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Bitdeer Technologies Group · BTDR · 6-K · Filed

Signs 16-year Norway AI data center lease worth $4.7B

BTDR
6-K
Contracts

Source: SEC EDGAR, accession 0001213900-26-100537

What did Bitdeer Technologies Group announce?

Bitdeer's August update disclosed a 16-year AI/HPC lease at its Tydal, Norway campus with ~$4.7B total contract value, plus full contracting of its 9.5 MW A102 Malaysia facility.

Key details

  • Tydal, Norway AI/HPC lease runs 16 years with ~$4.7B total contract value over the initial base term, potentially ~$8.0B if the tenant exercises its one-time 8-year extension
  • A102 facility in Malaysia (9.5 MW) is 100% contracted ahead of energization, representing more than $800M in total expected revenue, with revenue recognition expected to begin Q1 2027
  • Executed a 10-year data center services agreement adding 65.1 MW at the A202 Johor campus, scaling total campus AI Cloud capacity to 86.8 MW
  • August Bitcoin production rose 249% Y/Y to 1,310 BTC; self-mining hash rate reached ~79.9 EH/s, while BTC held fell to 61 from 257 in July

Why it matters

This 6-K reports a material contract at Bitdeer Technologies Group. The likely share-price reaction reads as positive.

Bullish

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