Bitdeer reports May 2026 production and operations
- Bitdeer Technologies Group (NASDAQ:BTDR) reported May 2026 Bitcoin production of 921 BTC, an increase of 370% compared to the same period last year.
- The company achieved a self-mining hash rate of 70.2 EH/s while maintaining AI Cloud annual recurring revenue of approximately $69 million.
- Bitdeer’s total global electrical capacity has reached 3,003.5 MW, encompassing both existing operational sites and ongoing project pipelines.
Bitdeer Technologies Group (NASDAQ:BTDR) released its operational update for May 2026, reporting the production of 921 Bitcoin and a self-mining hash rate of 70.2 EH/s.
This performance marks a significant year-over-year increase of 370% in Bitcoin production as the company scales its vertically integrated mining platform.
The company noted that its AI Cloud annual recurring revenue remained steady at approximately $69 million with 90% GPU utilization during the month.
Bitdeer continues to expand its enterprise-grade capabilities, highlighted by the recent deployment of two NVIDIA GB300 NVL72 clusters and the availability of Nemotron 3.
The firm is currently prioritizing the conversion of its owned power assets into long-duration contracted revenue, with its Tydal, Norway data center site in advanced lease negotiations.
Bitdeer's broader strategy remains focused on scaling its 3 GW global power portfolio to support both high-performance AI workloads and large-scale digital asset mining.
