Bitdeer Lands $4.7B AI Lease, But Must Deliver by Year End

Bitdeer has secured a 16-year AI lease worth $4.7 billion from Volta, but it must complete a $500 million build before the contract starts generating revenue.

The agreement marks a major step in Bitdeer's expansion beyond Bitcoin mining and into AI infrastructure, where long-term leases can offer steadier revenue than crypto production.

Under the deal, Bitdeer expects average annual revenue of about $2.4 million for each megawatt delivered, which works out to approximately $290 million a year across the full project, with payments increasing 3% annually.