Bitdeer announces July 2026 production and operations update

Bitdeer Technologies Group (NASDAQ: BTDR) has announced its July 2026 production and operations update, highlighting continued growth in both its Bitcoin mining and AI cloud infrastructure segments. The company reported a year-over-year increase in Bitcoin production, with 990 BTC mined in June 2026, reflecting a 388% growth compared to the same period in 2025. This performance was supported by a self-mining hash rate of 73.0 EH/s, up from 70.2 EH/s in May 2026.

In the AI cloud segment, Bitdeer achieved a 95% GPU utilization rate in June 2026, with its AI Cloud Annual Recurring Revenue (ARR) reaching approximately $76 million. The company also completed two NVIDIA GB300 NVL72 clusters, further expanding its advanced GPU infrastructure. Additionally, Bitdeer signed a 10-year lease agreement for a new data center in Malaysia, providing 21.7 IT MW of capacity, with handover expected in Q1 2027.

Bitdeer also announced the groundbreaking of a $36 million advanced tech manufacturing facility in Sparks, Nevada, which is expected to create 70 high-tech jobs and be completed by the end of 2026. The company is also advancing its AI data center plans in Tydal, Norway, with a lease agreement executed for the site, subject to certain conditions precedent.

These developments underscore Bitdeer’s strategic focus on expanding its global infrastructure and enhancing its capabilities in both Bitcoin mining and AI cloud services.