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Thursday, Sep 17, 2026
1 story1 NEWBitdeer Signs $4.7 Billion Norway AI Lease and Boosts August Bitcoin Mining 249% AI Sep 17, 4:43 AM EDT 3/3
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NEWBitdeer Signs $4.7 Billion Norway AI Lease and Boosts August Bitcoin Mining 249%
AI Sep 17, 4:43 AM EDT 3/3
Annual recurring revenue for AI cloud services reached approximately $86 million, with 4,328 GPUs deployed and 3,998 under external subscription. Bitdeer produced 1,310 bitcoin in August, a 249% increase year over year, utilizing a self-mining hashrate of 79.9 EH/s and a co-mining hashrate of 21.6 EH/s.
A 16 year data center lease in Norway provides an initial contract value of $4.7 billion, with potential value reaching $8 billion through an 8 year extension. Bitdeer also signed a 10 year agreement adding 65.1 MW to its Johor A202 facility and contracted 100% of the GPU capacity at its 9.5 MW Malaysia A102 site for $800 million in revenue starting in the first quarter of 2027.