Bitdeer AI Secures 60MW A103 Facility, Reaching 95% of 350MW Target
BTDR sits 42% above its 52-week low of $6.916.
Summary
Bitdeer AI signed an 8-year data center services agreement for A103, a 60MW AI Cloud facility on its existing Cyberjaya, Malaysia campus. This brings secured AI Cloud capacity to approximately 333.5MW, or 95% of its up-to-350MW target for delivery by Q1 2028. The Cyberjaya campus includes A101, A102, and A103 facilities, representing approximately 71.5MW of AI Cloud data center capacity. The 333.5MW of secured AI Cloud data center capacity is across facilities in Malaysia, Norway, and the United States. A103 is designed for liquid-cooled, rack-scale NVIDIA systems including the next-generation Vera Rubin platform, with energization expected in Q1 2028. The company cites strong demand and an active pipeline estimated to exceed $10 billion. No offtake commitments have been signed for A103 yet, so revenue is not contracted. This follows the fully sold-out A102 facility announced in August and the $4.7B Tydal, Norway lease disclosed earlier this year.
Updated with a GlobeNewswire report · What changed
Updates
· GlobeNewswire — Bitdeer AI secured an 8-year data center services agreement for a 60MW A103 facility in Cyberjaya, bringing total secured AI Cloud capacity to approximately 333.5MW by Q1 2028.
- Cyberjaya campus includes A101, A102, and A103 facilities, representing approximately 71.5MW of AI Cloud data center capacity.
- 333.5MW of secured AI Cloud data center capacity is across facilities in Malaysia, Norway, and the United States.
At the time of this announcement, BTDR was trading at $9.80 on NASDAQ in the Technology sector, with a market capitalization of approximately $2.6B. The 52-week trading range was $6.92 to $27.80. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.