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Bitdeer Bitcoin Output Rises 200% as AI Cloud Backlog Hits $2.9 Billion

Bitdeer Bitcoin Output Rises 200% as AI Cloud Backlog Hits $2.9 Billion
Photo: Securities.io

BTC when published $82,026Now $80,362 ▼ −2.03% since it was published

Bitdeer Technologies Group ( BTDR ) on October 19, 2026 published its unaudited production and operations update for September 2026, reporting 1,355 bitcoins mined during the month, which the company said represented a 200% increase year over year, and an AI Cloud revenue backlog of approximately $2.9 billion after new offtake commitments at a Malaysia data center. “September demonstrated our ability to convert owned power into contracted AI Cloud revenue,” said Michael G. Potter, Chief Financial Officer of Bitdeer. “Offtake commitments covering more than 70% of our A201 facility in Malaysia, representing over $1.7 billion of expected revenue over five years, bring our AI Cloud revenue backlog to approximately $2.9 billion.” Potter added that the company’s collaboration with NVIDIA on enterprise agent safety and a land acquisition near its Rockdale…

First reported by Securities.io. This page is a short excerpt; the full text is theirs.

Read the full story at Securities.io (opens in a new tab)

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