Bitdeer Secures $400M AI Cloud Computing Deal for Malaysia Facility

Bitdeer's AI division has signed a significant deal to power an undisclosed customer's operations at its Malaysia facility. The five-year agreement covers about half of the A102 facility's capacity, which is expected to generate approximately $400 million in revenue by the time services commence in Q1 2027.

The contract marks another step towards Bitdeer's goal of reaching 350 megawatts of AI cloud data center capacity by Q1 2028. This expansion into AI infrastructure comes as part of the company's strategy to diversify its revenue streams beyond Bitcoin mining.