malaysia deal Investors responded positively after Bitdeer disclosed the Malaysian customer agreement. Bitdeer shares rose about 7% during Wednesday trading before adding nearly 6% in Thursday pre-market trading, according to Yahoo Finance data cited in the original report. The stock was changing hands at about $10.20 as of 12:16 p.m. UTC on Thursday. Bitdeer’s latest customer contract follows its second-quarter results earlier this month, when the company reported $228.8 million in total revenue compared with $155.6 million a year earlier. The company recorded a net loss of $92.3 million for the quarter and held $496.3 million in cash, cash equivalents, and restricted cash as of June 30. Its data center portfolio continues to include both Bitcoin mining and AI facilities, with additional sites being assessed or converted for cloud and colocation workloads as capacity becomes available.

Read stored source text: DiarioBitcoin

Bitdeer, conocida por su negocio de minería de Bitcoin, aseguró aproximadamente USD $400 millones en ingresos contratados mediante un acuerdo de cinco años para cubrir cerca de la mitad de su centro de nube de IA en Malasia. El contrato incluye pagos anticipados de un cliente no revelado y refuerza la estrategia de la empresa para alcanzar 350 MW de capacidad preparada para inteligencia artificial hacia 2028. *** - El acuerdo cubre aproximadamente 50% de la capacidad de 9,5 MW del centro A102 en Malasia. - Un cliente de alta calidad crediticia pagará por adelantado más de la mitad de los gastos de capital asociados. - Los servicios y los ingresos vinculados al contrato comenzarían en el primer trimestre de 2027. Bitdeer Technologies aseguró aproximadamente USD $400 millones en ingresos contratados para su negocio de nube de inteligencia artificial mediante un acuerdo de suministro con duración de cinco años. El contrato cubre cerca de la mitad de la capacidad de su nuevo centro de datos A102, ubicado en Malasia, y marca otro paso en la transformación de una empresa reconocida originalmente por sus operaciones de minería de Bitcoin. La compañía espera comenzar a prestar los servicios durante el primer trimestre de 2027. El acuerdo se firmó con un cliente no revelado descrito como de alta calidad crediticia, según la información divulgada por Bitdeer el 19 de agosto de 2026. La estructura contempla que el cliente pague por adelantado más del 50% de los gastos de capital relacionados con el proyecto, una condición que puede reducir la presión financiera sobre la empresa mientras construye y equipa la instalación. Un contrato para la mitad del centro A102 El centro A102 tendrá una capacidad total de 9,5 MW y fue diseñado como una instalación de nube de IA refrigerada por líquido. El acuerdo anunciado cubre aproximadamente el 50% de esa capacidad, de modo que Bitdeer ya cuenta con un compromiso comercial relevante antes de energizar completamente el sitio y comenzar sus operaciones regulares. La infraestructura estará equipada con sistemas NVIDIA GB300 NVL72, una plataforma de GPU a escala de rack orientada a cargas de trabajo intensivas de inteligencia artificial. Estos sistemas pueden utilizarse para ofrecer servicios de nube de GPU y alojamiento de datos, dos segmentos que han ganado importancia a medida que empresas y desarrolladores buscan acceso a capacidad computacional especializada sin construir sus propios centros de datos. Bitdeer indicó que la capacidad restante del A102 ha despertado un interés considerable entre otros posibles clientes. Esa demanda podría permitirle negociar un segundo acuerdo importante para la misma instalación, aunque la empresa no anunció un nuevo contrato ni identificó a las partes involucradas en esas conversaciones. Malasia fue seleccionada por su disponibilidad de energía y por su cercanía con el mercado empresarial de IA del sudeste asiático, una región que la compañía considera estratégica para ampliar sus servicios. La ubicación también permite que Bitdeer conecte su infraestructura con clientes que necesitan capacidad de cómputo en un mercado regional en expansión, sin que la información divulgada detalle otros términos operativos del proyecto. Ingresos previstos a partir de 2027 El acuerdo no aportaría ingresos a Bitdeer durante 2026, porque tanto los servicios como los costos asociados comenzarían cuando la instalación entre en funcionamiento durante el primer trimestre de 2027. La previsión muestra que el valor anunciado representa ingresos contractuales acumulados a lo largo de cinco años, y no una entrada inmediata de USD $400 millones en las cuentas de la compañía. El pago anticipado de más de la mitad del gasto de capital modifica el perfil de riesgo del proyecto frente a una expansión basada exclusivamente en estimaciones de demanda. En lugar de desarrollar toda la capacidad esperando conseguir clientes después, Bitdeer puede avanzar con una parte importante del financiamiento respaldada por un compromiso comercial de largo plazo. La empresa planea combinar esos anticipos con flujo de caja operativo y financiamiento contratado para sostener su expansión en infraestructura de IA. El modelo ofrece una forma de limitar el capital que Bitdeer debe aportar directamente, aunque también vincula la ejecución del proyecto con el cumplimiento de las obligaciones técnicas y comerciales pactadas con sus clientes. La información divulgada no especificó la identidad del cliente, el precio por unidad de capacidad ni las condiciones detalladas para la prestación de los servicios. Por esa razón, el monto de USD $400 millones debe interpretarse como el valor aproximado de los ingresos totales previstos bajo el contrato, mientras que la rentabilidad final dependerá de los costos de construcción, energía, hardware y operación. La meta de 350 MW para 2028 Bitdeer AI se fijó como objetivo construir hasta 350 MW de capacidad de centros de datos preparados para nube de IA hacia el primer trimestre de 2028. El proyecto de Malasia forma parte de una estrategia más amplia que contempla instalaciones en distintos mercados y busca convertir la demanda por computación de alto rendimiento en una fuente de ingresos complementaria a la minería de Bitcoin. El oleoducto activo de Bitdeer AI supera actualmente los USD $2.000 millones y representa aproximadamente 24,5 MW de capacidad adicional más allá de la que ya está comprometida. La empresa mantiene negociaciones para asignar las partes disponibles del A102 y asegurar clientes para otras ubicaciones planificadas, aunque esos proyectos todavía no equivalen a contratos cerrados. La red prevista incluye instalaciones en Estados Unidos y Noruega, además del centro malasio. A comienzos de agosto, Bitdeer firmó en Noruega un arrendamiento de 16 años valorado en USD $4.700 millones por 121 MW de capacidad de computación de IA, un acuerdo que amplía la escala de su apuesta internacional por los centros de datos. Bitdeer también figura como socio reconocido de NVIDIA Cloud, una posición que le permite participar dentro del ecosistema de infraestructura de GPU y acceder al hardware más reciente del fabricante. Sin embargo, la disponibilidad de procesadores es solo una parte del desafío, porque la empresa debe convertir esa capacidad en contratos sostenibles, administrar el consumo energético y mantener operativos sistemas de alta densidad. El giro de la minería hacia la IA La evolución de Bitdeer refleja una tendencia entre varias compañías vinculadas con la minería de Bitcoin, que han buscado diversificar sus ingresos mediante infraestructura para inteligencia artificial y computación de alto rendimiento. La lógica empresarial parte de una coincidencia técnica: los centros que ofrecen energía, espacio y sistemas especializados pueden adaptar parte de sus recursos a cargas de trabajo distintas de la validación de transacciones de Bitcoin. Bitdeer fue fundada en 2021 como una escisión de Bitmain y fue cofundada por Jihan Wu. La empresa cotiza en Nasdaq bajo el símbolo BTDR y ha desarrollado gradualmente su transición hacia servicios de infraestructura, mientras mantiene su vínculo histórico con el sector de activos digitales. La compañía no es la única minera que explora esta oportunidad. MARA Holdings, TeraWulf, Hut 8 e IREN también aparecen entre las empresas del sector que han ampliado su actividad hacia centros de datos para IA y computación de alto rendimiento, en un intento por aprovechar una demanda que puede ofrecer contratos de mayor duración. El comportamiento bursátil mostró una reacción positiva tras el anuncio: las acciones de Bitdeer subieron 7% el miércoles y avanzaron casi 5% en las operaciones previas a la apertura del jueves, hasta cotizar en USD $10,20 por acción a las 12:16 UTC, según datos de Yahoo Finance citados por la información publicada. Ese movimiento refleja el entusiasmo del mercado, aunque no garantiza que la expansión alcance sus objetivos ni que los ingresos contratados se traduzcan automáticamente en ganancias. El acuerdo de Malasia deja a Bitdeer con una porción significativa del A102 respaldada antes de su puesta en marcha, pero el siguiente desafío será llenar la capacidad restante y ejecutar el despliegue de los sistemas NVIDIA. Si la empresa logra replicar la estructura de anticipos en otros proyectos, podría acelerar su meta de 350 MW; si no, deberá asumir una mayor carga de capital para sostener el crecimiento de su nueva división. Imagen original de DiarioBitcoin, creada con inteligencia artificial, de uso libre, licenciada bajo Dominio Público. Este artículo fue escrito por un redactor de contenido de IA y revisado por un editor humano para garantizar calidad y precisión. ADVERTENCIA: DiarioBitcoin ofrece contenido informativo y educativo sobre diversos temas, incluyendo criptomonedas, IA, tecnología y regulaciones. No brindamos asesoramiento financiero. Las inversiones en criptoactivos son de alto riesgo y pueden no ser adecuadas para todos. Investigue, consulte a un experto y verifique la legislación aplicable antes de invertir. Podría perder todo su capital.

Read stored source text: Securities.io

Bitdeer AI, the artificial intelligence cloud arm of Bitdeer Technologies Group (BTDR , has signed a five-year offtake commitment worth approximately $400 million covering roughly half of its 9.5-megawatt A102 facility in Malaysia — the first contracted building block in a build-out the company says will reach up to 350 megawatts of AI cloud data center capacity by the first quarter of 2028, according to an August 19, 2026 announcement. The deal matters less for its size than for its sequence. The customer signed ahead of energization, and Bitdeer AI says it structures these contracts so that customer prepayments are typically expected to cover more than 50% of the associated capital expenditure. That is a financing model as much as a sales one: contracted demand funds the GPUs and fit-out, operating cash flow and financing secured against contracted cash flows cover the rest, and the company develops capacity against signed paper rather than speculative square footage. What the A102 Contract Covers A102 is a liquid-cooled, multi-customer facility purpose-built for rack-scale NVIDIA GB300 NVL72 deployments, capable of delivering both GPU cloud services and data hosting from a single site. The contracted customer is described only as one of high credit quality; Bitdeer AI did not name it or disclose pricing per megawatt, noting that contract value per megawatt varies with service mix, contract duration and site. The timing splits cleanly across fiscal years, and the release states it plainly: the contract is not expected to have any revenue impact in 2026. Revenue and associated costs begin in the first quarter of 2027, when services commence. For a facility representing 9.5 megawatts of a 350-megawatt target, a $400 million five-year commitment on roughly half of it implies contract pricing well north of $80 million per megawatt over its term — though Bitdeer AI cautions that per-megawatt economics shift with what each customer actually buys. “Facility A102 is one of the first of several AI cloud sites we expect to contract and bring online, and the terms we secured here are a good indication of the discipline we apply to deploying capital,” said Michael G. Potter, Chief Financial Officer. “Roughly half of A102 is contracted ahead of energization, on a long term offtake commitment basis, with a customer of high credit quality. Our active pipeline for AI cloud capacity now exceeds $2 billion, or approximately 24.5MW.” That pipeline figure does the arithmetic for the rest of the facility. Bitdeer AI says it is in active negotiations covering the balance of A102 as well as capacity at other sites, and expects the pipeline to increase over the next several quarters. Retainna Lin, VP of AI Cloud, framed the operational side: the company entered a competitive process later than rival providers and delivered ahead of them, which she said established credibility as it pursues further contracts across its portfolio. How the Malaysia Footprint Fits the 350MW Target The A102 announcement lands on top of a Malaysia build-out that has been taking shape in Bitdeer’s operations disclosures for months. The company’s June 2026 production and operations update listed two leased Malaysia sites: a 2-megawatt facility in Cyberjaya already online and running AI cloud workloads, plus the 9.5-megawatt Cyberjaya expansion — A102 — targeted for energization in the fourth quarter of 2026. A third, larger site at Johor Bahru carries a signed 10-year lease for 21.7 IT megawatts, with handover to Bitdeer expected in the first quarter of 2027 and a planned deployment of 128 NVIDIA GB300 NVL72 systems. Between those three sites, Malaysia accounts for roughly 33 megawatts of the 350-megawatt target. The remainder sits elsewhere in the group’s portfolio. Bitdeer ended June 2026 with 3.0 gigawatts of global electrical capacity under management across the U.S., Norway, Bhutan, Canada and Ethiopia, of which about 1.8 gigawatts was online — though the bulk of that still powers the Bitcoin mining business that pays today’s bills while margins compress. The AI cloud segment itself is still small against the group’s mining revenue. The June update put AI cloud annualized recurring revenue at approximately $76 million, calculated from contractually obligated GPU orders, with 4,248 GPUs deployed running at a 95% utilization rate and 3,517 of those GPUs under external subscription. A $400 million five-year contract starting in the first quarter of 2027 would, on a straight-line basis, add roughly $80 million a year — approximately doubling that ARR base from a single facility at half occupancy. The Prepayment Model and the Cash Behind It Bitdeer AI’s stated funding stack has three layers: customer prepayments, operating cash flow, and financing secured against contracted cash flows. The prepayment layer is the distinctive one — customers funding more than half the capex of the capacity they will consume — and it echoes the credit structure on the company’s larger Tydal, Norway transaction announced August 4, 2026. That 16-year colocation lease with Volta covers 121 IT megawatts for approximately $4.7 billion in contracted revenue, an average of about $202 per kilowatt per month, with Volta’s obligations anticipated to be supported by roughly $1.3 billion in letters of credit arranged by affiliates of J.P. Morgan and another top-tier global financial institution. Bitdeer retained 47 gross megawatts at Tydal for its own AI cloud use and issued no equity or warrants in the deal. The parent company’s balance sheet gives the model some room to run. Second-quarter 2026 results, reported August 10, 2026, showed revenue of $228.8 million — up 47% from $155.6 million a year earlier — alongside a net loss of $92.3 million and $496.3 million in cash, cash equivalents and restricted cash. Purchases of property, plant and equipment ran $266 million in the quarter, which is where customer prepayments covering the majority of AI cloud capex become material to the funding equation. The prepayment-and-contract-first structure is becoming the sector’s template for converting power capacity into financeable revenue, and capital keeps following it — SoftBank’s planned Roze listing, built from ABB’s robotics arm, Ampere and DigitalBridge assets, bets on automating the construction of AI data centers rather than on committed demand. What Comes Next The dated milestones are concrete. A102 is scheduled to energize in the fourth quarter of 2026, with services and revenue from the newly signed contract commencing in the first quarter of 2027. The Johor Bahru site hands over to Bitdeer in the first quarter of 2027 under its 10-year lease. Tydal’s phase one — 50 megawatts of the 225-megawatt campus — is targeted for the fourth quarter of 2026. And the full 350-megawatt AI cloud target runs through the first quarter of 2028. The company’s own forward-looking statements attach the usual constraints: equipment delivery schedules, site readiness and power availability, financing arrangements and cost of capital, and customer performance all gate whether announced megawatts become energized, billing megawatts. The release also notes the pipeline’s contract value per megawatt varies with service mix, duration and site — so the $400 million A102 figure is a data point, not a rate card. What is now on the record is the first long-term contract inside the 350-megawatt program, signed before the power is on, with the customer funding more than half the build cost of the capacity it will use.

Read stored source text: StocksToTrade

Bitdeer Technologies Group stocks have been trading up by 8.05 percent amid heightened optimism over its expanding Bitcoin mining capacity. Key Takeaways BTDR Traders Need Now - New Malaysia AI cloud contracts add roughly $400M in five‑year revenue for BTDR and support a >$2B AI pipeline, funded partly by customer prepayments. - H.C. Wainwright reiterates a Buy and $25 target on BTDR, calling the recent selloff a chance to buy and pointing to a $4.7B Norway AI data center lease. - Q2 for Bitdeer Technologies Group brought $228.8M in revenue and a narrower‑than‑expected $0.37 per‑share loss, a modest earnings beat despite a wider year‑over‑year loss. - Multiple firms — Alliance Global, B. Riley, Benchmark — trimmed BTDR price targets but kept Buy ratings, flagging Bitcoin pressure and higher costs while seeing long‑term upside. - Customer prepayments tied to BTDR’s Malaysia AI cloud deal may ease upfront funding needs and lower the pressure for dilutive equity raises. Live Update At 12:32:26 EDT: On Thursday, August 20, 2026 Bitdeer Technologies Group stock [NASDAQ: BTDR] is trending up by 8.05%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below. Quick Financial Overview BTDR has traded like a rollercoaster this month. The daily chart shows Bitdeer Technologies Group sliding from the $12–$13 area to a low near $8.52, then snapping back above $10 in recent sessions. That bounce, including a push to $11.27 before settling near $10.41, tells traders there is active dip‑buying interest but still heavy overhead supply. Intraday, BTDR’s tape is tight. The 5‑minute chart on the latest day shows a strong open spike above $11 followed by a fade and then steady consolidation between roughly $10.35 and $10.65. For short‑term traders, that intraday range shows clear liquidity and a defined risk box. More Breaking News - Hyperliquid Strategies PURR Gains Momentum As Crypto Rules Loom - BioNTech SE Stock Jumps As Traders Refocus On Oncology Pivot - EOSE Stock Slides As Legal Probes And Earnings Miss Rattle Traders - CRCL Stock Pops As Circle Grabs IBM Blockchain Patents On fundamentals, Bitdeer Technologies Group posted Q2 revenue of $228.8M, roughly in line with Street expectations, and a loss of $0.37 per share, better than the expected $0.42 loss. Revenue is growing, but profits are not there yet. With a price‑to‑sales ratio around 3.94 and price‑to‑book near 8.84, BTDR is being priced like a high‑growth story. The balance sheet shows $149.4M in cash against sizable debt and liabilities, plus negative retained earnings, so traders need to respect financing and dilution risk even as they track the AI growth story. Why Traders Are Watching BTDR’s AI Shift The main reason BTDR is back on radar is simple: the AI pivot is becoming real revenue. Bitdeer Technologies Group, through its Bitdeer AI unit, has pre‑contracted about 50% of its new 9.5 MW A102 AI cloud facility in Malaysia. That five‑year offtake deal with an investment‑grade customer is expected to generate roughly $400M starting in 2027/01. For a company with $620.3M in trailing revenue, that is a meaningful block of high‑visibility cash flow. H.C. Wainwright is leaning into this story. The firm highlights the 4.75 MW Malaysia AI cloud contract, notes the >$2B AI capacity pipeline, and reiterates a $25 price target on BTDR. They also point to a massive $4.7B Norway AI data center lease that effectively launches Bitdeer Technologies Group’s colocation business. That Norway deal is scheduled to ramp in phases through early 2027, adding another long‑dated revenue anchor on top of the Malaysia pipeline. For traders, the funding model is just as important as the contracts. BTDR plans to use customer prepayments, operating cash flow, and project‑level financing secured against contracted cash flows to build out these AI data centers. B. Riley specifically cites this approach when it reiterates a Buy and trims its target to $21, arguing this structure helps limit equity dilution. When a name like BTDR sells off hard on dilution fears, then rolls out pre‑paid, contract‑backed projects, that can set up sharp sentiment reversals once the market believes the execution. Conclusion BTDR today is not just a crypto miner swinging on Bitcoin. Bitdeer Technologies Group is slowly morphing into a hybrid: part Bitcoin infrastructure, part contracted AI data center platform. Q2 showed both sides of that story. On one hand, revenue of $228.8M was solid and the loss of $0.37 per share beat expectations. On the other, Alliance Global called out negative gross margins tied to weak Bitcoin prices, higher depreciation from new miners, and seasonal power costs in Norway and Bhutan, even as it cut its target to $20 and kept a Buy. Across the Street, you see the same pattern. Benchmark moves from $27 to $22, B. Riley to $21, but they all keep positive ratings on BTDR. The message for traders is clear: expectations are being reset, not abandoned. The upside case hinges on execution — filling that >$2B AI pipeline, hitting the 350 MW AI capacity goal by 2028/01, and actually funding it without crushing shareholders. For active traders tracking BTDR, this becomes a classic high‑volatility education case. As Tim Sykes likes to hammer home, “Volatility is opportunity for prepared traders — but only if you respect risk and cut losses fast.” And as Tim Bohen, lead trainer with StocksToTrade says, “The best way to learn is by tracking trades, wins, losses, and lessons learned. Every trade has something to teach.” Bitdeer Technologies Group is giving the market real catalysts with Malaysia, Norway, and growing AI cloud revenues. The job now for traders is to study the charts, track the financing moves, and treat every setup in BTDR as a trading play — not a long‑term promise. This is stock news, not investment advice. StocksToTrade News delivers real-time stock market updates tailored to highlight the key catalysts driving short-term price movements. Our coverage is designed for active traders and investors who thrive in fast-moving markets, with a focus on volatile sectors like penny stocks, AI stocks, Robinhood stocks and other momentum plays. From earnings reports and FDA approvals to mergers, new contracts, and unusual trading volume, we break down the events that can spark significant price action. Looking to level up your trading game? Explore StocksToTrade, the ultimate platform for traders. With powerful tools designed for swing and day trading, integrated news scanning, and even social media monitoring, StocksToTrade keeps you one step ahead. Check out our quick startup guide for new traders! - How to Read Stock Charts: A Guide for Beginners - Trading Plan: 6 Steps to Create One - How To Create a Stock Watchlist Ready to build your watchlists? Check out these curated lists: Once your watchlist is set, take the next step and trade with confidence using StocksToTrade’s robust platform. Don’t miss out — grab your 14-day trial for just $7 and experience the edge you need to thrive in today’s fast-paced markets.

Read stored source text: The Cryptonomist

Bitdeer Technologies just locked in one of its biggest bets yet on artificial intelligence, and it has nothing to do with mining Bitcoin. The company announced a Bitdeer AI cloud deal worth roughly $400 million in contracted revenue, tied to a five-year offtake agreement that will fill half the capacity of a brand-new data center in Malaysia. For a business built on crypto mining rigs, it’s a striking signal of where the company now wants to plant its flag. Summary - Bitdeer secured approximately $400 million in contracted revenue through a five-year offtake agreement for AI cloud services. - The deal covers about 50% of capacity at Bitdeer’s new 9.5 MW liquid-cooled data center in Malaysia, known as A102. - Services begin in Q1 2027, so the agreement won’t add any revenue in 2026. - The customer will prepay more than half of the associated capital expenditures, easing Bitdeer’s upfront financial risk. - Bitdeer AI is targeting up to 350 MW of AI-ready data center capacity globally by Q1 2028, backed by an active pipeline exceeding $2 billion. The agreement, announced on August 19, gives Bitdeer a rare thing in the capital-hungry world of AI infrastructure: guaranteed revenue before the equipment even switches on. The deal was struck with what the company describes only as a customer of “high credit quality,” and it locks in nearly half a billion dollars in commitments over five years. The contract covers approximately 50% of the capacity at Bitdeer’s newly built 9.5 MW facility in Malaysia. That leaves the remaining half of the site still up for grabs, and according to the company, demand for that unallocated capacity remains strong. It’s not hard to imagine a second major customer signing on for the rest of A102 before long, given how the pipeline is shaping up elsewhere. What makes this deal notable isn’t just the dollar figure — it’s how the money moves. The unnamed customer has agreed to prepay more than 50% of the capital expenditures tied to the project. That’s a meaningful shift in risk. Instead of Bitdeer fronting the entire build-out and hoping demand shows up later, the customer is effectively co-financing the infrastructure before a single GPU rack is powered on. Chief Financial Officer Michael G. Potter framed the deal as evidence of financial discipline rather than growth for growth’s sake. “Roughly half of A102 is contracted ahead of energization, on a long term offtake commitment basis, with a customer of high credit quality,” Potter said, adding that the company’s active AI cloud pipeline “now exceeds $2 billion, or approximately 24.5MW.” Revenue won’t start flowing immediately, though. Services under the agreement are scheduled to begin in the first quarter of 2027, meaning 2026 financial results won’t reflect any contribution from this deal. That timing detail matters for investors trying to model near-term earnings against a company still primarily generating income from Bitcoin mining. The A102 site isn’t just another data center — it’s purpose-built for the newest generation of AI hardware, which is exactly why customers are lining up for capacity that hasn’t even come online yet. A102 is a liquid-cooled, multi-customer facility engineered specifically for rack-scale NVIDIA GB300 NVL72 systems, NVIDIA’s latest generation of GPU hardware built for both training and inference workloads. The site is designed to deliver GPU cloud services and data hosting from the same location, giving Bitdeer flexibility in how it packages capacity for different customers. Bitdeer picked Malaysia for reasons that go beyond convenience. The country offers strong power availability, a critical bottleneck for AI infrastructure builders everywhere right now, along with proximity to Southeast Asia’s fast-growing enterprise AI market. That combination positions A102 to serve regional demand without the grid constraints that have slowed AI data center projects in other parts of the world. A102 is just the opening move. Bitdeer’s real target is a global footprint of AI-ready infrastructure that dwarfs this single Malaysian site — and the financing model behind it is designed to scale. Bitdeer AI has set a goal of building out up to 350 MW of AI-ready data center capacity by the first quarter of 2028. That’s a massive jump from the 9.5 MW currently online at A102, and the company says it plans to fund the buildout through a mix of customer prepayments, operating cash flow, and financing secured against contracted cash flows — essentially borrowing against revenue it has already locked in rather than betting purely on future demand. Beyond the Malaysia deal, Bitdeer AI says its active pipeline for AI cloud capacity now tops $2 billion, equivalent to roughly 24.5 MW of additional capacity currently in negotiation. That pipeline spans a data center network that includes sites in the United States, Norway, Bhutan, Canada, and Malaysia. Retainna Lin, the company’s VP of AI Cloud, credited execution speed for the company’s traction, saying Bitdeer “entered a competitive process later than other providers and delivered ahead of them, enabling the customer’s business timeline and establishing our credibility as we pursue additional AI Cloud opportunities across our portfolio.” Being a recognized NVIDIA Cloud Partner gives Bitdeer preferential access to the chipmaker’s latest hardware, a status that matters enormously in a market where GPU supply often determines how fast a data center operator can actually deploy capacity. Bitdeer didn’t start out chasing AI workloads. The company was founded in 2021 as a spin-off from Bitmain, co-founded by Jihan Wu, and it built its early business entirely around Bitcoin mining. It’s now listed on NASDAQ under the ticker BTDR, and this Malaysia deal is the clearest evidence yet that the mining-to-AI pivot is no longer experimental — it’s becoming the company’s central growth strategy. That shift matters beyond Bitdeer itself. Crypto miners across the industry have been eyeing AI infrastructure as a way to repurpose power contracts and data center real estate that were originally built for mining rigs. Bitdeer’s prepayment-backed model — where a customer’s upfront cash covers more than half the build cost before revenue even starts — offers a template other mining-turned-AI companies may try to replicate, since it reduces the capital risk that has made large-scale AI infrastructure so expensive to finance. Bitdeer secured approximately $400 million in contracted revenue through a five-year offtake agreement covering about half of its 9.5 MW AI data center in Malaysia. Services under the agreement will begin in the first quarter of 2027, with no expected revenue contribution in 2026. The A102 facility is equipped with NVIDIA GB300 NVL72 rack-scale GPU systems designed for AI cloud services. Bitdeer is using customer prepayments, which cover more than half of capital expenditures, along with operating cash flow and contracted financing to fund its expansion toward 350 MW of AI-ready capacity by Q1 2028. Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

Read stored source text: TradingView

Bitdeer signs $400M AI cloud computing deal for Malaysia facility Bitcoin mining company Bitdeer’s artificial intelligence (AI) division, Bitdeer AI, signed a five-year customer deal covering about 50% of the capacity of its A102 Malaysia facility before its energization. The deal was signed with an undisclosed customer of “high credit quality” and is expected to bring approximately $400 million in total revenue, Bitdeer revealed in a Wednesday announcement. Revenue and associated costs are expected to begin in the first quarter of 2027 when services commence. Bitdeer AI is targeting 350 megawatts of AI cloud data center capacity by the first quarter of 2028. Bitdeer is among the Bitcoin miners that expanded into AI infrastructure and high-performance computing to diversify revenue streams. Earlier in August, Bitdeer signed a 16-year lease valued at $4.7 billion for 121 megawatts of AI computing capacity in Norway. Other Bitcoin miners that expanded into AI infrastructure include MARA Holdings, TeraWulf, Hut 8 and IREN. Bitdeer’s stock price rose 7% on Wednesday and nearly 6% in pre-market trading on Thursday, changing hands at $10.2 a share as of 12:16 pm UTC, according to Yahoo Finance data.