Bitdeer reports 200% rise in Bitcoin production and $2.9B AI cloud backlog with major data center expansions.

Bitdeer Technologies Group announced a 200% year-over-year increase in Bitcoin production to 1,355 Bitcoins and secured over $2.9 billion in AI cloud revenue backlog through major data center expansions in Malaysia and Norway. The company acquired 200 acres near its Rockdale facility to support AI infrastructure and signed a 16-year lease for a large AI data center in Norway valued at $4.7 billion. Bitdeer's AI cloud capacity is expanding with new contracts covering significant portions of its Malaysian data centers, while collaboration with NVIDIA aims to enhance AI safety. The company plans to shift to quarterly infrastructure updates alongside financial reports.

Bitdeer Technologies Group holds a market cap of $2.10 billion and an enterprise value of $3.55 billion on Pluang as of Oct 20, 2026 03:41 WIB. The stock price is USD 8.26, showing a strong 1-day gain of 6.99%, with active trading volume at 13,520,163 shares. Despite a nearly balanced order activity between sellers and buyers, typical investors hold the stock for about 16 days on the platform, highlighting dynamic interest around Bitdeer's expanding AI and Bitcoin operations.