Why did Bitdeer (NASDAQ:BTDR) mine 990 Bitcoin (CRYPTO:BTC) in June?

Bitdeer (NASDAQ:BTDR) said Bitcoin (CRYPTO:BTC) production rose to 990 after deploying more proprietary mining machines and increasing its self-mining capacity.

What does the US$76 million AI Cloud run rate mean for Bitdeer (NASDAQ:BTDR)?

Bitdeer (NASDAQ:BTDR) said the US$76 million figure is an annualised revenue run rate based on active AI Cloud contracts, not recognised annual revenue or a financial forecast.

How is Bitdeer (NASDAQ:BTDR) expanding its AI business?

Bitdeer (NASDAQ:BTDR) said it increased GPU utilisation to 95%, expanded AI Cloud subscriptions and signed a long-term lease for a data centre in Malaysia.

What is Bitdeer (NASDAQ:BTDR) doing with its mining operations?

Bitdeer (NASDAQ:BTDR) said it increased its self-mining hash rate to 73 EH/s and continued deploying proprietary SEALMINER machines.

What does Bitdeer's latest update mean for its strategy?

Bitdeer (NASDAQ:BTDR) said it is expanding both Bitcoin (CRYPTO:BTC) mining and AI infrastructure while evaluating more sites for AI cloud and colocation services.

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Bitdeer mines 990 Bitcoin as AI expands

Written by Heidi Cuthbert Published Jul 23, 2026, 7:54 AM

Bitdeer (NASDAQ:BTDR) mined 990 Bitcoin (CRYPTO:BTC) in June, up 7.5% from May.
The company said its AI Cloud annualised revenue run rate increased to US$76 million.
Bitdeer said it is expanding both its Bitcoin mining and AI infrastructure businesses.

Bitdeer (NASDAQ:BTDR) mined 990 Bitcoin (CRYPTO:BTC) in June, up 7.5% from May, while its AI Cloud annualised revenue run rate rose to US$76 million.

June production increased from 921 Bitcoin in May and 203 Bitcoin a year earlier as the company deployed more self-mining machines.

Bitdeer said its self-mining hash rate reached 73 exahashes per second, while GPU utilisation increased to 95% and external AI Cloud subscriptions rose to 3,517 GPUs.

Following the announcement, Bitdeer (NASDAQ:BTDR) shares closed up 9.7% at US$12.48.

Bitdeer is expanding its AI infrastructure alongside its Bitcoin mining business, including a new manufacturing plant in Nevada and a planned data centre in Malaysia.

The company said it is also evaluating the conversion of parts of its global power portfolio from Bitcoin mining to AI cloud and colocation services.

Bitdeer mines 990 Bitcoin as AI expands

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Bitdeer mines 990 Bitcoin as AI expands

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