Bitdeer's Bitcoin Output Rises as AI Cloud Business Expands
Bitdeer reports growth in bitcoin mining and AI cloud services.
1Bitdeer's Bitcoin Production Increases
Bitdeer mined 990 bitcoin in June, marking a 7.5% increase from the previous month. The company is boosting its production capacity using proprietary mining machines while also expanding its AI cloud business.
2Growth in AI Cloud Business
Bitdeer's AI cloud annualized revenue run rate reached $76 million. GPU utilization rose to 95%, and the number of GPUs under external subscription increased. This reflects the company's successful investments in AI.
3New Manufacturing Facility
Bitdeer began construction on a $36 million manufacturing plant in Nevada. The facility is expected to be completed by year-end with a capacity to produce 10,000 machines per month, supporting its mining expansion strategy.
4Data Center in Malaysia
Bitdeer signed a 10-year lease for a data center in Johor Bahru, Malaysia. Scheduled for handover in Q1 2027, the center will support 128 Nvidia GB300 NVL72 systems, expanding the company's AI infrastructure footprint.
5Balancing Bitcoin and AI
Bitdeer's AI cloud revenue remains small compared to bitcoin mining. However, the company is evaluating shifting portions of its power portfolio from mining to AI cloud or colocation use, a potential growth strategy.
6Financial Performance and Market Response
Bitdeer reported a $159.5 million net loss in Q1. Despite this, its shares rose 9.7% to close at $12.48, reflecting investor confidence in its growth potential in bitcoin and AI sectors.
Original article: Bitcoin News — Bitdeer Bitcoin Üretiminde Artış ve AI Bulut Büyümesi