Bitdeer AI Secures $1.7 Billion in Off-Take Agreements for Malaysia Data Center
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Key Takeaways
- Bitdeer AI has secured off-take agreements for over 70% of its 21.7MW A201 data center in Malaysia.
- The A201 facility is expected to generate more than $1.7 billion in revenue over five years.
- The data center is designed for liquid-cooled NVIDIA GB300 NVL72 systems and supports next-generation Vera Rubin platforms.
- Bitdeer AI aims to deliver up to 350MW of AI Cloud capacity by the first quarter of 2028.
Bitdeer (NASDAQ: BTDR) AI, a subsidiary of Bitdeer Technologies Group, has secured offtake commitments for more than 70% of its 21.7-megawatt (MW) A201 data center in Johor Bahru, Malaysia, ahead of its scheduled energization in the first quarter of 2027.
The contracts are expected to generate more than $1.7 billion in revenue over the next five years. This pushes the company's total expected AI Cloud revenue backlog to approximately $2.9 billion. The company also reported an active AI cloud capacity pipeline exceeding $10 billion.
Infrastructure and Silicon Procurement
The A201 facility is liquid-cooled and purpose-built for rack-scale NVIDIA GB300 NVL72 deployments. A portion of the site's rack space is specifically designed to support NVIDIA's next-generation Vera Rubin platform.
