Bitdeer Bitcoin output jumps 200% YoY: Key September metrics

Bitdeer Technologies (BTDR) announced on Tuesday that it mined 1.36K Bitcoin (BTC-USD) in September, up 200% YoY from 452 BTC, while its holdings fell to 47 BTC from 2.03K a year earlier.

Its self-mining hash rate reached 82.3 EH/s, compared with 35 EH/s a year earlier, while the co-mining hash rate reached 28.7 EH/s, up from 21.6 EH/s in August.

The company’s AI Cloud revenue backlog rose to $2.9B from $900M in August, driven by commitments for more than 70% of its 21.7 MW A201 data center in Malaysia.

The deal represents more than $1.7B in expected revenue over five years. AI Cloud's annual recurring revenue stood at ~$86M, with GPU utilization at 95%.

Bitdeer also secured 127 MW of additional AI Cloud capacity across two Malaysian data centers, with delivery planned for Q2 2027 and Q1 2028. Its total AI cloud pipeline reached 333.5 MW.

Separately, the company signed a 16-year lease for its Tydal, Norway, data center worth $4.7B, potentially increasing to $8B if an tenant extension is exercised.

It also acquired 200 acres near its 563 MW Rockdale, Texas, site for future AI infrastructure and announced an AI agent safety collaboration with NVIDIA (NVDA).

On the market side, the stock dropped ~1.33% to ~$7.59 in the pre-market session.

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