Bitdeer Tech Stock Surges 14% on Strong Production Results and Data Center Deal

Bitdeer Technologies Group's stock price has surged 14.1% after the company announced its August 2026 production results, which showed a significant increase in hash rate and Bitcoin mining.

The company reported that it managed 84.1 EH/s of hash rate under management and mined 1,310 Bitcoins during the period. Additionally, Bitdeer Technologies Group signed a new 10-year data center services agreement for its 65.1MW A202 AI Cloud facility in Johor Bahru, Malaysia.

The agreement is expected to lift the company's secured AI Cloud capacity to about 206.5 MW across Malaysia, Norway, and the United States, taking it more than halfway to its 350 MW target for early 2028.

Bitdeer Technologies Group plans to fund GPUs for A202 largely through customer prepayments and financing against contracted cash flows, without adding unsustainable leverage or dilution.