2 days ago, 08:26 AM
๐ข ๐๐จ๐ฆ๐ง ๐๐ก: $Bitdeer Tech(BTDR.US) Bitdeer AI Secures Five-Year $๐ฐ๐ฌ๐ฌ Million AI Data Center Contract
๐ ๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐:โค ๐๐ถ๐๐ฑ๐ฒ๐ฒ๐ฟ ๐๐ signs five-year offtake contract worth approximately $๐ฐ๐ฌ๐ฌ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป.โค Agreement covers roughly ๐ฑ๐ฌ% of Malaysia's ๐๐ญ๐ฌ๐ฎ data center capacity.โค ๐๐ญ๐ฌ๐ฎ is a ๐ต.๐ฑ๐ ๐ช liquid-cooled AI data center.โค Facility is designed for ๐ก๐ฉ๐๐๐๐ ๐๐๐ฏ๐ฌ๐ฌ ๐ก๐ฉ๐๐ณ๐ฎ deployments.โค Contracted services and associated costs begin in ๐ค๐ญ ๐ฎ๐ฌ๐ฎ๐ณ.โค Bitdeer targets ๐ฏ๐ฑ๐ฌ๐ ๐ช of AI cloud capacity by Q1 2028.โค Active AI cloud pipeline exceeds $๐ฎ ๐ฏ๐ถ๐น๐น๐ถ๐ผ๐ป, representing approximately ๐ฎ๐ฐ.๐ฑ๐ ๐ช.โค Customer prepayments are expected to cover over ๐ฑ๐ฌ% of associated capital expenditure.โค Bitdeer is negotiating additional contracts for remaining ๐๐ญ๐ฌ๐ฎ and other capacity.๐ ๐ช๐ต๐ ๐ง๐ต๐ถ๐ ๐ ๐ฎ๐๐๐ฒ๐ฟ๐:โค Five-year contract provides ๐น๐ผ๐ป๐ด-๐๐ฒ๐ฟ๐บ revenue visibility for Bitdeer's AI expansion.โค Pre-contracting capacity can reduce ๐ฐ๐ฎ๐ฝ๐ถ๐๐ฎ๐น ๐ฟ๐ถ๐๐ธ before facilities become operational.โค $๐ฎ+ ๐ฏ๐ถ๐น๐น๐ถ๐ผ๐ป pipeline signals substantial demand for Bitdeer's AI infrastructure.โค ๐๐๐ฏ๐ฌ๐ฌ deployment expands Bitdeer's exposure to high-performance AI cloud computing.๐ ๐๐ ๐ฝ๐ฒ๐ฟ๐ ๐ฆ๐๐ฎ๐๐ฒ๐บ๐ฒ๐ป๐:๐ ๐ถ๐ฐ๐ต๐ฎ๐ฒ๐น ๐. ๐ฃ๐ผ๐๐๐ฒ๐ฟ, Chief Financial Officer:"Roughly half of A102 is contracted ahead of energization, on a long term offtake commitment basis, with a customer of high credit quality. Our active pipeline for AI cloud capacity now exceeds $2 billion."The copyright of this article belongs to the original author/organization.
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