Bitdeer Stock Surges on AI Cloud Expansion Plans

Bitdeer Technologies Group has seen its stock price increase by 14.1% after announcing its August 2026 production results, which showed a hash rate of 84.1 EH/s under management and 1,310 Bitcoins mined.

The company also signed a new 10-year data center services agreement for its 65.1MW A202 AI Cloud facility in Johor Bahru, Malaysia, taking its secured AI Cloud capacity to about 206.5 MW across Malaysia, Norway, and the United States.

Bitdeer plans to fund GPUs for A202 largely through customer prepayments and financing against contracted cash flows, with no offtake yet signed for the Johor facilities.