Bitdeer (NASDAQ: BTDR) reported July 2026 operating metrics, highlighting a $4.7 billion, 16‑year AI/HPC data center lease for its Tydal, Norway campus with a Volta subsidiary, covering 121 IT MW configured with NVIDIA GPUs and potential total contract value up to $8.0 billion with an 8‑year extension. Expected letters of credit total about $1.3 billion.

AI Cloud metrics showed 4,248 GPUs deployed, 95% utilization, 3,517 GPUs under external subscription and ARR of approximately $76 million. The AI cloud pipeline reached 141.4 MW, including the 9.5MW A102 facility in Malaysia, now fully committed under long‑term offtake agreements with expected revenue of over $800 million.

In crypto mining, Bitdeer mined 1,190 Bitcoin in July, up 322% year over year, with self‑mining hash rate of about 76.7 EH/s, co‑mining hash rate of 18.7 EH/s and total proprietary hash rate of 81.7 EH/s. Bitcoin held totaled 257. Bitdeer will shift infrastructure reporting from monthly to quarterly, aligned with earnings releases.

Loading...

Positive

• $4.7B, 16-year AI/HPC lease at Tydal, Norway, with potential total value up to $8.0B including an 8-year extension option
• $1.3B anticipated letters of credit to backstop the Tydal lease, subject to customary conditions
• A102 Malaysia 9.5MW fully committed under long-term offtake agreements, with total expected contracted revenue over $800M
• AI Cloud ARR ~$76M with 4,248 GPUs deployed and 95% utilization in July 2026
• AI cloud pipeline 141.4 MW across Malaysia, Norway and U.S. sites, all designated for NVIDIA-based platforms
• Bitcoin production 1,190 BTC in July 2026, up 322% year over year from 282 BTC
• Total proprietary hash rate 81.7 EH/s in July 2026, up from 22.5 EH/s in July 2025 and 77.9 EH/s in June 2026