TL;DR
- Bitdeer is expanding its AI infrastructure in Malaysia with a 10-year agreement covering a 65.1MW data center in Johor Bahru.
- The project lifts secured AI cloud capacity to about 206.5MW, moving the company closer to its 350MW target for early 2028.
- The expansion reinforces Bitdeer’s strategy of using infrastructure built around Bitcoin mining to capture growing demand for AI computing.
Bitcoin Miner Bitdeer is expanding its AI infrastructure footprint with a new 10-year agreement for a 65.1MW data center in Johor Bahru, Malaysia. The deal gives the company its largest AI capacity addition in Southeast Asia and strengthens its push to diversify beyond cryptocurrency mining.
The A202 facility sits on the same campus as Bitdeer AI’s 21.7MW A201 site. Once both are operating, the campus will provide 86.8MW of AI cloud capacity based on critical IT load. Bitdeer expects A202 to begin receiving power in the third quarter of 2027.
$BTDR announces 10-year agreement for 65.1MW AI Cloud in Malaysia at A202 facility (same campus as recent 21.7MW deal), with similar economics (prior A102 was 5 years, $800M, 9.5W; or $16.8M per MW per year).
Energization in 3Q27. Would imply total rev of $1.1B per year or total… pic.twitter.com/fmfOSvz5iR— matthew sigel, recovering CFA (@matthew_sigel) September 14, 2026
Bitdeer Builds Larger AI Capacity In Malaysia
Bitdeer plans to develop A202 on land it already controls, allowing it to extend existing power, liquid-cooling and network infrastructure. That approach can shorten development timelines while reducing the need to build an entirely new site.
The facility is designed for liquid-cooled, rack-scale NVIDIA systems, including GB300 NVL72 and Vera Rubin platforms. It will support GPU cloud services and data-hosting workloads, giving Bitdeer flexibility as customers scale AI training and inference.
The move follows strong utilization across Bitdeer’s AI cloud operations. In July, the company reported 4,248 deployed GPUs and a 95% utilization rate, while AI Cloud annualized recurring revenue stood at approximately $76 million. Bitdeer has also deployed NVIDIA GB300 NVL72 clusters in Malaysia, showing that it is operating advanced AI hardware.
Customer Prepayments Support The Expansion
Bitdeer expects A202 to generate revenue per megawatt comparable with its A102 facility. A102, a 9.5MW Malaysian site, has secured more than $800 million in expected contracted revenue over five years. Bitdeer said customer prepayments are expected to cover more than half of the capital expenditure for each facility, with the balance supported by contracted and operating cash flow.
That financing model connects infrastructure spending with contracted customer demand instead of relying entirely on balance-sheet funding. It also fits AI data-center economics, where access to power, cooling and high-end GPUs can become valuable long-term infrastructure.
With A202 included, Bitdeer’s secured AI cloud capacity reaches about 206.5MW across Malaysia, Norway and the United States, or roughly 59% of its target of up to 350MW by the first quarter of 2028.
