# Bitdeer's Bitcoin Output Rises as AI Cloud Business Expands Bitdeer reports growth in bitcoin mining and AI cloud services. - **Source:** [Bitcoin News](https://brifing.si/source/d8aeaf1e-9839-4dad-9d25-7a6bf3fbeef8) - **Published:** 2026-07-23 - **Topic:** [Business](https://brifing.si/c/business) - **Original article:** - **On Brifing:** https://brifing.si/s/c769cdfe-fbfe-49d0-80e0-9947e2cb85af ## Bitdeer'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. ## Growth 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. ## New 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. ## Data 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. ## Balancing 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. ## Financial 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. ## Sources covering this story - https://news.bitcoin.com/bitdeers-bitcoin-output-climbs-to-990-as-ai-cloud-run-rate-reaches-76m/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._