Bitdeer Expands AI Cloud Capacity by 65.1 MW in Malaysia

Bitdeer, a bitcoin mining and data‑center operator, signed a 10‑year agreement to build a 65.1 MW AI facility (A202) at its existing campus in Johor Bahru, Malaysia. The new site, slated for energization in Q3 2027, brings the company’s secured AI Cloud capacity to roughly 206.5 MW across Malaysia, Norway and the United States.

AI Infrastructure Strategy

The A202 facility will host liquid‑cooled, rack‑scale Nvidia systems, including GB300 NVL72 and Vera Rubin platforms. It will support GPU cloud services and data hosting, leveraging power and cooling assets originally built for bitcoin mining.

Financial Outlook

• Bitdeer’s AI Cloud pipeline now exceeds $7 billion in potential contract value.
• The company targets 350 MW of AI capacity by the first quarter of 2028, making the new addition about 59 % of that goal.
• Per‑megawatt economics are expected to mirror the A102 facility, where 9.5 MW is tied to over $800 million in projected five‑year revenue.
• Customer pre‑payments are planned to cover more than half of GPU‑related capital expenditures.

Continued Bitcoin Mining

Bitdeer remains active in bitcoin mining, producing 990 BTC in June (a 7.5 % month‑over‑month increase) and committing 1.93 EH/s of hash power to a 28 MW wind‑powered co‑mining project in Texas.

Industry Context

The expansion reflects a broader trend of bitcoin miners repurposing their high‑energy infrastructure for AI and high‑performance computing, seeking more predictable revenue streams than those tied solely to cryptocurrency price cycles.