$BTDR

Bitdeer AI Says 50% of Malaysian Data Center's Capacity Contracted Ahead of Energization

Bitdeer Technologies' (BTDR) Bitdeer AI said Wednesday that about 50% capacity of A102, its Malaysian data center build-out, has been recently contracted ahead of energization.Bitdeer AI said it has signed a five-year long-term offtake commitment with an unnamed customer, with expected revenue of about $400 million.Revenue and associated costs from the contract are expected to begin in Q1 of 2027, when services commence, the company said.Bitdeer AI further said it is targeting 350 megawatts of artificial intelligence cloud data center capacity to be delivered by Q1 of 2028.Price: $8.68, Change: $-0.32, Percent Change: -3.56%

Cantor Fitzgerald Upgrades Bitdeer Technologies to Overweight From Neutral, $15 Price Target

Bitdeer Technologies Unit Signs $4.7 Billion Data Center Contract With Volta Unit

Bitdeer Technologies' (BTDR) Bitdeer AI said Tuesday its Tydal Data Center unit signed a 16-year colocation lease and services contract worth roughly $4.7 billion with Volta's Tydal unit to supply 121 IT megawatts at its campus in Norway.An eight-year renewal option could raise the total contract value to about $8 billion, with JP Morgan (JPM) affiliates anticipated to arrange a $1.3 billion credit backstop to support Volta's obligations, the company said.Bitdeer AI said it plans to obtain debt financing to finance its infrastructure growth, including at Tydal.Shares of Bitdeer Technologies were up 6.7% in Tuesday trading.Price: $12.13, Change: $+0.76, Percent Change: +6.72%

Bitdeer Technologies Signs Colocation Lease Agreement for Norway AI Data Center

Bitdeer Technologies (BTDR) said Monday that its subsidiary, Tydal Data Center, has signed a colocation lease agreement for its artificial intelligence data center site in Tydal, Norway.The lease has not yet become effective and remains subject to the completion of certain external factors, Bitdeer said, adding that there can be no assurance that the lease will become effective.Shares of the company were down 6.9% in Monday trading.Price: $16.03, Change: $-1.12, Percent Change: -6.53%