Bitdeer Announces September 2026 Production and Operations Update
Key Highlights
- ➤A201 commitments exceed 70%, generating over $1.7B expected five-year revenue
- ➤AI Cloud revenue backlog rose to approximately $2.9B from $0.9B
- ➤Tydal Norway lease represents approximately $4.7B over an initial 16-year term
- ➤September Bitcoin production increased 200% year over year to 1,355 BTC
- ➤AI Cloud utilization rose to 95% from 92% in August
Expert Statements
Michael G. Potter, Chief Financial Officer of Bitdeer
“September demonstrated our ability to convert owned power into contracted AI Cloud revenue. Offtake commitments covering more than 70% of our A201 facility in Malaysia, representing over $1.7 billion of expected revenue over five years, bring our AI Cloud revenue backlog to approximately $2.9 billion,”
Michael G. Potter, Chief Financial Officer of Bitdeer
“Our collaboration with NVIDIA on enterprise agent safety and the land acquisition near our Rockdale site further support the platform we are building, while our Bitcoin mining business continues to benefit from increased tailwinds as pricing continues to strengthen.”
Monthly Highlights * AI Cloud: * Capacity Expansion in Malaysia: Bitdeer AI recently announced data services agreements securing 67MW of capacity at A901 data center with full delivery planned for Q2 2027 and an additional 60MW of capacity at A103 data center with delivery planned for Q1 2028. * Contracting of A201 Facility in Malaysia: Bitdeer AI announced offtake commitments covering more than 70% of our ~21.7MW A201 data center in Johor Bahru, generating >$1.7 billion in expected revenue over 5 years and boosting total AI Cloud revenue backlog to ~$2.9 billion.
* Colocation: Bitdeer recently acquired 200 acres near existing 563 MW Rockdale facility to support AI/HPC infrastructure development. * Bitcoin: Production increased 200% Y/Y to 1,355 Bitcoins. Key Metrics Summary
Get started
Create a free account to read the full story.