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Bitdeer AI Advances AI Cloud Build-Out in Malaysia and Targets up to 350MW of AI Cloud Data Center Capacity by Q1 2028

BTDR
  • Bitdeer AI, a preferred NVIDIA Cloud Partner, announced deployment of NVIDIA GB300 NVL72-based capacity at its A102 data center in Malaysia.
  • Approximately 50% of the A102 facility's capacity has been contracted ahead of energization under a 5-year offtake agreement with a high-credit-quality customer.
  • The A102 contract carries total expected revenue of approximately $400 million, with customer prepayments covering more than 50% of associated capital expenditure.
  • The 9.5MW A102 site is a liquid-cooled, multi-customer facility purpose-built for rack-scale NVIDIA GB300 NVL72 deployments.
  • Bitdeer AI targets 350MW of AI Cloud data center capacity to be delivered by the first quarter of 2028.
  • The company's active pipeline for AI cloud capacity exceeds $2 billion, representing approximately 24.5MW, with active negotiations ongoing for the remaining A102 capacity.
  • Revenue from the A102 contract is not expected to impact 2026 financials, with services commencing in the first quarter of 2027.
  • Bitdeer AI funds its development through customer prepayments, operating cash flow, and financing secured against contracted cash flows.