finance.yahoo.com

Bitdeer contracts half of Malaysia A102 AI facility under $400M deal

Bitdeer Technologies Group logoBitdeer Technologies Group
Sig2.68Sen+3.12Env-1.28Soc-0.18Gov0.00

Bitdeer AI contracted about half of its 9.5MW A102 facility in Malaysia before energization, covering services scheduled to start in Q1 2027. Bitdeer expects no revenue in 2026 and did not name the highly creditworthy customer. Contracts rely on customer prepayments for over 50% of capex, with financing secured against contracted cash flows to support its broader capacity target.

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