Bitdeer Announces New Johor AI Facility and $7 Billion Cloud Pipeline Estimate
Data center operator Bitdeer (NASDAQ: BTDR) has signed a 10-year data center services agreement for its new A202 facility in Johor Bahru, Malaysia. The 65.1MW AI cloud site is expected to become operational by Q3 2027 and will expand the company's secured capacity at the campus to approximately 86.8MW when combined with a neighboring 21.7MW A201 facility set for January 2027 activation. Bitdeer currently has no signed offtake commitments for either new site, but it estimates its active AI cloud pipeline exceeds $7 billion in potential contract value based on ongoing commercial discussions. The company plans to finance GPU purchases primarily through customer prepayments and expects the A202 facility's economics to be similar to those of an existing 9.5MW Malaysia data center that has generated over $84 million per MW across five-year contracts. The new Johor facilities will leverage shared infrastructure from earlier projects, allowing Bitdeer to accelerate development timelines while focusing on liquid-cooled NVIDIA systems at rack scale.
Tickers: $BTDR
Topics: AI infrastructure capacity expansion data centers GPU cloud services