Bitdeer mined 990 BTC in June, with AI cloud run rate reaching $76M

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Bitdeer Technologies Group mined 990 BTC in June, a 7.5% increase from May and 388% higher than June 2024. The company’s mining node hash rate reached 73 EH/s by June 30, up from 70.2 EH/s in May. Bitdeer’s AI Cloud annualized revenue reached $76 million, up from $69 million in May, with GPU utilization at 95%. Hash function efficiency continues to drive strong operational performance.

Odaily Planet Daily reports: In June, Bitcoin mining company Bitdeer Technologies Group mined 990 bitcoins, a 7.5% increase from 921 in May and a 388% increase compared to 203 in the same period last year. As of the end of June, its self-operated mining hash rate reached 73 EH/s, up from 70.2 EH/s in May and 16.5 EH/s a year ago. Bitdeer increased its self-operated mining machine count by 12,000 units to 243,000 in June and operated an additional 56,000 of its own mining machines at third-party data centers under co-mining arrangements, with related hash rate rising 59% month-over-month to 15.9 EH/s. As of the end of June, the company held 150 bitcoins, down from 171 at the end of May. Bitdeer stated that its AI Cloud annualized revenue run rate increased from $69 million in May to approximately $76 million, with GPU utilization rising from 90% to 95% and the number of externally subscribed GPUs increasing from 3,305 to 3,517. This run rate is calculated by annualizing daily revenue from active GPU contracts at month-end and does not constitute recognized annual revenue or revenue guidance. Bitdeer has completed customer delivery for a five-year GPU cloud contract, including deployment of two NVIDIA GB300 NVL72 clusters. The company has also signed a 10-year lease for a data center in Johor Bahru, Malaysia, providing 21.7 megawatts of IT capacity, scheduled for delivery in the first quarter of 2027, and supporting 128 NVIDIA GB300 NVL72 systems.

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