Bitdeer Mines 1,190 BTC in July, Signs Co-Mining Pact with Soluna

Bitdeer Technologies Group (NASDAQ:BTDR) announced its July production and operations update, which included a new co-mining agreement with Soluna Holdings.

The company's 9.5 MW A102 facility in Malaysia is now fully committed under long-term offtake agreements, representing total expected contracted revenue exceeding $800 million.

Bitdeer's self-mining hash rate reached approximately 76.7 EH/s, while Bitcoin production rose 322% year-over-year to 1,190 Bitcoin mined in July.

The company also announced a potential $8B AI/HPC contract in Tydal and will transition its infrastructure updates from a monthly cadence to quarterly disclosures issued alongside its financial earnings releases going forward.