Odaily Planet Daily reports that Bitdeer has announced its subsidiary, Tydal Data Center AS, has signed a 16-year data center hosting and services agreement with Volta Tydal AS to provide 121 MW of IT load capacity (approximately 133 MW total power) at the Tydal AI/HPC campus in Norway, exclusively for deploying NVIDIA GPUs and serving a leading AI laboratory. The total expected contract payments over the initial term are approximately $4.7 billion, with an optional 8-year extension that could increase the potential total contract value to approximately $8 billion. (Stocktitan)
Bitdeer Signs 16-Year AI Data Center Lease Worth $4.7 Billion
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Summary
Bitdeer announced that its subsidiary, Tydal Data Center AS, has signed a 16-year data center hosting and services agreement with Volta Tydal AS. The deal includes 121 MW of IT load capacity at Norway’s Tydal AI/HPC park, dedicated to NVIDIA GPUs for a leading AI laboratory. The base contract value is $4.7 billion, with an 8-year renewal option that could increase the total to $8 billion. This move follows growing interest in AI and crypto developments, alongside evolving inflation data.
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