Bitdeer said its AI unit has signed a five-year service contract that is expected to generate about $400 million in revenue from the company’s data center in Malaysia. The customer has locked in roughly half of the capacity of A102, a 9.5 MW liquid-cooled facility. Revenue from the agreement is expected to begin contributing in the first quarter of 2027.
The company also disclosed that its AI cloud business has an order backlog of more than $2 billion, equal to about 24.5 MW. Separately, Bitdeer said its strategic target is to expand AI data center capacity to 350 MW by the first quarter of 2028. The update links a signed multi-year contract, an identified facility allocation, a revenue recognition timeline, the current AI cloud backlog, and the company’s stated capacity goal for its AI data center buildout.
Bitdeer said its AI unit has signed a five-year service contract expected to bring in about $400 million in revenue from the company’s data center in Malaysia.
Under the disclosed terms, the customer has secured about half of the capacity at A102, a 9.5 MW liquid-cooled facility. Revenue tied to the contract is expected to start being recognized in the first quarter of 2027.
Bitdeer also said its AI cloud business has an order backlog of more than $2 billion, representing about 24.5 MW. The company’s strategic target is to expand AI data center capacity to 350 MW by the first quarter of 2028.
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