Bitdeer expands AI infrastructure with long-term $4.7B data center lease

CoinTelegraph·

Bitdeer expands AI infrastructure with long-term $4.7B data center lease

60-second summary

Bitdeer is expanding its AI infrastructure through a 16-year $4.7 billion data center lease in Norway, securing 121 megawatts of AI computing capacity. This significant investment underscores crypto mining companies' shift towards diversifying revenue streams beyond Bitcoin. The long-term agreement will enable Bitdeer to capitalize on growing AI demand, fueling industry growth in the process.

A 16-year agreement secures 121 megawatts of AI computing capacity in Norway, highlighting how crypto mining companies continue to pursue new revenue streams beyond Bitcoin.