Bitdeer Acquires 200 Acres in Texas for $100 Million to Expand AI/HPC Infrastructure
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Key Takeaways
- Bitdeer paid approximately $100 million in cash for approximately 200 acres of greenfield land to support AI/HPC infrastructure development.
- The acquisition increases Bitdeer's Milam County power capacity pipeline to 742 MW and its global total to approximately 3.0 GW.
Bitdeer (NASDAQ: BTDR) Technologies Group announced today that it has acquired approximately 200 acres of greenfield land in Milam County, Texas, adjacent to its existing Rockdale operations, in an all-cash transaction valued at approximately $100 million.
The fee-simple acquisition secures outright real estate ownership, eliminating lease-renewal friction and establishing the physical site control required to finance and develop high-density artificial intelligence (AI) and high-performance computing (HPC) data center capacity.
Power Interconnection and Site Infrastructure
The newly acquired parcel is located within 70 miles of Austin, Texas, situated directly next to Bitdeer's established Rockdale infrastructure. Key physical and utility characteristics of the combined Milam County asset include:
