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

cointelegraph2026-08-20 tarihinde yayınlandı2026-08-20 tarihinde güncellendi

Özet

Bitcoin mining firm Bitdeer's AI division, Bitdeer AI, has secured a five-year deal for about 50% of the capacity at its upcoming A102 Malaysia facility. Signed with an undisclosed "high credit quality" customer, the agreement is projected to generate approximately $400 million in total revenue, starting in Q1 2027. This is part of Bitdeer's expansion into AI cloud infrastructure, with a target of 350 megawatts of AI data center capacity by Q1 2028. The company, following other Bitcoin miners diversifying into AI, recently signed a major lease in Norway. Bitdeer's stock rose following the announcement.

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.

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İlgili Sorular

QWhat is the total value of the AI cloud computing deal signed by Bitdeer AI for its Malaysia facility, and how long is the contract?

AThe AI cloud computing deal signed by Bitdeer AI for its Malaysia facility is valued at approximately $400 million in total revenue, and it is a five-year contract.

QAccording to the article, what percentage of the A102 Malaysia facility's capacity does the new customer deal cover?

AThe new customer deal covers about 50% of the capacity of the A102 Malaysia facility.

QWhen is the revenue from Bitdeer's Malaysia deal expected to begin, and what is the company's AI capacity target for early 2028?

AThe revenue from the deal is expected to begin in the first quarter of 2027. Bitdeer AI is targeting 350 megawatts of AI cloud data center capacity by the first quarter of 2028.

QBesides Bitdeer, name two other Bitcoin mining companies mentioned in the article that have expanded into AI infrastructure.

ATwo other Bitcoin mining companies mentioned that have expanded into AI infrastructure are MARA Holdings and Hut 8. (Other examples from the article include TeraWulf and IREN).

QWhat was the reported impact of the announcement on Bitdeer's stock price?

ABitdeer's stock price rose 7% on Wednesday and nearly 6% in pre-market trading on Thursday following the announcement.

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