Bitdeer Signs 10-Year 65.1 MW AI Computing Power Agreement, AI Project Reserves Exceed $7 Billion

Bitdeer has signed a 10-year agreement for 65.1 megawatts of AI computing power at its Johor Bahru facility, increasing its locked-in AI cloud service power to approximately 206.5 megawatts, with AI project reserves exceeding $7 billion. Bitdeer CFO Michael Potter stated that the demand for liquid-cooled racks has already surpassed supply by 2027. The company mined 990 bitcoins in June and allocated 1.93 EH/s of computing power to a 28-megawatt wind power joint mining project in Texas.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.