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Bitdeer
2026-08-20 12:46:28

Bitdeer lands five-year AI data center contract tied to Malaysia site

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.

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Bitdeer lands five-year AI data center contract tied to Malaysia site
Keel Infrastr
2026-08-11 00:10:55

Keel Infrastructure Shuts Down US Bitcoin Mining, Pivots to AI Data Centers

Keel Infrastructure Corp., formerly Bitfarms, announced in its Q2 earnings that it has closed all of its US Bitcoin mining operations, preparing to convert mining sites into AI and high-performance computing data centers. The company sold 1,085 BTC between April 1 and August 7, raising $75 million, while still holding 1,861 BTC. The CEO cited power as the key constraint, noting that three priority sites are nearing full permitting and multiple potential tenants are in talks. Keel has $819 million in liquidity and unused 2027 power capacity. Shares fell over 11% on Monday after Q2 revenue dropped 50% year-over-year, flipping from an $110 million profit in Q2 last year to a $141 million loss.

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Keel Infrastructure Shuts Down US Bitcoin Mining, Pivots to AI Data Centers
Hyperscale Da
2026-08-03 11:44:56

Hyperscale Data taps Morpho for roughly $30 million in bitcoin-backed DeFi borrowing

Hyperscale Data, an AI data center company listed on the New York Stock Exchange under the ticker GPUS, said it has carried out a bitcoin-backed DeFi financing strategy through the Morpho protocol, according to PR Newswire. As of Aug. 2, 2026, the company had completed about $30 million in bitcoin-collateralized borrowing on the protocol, with a current variable rate of about 4.9%. The company said the proceeds will support continued construction of its AI data center campus in Michigan, along with working capital and other general corporate purposes. Hyperscale Data said the move is intended to turn its bitcoin treasury from a passive reserve asset into a low-cost source of growth capital, while keeping long-term upside exposure to bitcoin and reducing reliance on dilutive equity financing.

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Hyperscale Data taps Morpho for roughly $30 million in bitcoin-backed DeFi borrowing
Bitcoin
2026-07-30 19:15:53

Hyperscale Data reports $80 million first-half revenue as BTC holdings rise to 1,006

BitcoinTreasuries.NET said in a post on X that Hyperscale Data GPUS, an AI data center developer backed by Bitcoin, reported $80 million in revenue for the first half of 2026. The figure was 57% higher than in 2025, according to the post. The company also expects full-year fiscal 2026 revenue to reach $200 million. Separately, its Bitcoin holdings have climbed 95% since the start of the year and now stand at 1,006 BTC. The update links operating growth with a larger corporate Bitcoin position, based on information cited by BitcoinTreasuries.NET.

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Hyperscale Data reports $80 million first-half revenue as BTC holdings rise to 1,006