Bitdeer bitcoin output rises 249% Y/Y, expands AI capacity

Bitdeer Technologies Group (NASDAQ: BTDR) mined 1,310 bitcoins in August 2026, a 249% increase from 375 bitcoins in August 2025, according to the company's unaudited monthly operations update.

The Singapore-based company reported a self-mining hash rate of 79.9 EH/s and a co-mining hash rate of 21.6 EH/s, bringing total proprietary hash rate to 84.1 EH/s. The company held 61 bitcoins at month-end, down from 257 in July 2026.

On the AI cloud side, Bitdeer reported an annualized revenue run rate of approximately $86 million as of August 2026, up from approximately $76 million in July. The company deployed 4,328 GPUs at a 92% utilization rate, with 3,998 GPUs under external subscription.

Bitdeer said it secured 100% contracted GPU capacity for its 9.5 MW A102 facility in Malaysia ahead of energization, representing more than $800 million in total expected revenue. Revenue recognition for the facility is expected to begin in Q1 2027. The company also executed a 10-year data center services agreement for an additional 65.1 MW at its A202 facility on its Johor campus, bringing total campus AI cloud capacity to 86.8 MW.

The company signed a non-binding letter of intent to develop an AI data center in Bhutan's Gelephu Mindfulness City, targeting an initial 30 MW of renewable capacity with a potential expansion to 500 MW.

Bitdeer also acquired 200 acres near its existing 563 MW Rockdale, Texas facility for potential AI and high-performance computing infrastructure development.

The company's total AI cloud pipeline stands at 206.5 MW across facilities in Malaysia, Norway, and the United States. Bitdeer said it will shift infrastructure reporting from a monthly to a quarterly cadence, aligned with financial earnings releases.

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