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Bitdeer reports 372% YoY Bitcoin production growth and $69M AI cloud ARR with key colocation deals underway

Market News
12 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Bitdeer Technologies Group announced a 372% year-over-year increase in Bitcoin production to 783 BTC in April 2026, driven by a self-mining hash rate surge to 65.5 EH/s. The company’s AI cloud business also showed strong momentum with annual recurring revenue (ARR) rising 60% month-over-month to about $69 million. Bitdeer is in advanced negotiations for a colocation tenant at its Tydal, Norway site, expected to unlock significant new revenue. These developments highlight Bitdeer's expanding role in both Bitcoin mining and AI infrastructure, positioning it for sustained growth.

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