Bitdeer Locks In $400 Million AI Deal for Upcoming Malaysia Hub

The unnamed customer, described by the company as having high credit quality, will occupy 50% of the A102 site's available infrastructure. While Bitdeer did not disclose specific pricing terms or the identity of the client, the firm confirmed that revenue and associated operating costs are slated to begin in the first quarter of 2027. This move significantly de-risks the project by reducing the amount of uncommitted capacity that needs to be filled once commercial operations commence.

This agreement is part of a broader strategic pivot for Bitdeer, which is shifting capital from its traditional Bitcoin mining roots toward high-performance computing. The company aims to reach 350 megawatts of AI cloud capacity by early 2028. This expansion follows a massive 16-year, $4.7 billion lease in Norway, where the company is configuring 121 megawatts of IT capacity to run Nvidia GPUs for a leading AI laboratory. As public miners like Hut 8 and IREN aggressively repurpose their power-heavy sites for the AI boom, Bitdeer’s ability to secure long-term contracts before construction completion highlights the intense market demand for specialized data center infrastructure.