Bitcoin mining company Bitdeer signs a 5-year contract, with expected revenue of about $400 million
2026-08-20 20:46:49
According to CoinMeta, the AI department under Bitcoin mining company Bitdeer ( NASDAQ : BTDR ) has signed a five-year service contract, and is expected to generate approximately $400 million in revenue from some of its data center capacity in Malaysia. This client has pre-locked about half of the capacity of the 9.5 MW liquid cooling facilities A102. The related revenue and costs are expected to start being recognized in the first quarter of 2027 when delivery begins. BitXiaoLu currently has active cloud business reservation orders worth over $2 billion (about 24.5 MW), and its strategic goal is to expand the capacity of its AI cloud data center to 350 MW by the first quarter of 2028.
Bullish 0
Bearish 0
Source:The Energy Mag
This content is for market information only and does not constitute investment advice.