Bitdeer has secured another 65.1 megawatts of AI data-center capacity in Malaysia, taking its committed AI Cloud footprint to approximately 206.5 MW. The expansion highlights how bitcoin miners are increasingly leveraging their power infrastructure to pursue AI revenues.
The company signed a 10-year agreement for a facility known as A202 at its existing Johor Bahru campus in Malaysia, with energization expected in the third quarter of 2027. The new site will sit alongside Bitdeer's 21.7 MW A201 facility, giving the Johor campus a combined 86.8 MW of AI capacity.
The 206.5 MW of secured capacity represents approximately 59% of Bitdeer's 350 MW target for the first quarter of 2028. The company reports its active AI Cloud pipeline now exceeds $7 billion in potential contract value.
Infrastructure Repurposing
A202 is being designed for liquid-cooled, rack-scale Nvidia systems, including GB300 NVL72 and Vera Rubin platforms, capable of supporting both GPU cloud services and data hosting.
For Bitdeer, the strategy involves repurposing infrastructure originally built for power-intensive crypto operations toward a market where electricity, cooling, and data-center access are in high demand.
Bitdeer expects A202's per-megawatt economics to be broadly similar to its A102 facility, where 9.5 MW of capacity is tied to more than $800 million in expected revenue over five years. The company plans to use customer prepayments to cover more than half of GPU-related capital expenditure where possible.
Continuing Bitcoin Operations
Bitdeer continues its bitcoin mining operations alongside its AI expansion. The company mined 990 BTC in June, up 7.5% month over month, while continuing to deploy proprietary mining machines. In August, Bitdeer also committed approximately 1.93 EH/s of bitcoin mining capacity to a 28 MW wind-powered co-mining project in Texas.
Bitcoin mining revenue remains exposed to network difficulty and crypto market prices, while long-term AI contracts offer contracted cash flows and potentially higher revenue density per megawatt.
