According to Huoxing Finance, on August 4, Bitdeer announced that its subsidiary, Tydal Data Center AS, has signed a 16-year托管租赁及服务协议 with Volta Tydal AS for an AI/HPC campus in Tydal, Norway. Bitdeer will provide 121 MW of IT capacity (approximately 133 MW total), fully configured with NVIDIA GPUs, to serve a leading AI laboratory. The contract revenue over the initial term is approximately $4.7 billion, with an additional eight-year renewal option, bringing the potential total contract value to around $8 billion. The improved gross lease rate averages approximately $202 per kilowatt per month, with electricity costs reimbursed by the tenant and including an annual 3% escalation clause. Bitdeer estimates a net operating income (NOI) margin of approximately 90%, with projected annual revenue of about $2.4 million per IT megawatt. According to BIT (bit.com) market data, Bitdeer’s U.S. pre-market shares rose 11.7% to $12.77.
Bitdeer Signs 16-Year AI Data Center Lease in Norway, Shares Rise 11.7%
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Summary
Bitdeer announced a 16-year colocation agreement in Norway for an AI/HPC campus through its subsidiary, Tydal Data Center AS. The contract encompasses 121 IT megawatts and NVIDIA GPUs, serving a leading AI laboratory. The deal is valued at $4.7 billion, with potential future value of $8 billion upon renewal. Bitdeer anticipates a 90% net margin and $2.4 million in annual revenue per IT megawatt. On-chain data reflects strong investor confidence, with shares rising 11.7% pre-market to $12.77. Inflation data remains stable, supporting long-term infrastructure investments.
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