Bitdeer signs $4.7B, 16-year AI data center lease in Norway

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Go back to Bitdeer signs $4.7B, 16-year AI data center lease in Norway

Bitdeer Announces $4.7 Billion, 16-Year AI/HPC Data Center Lease for Tydal, Norway Campus

August 4, 2026 8:00 AM EDT

Transaction Highlights

Approximately $4.7 billion in contracted revenue over the initial 16-year base-term, with the potential to reach a total contract value of $8.0 billion through a one-time 8-year lease extension.Tenant is a subsidiary of Volta; the entire 121 IT MW will be configured to run NVIDIA GPUs for the end customer, a leading AI lab. Credit backstop is... More