ChainCatcher report: Bitcoin mining company Bitdeer has signed a five-year, approximately $400 million take-or-pay agreement covering about half the capacity of its 9.5 MW AI cloud facility in Malaysia. Bitdeer aims to increase the capacity of its AI cloud data centers to up to 350 MW by the first quarter of 2028, with an active project pipeline exceeding $2 billion.
Bitdeer Signs $400M AI Cloud Offtake Agreement in Malaysia
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Summary
Bitdeer has signed a $400 million AI and crypto off-take agreement in Malaysia, covering half of its 9.5 MW AI cloud facility under a five-year contract. The company plans to expand its AI cloud capacity to 350 MW by Q1 2028, with over $2 billion in active projects. Inflation data trends may influence future capital allocation, though no direct connection is specified.
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