Bitdeer AI Adds 67MW Malaysia Campus, Secured Capacity Hits 273.5MW; Pipeline Tops $10B
BTDR sits 43% above its 52-week low of $6.916.
Summary
Bitdeer AI signed a 10-year data center services agreement for A901, a 67MW AI data center campus in Malaysia, its third Malaysian hub. This brings secured AI Cloud capacity to approximately 273.5MW, or 78% of its 350MW target for delivery by Q1 2028. Delivery of A901 capacity is targeted to begin in Q1 2027, with full 67MW by Q2 2027. The company also disclosed that its active AI Cloud pipeline now exceeds $10 billion, up from prior disclosures. No offtake commitments have been signed for A901 yet, but demand for uncontracted capacity remains strong. This follows the recent A103 facility announcement and a $100M buyback authorization, underscoring aggressive expansion in AI infrastructure.
At the time of this announcement, BTDR was trading at $9.90 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 8 out of 10. Source: GlobeNewswire.