Bitdeer Technologies Group (NASDAQ: BTDR) has unveiled its latest production and operations updates for June 2024, showcasing significant advancements in its global operations.

The company announced an increase in its global contracted power capacity to 2.5 GW, partly through a new 570 MW, 30-year lease agreement with Monroe County Port Authority in Ohio.

The June update further highlighted Bitdeer's cryptocurrency mining achievements, with the company successfully mining 179 Bitcoin.

Additionally, Bitdeer announced the completion of the tape-out phase of its new SEAL02 chip, which boasts an efficiency target of 14 joules per terahash (J/TH).

Looking ahead, the company plans to deploy 3.4 exahash per second (EH/s) of its advanced Sealminer ASICs in the fourth quarter of 2024, marking a significant step forward in its mining technology capabilities.