Bitdeer secures $1.7B in AI data center contracts in Malaysia

Bitdeer Technologies Group has secured $1.7 billion in AI data center contracts in Malaysia, covering 70% of its 21.7MW A201 data center in Johor Bahru. The commitments bring the company's total AI Cloud revenue backlog to approximately $2.9 billion, with additional data services agreements securing 67MW at its A901 data center and 60MW at its A103 data center.

The company also announced a 16-year lease for its Tydal, Norway campus with a total contract value of approximately $4.7 billion, including an option for an eight-year extension.

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