StockWatch
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Finance: Consumer Services
Monthly UpdateJul 21, 2026, 07:02 AM

Bitdeer Bitcoin Production Up 388% Y/Y to 990 BTC; AI Cloud ARR $76M

AI Summary

Bitdeer Technologies Group reported strong operational updates for June 2026, with Bitcoin production increasing 388% year-over-year to 990 BTC and self-mining hash rate reaching 73.0 EH/s. The company's AI Cloud Annual Recurring Revenue (ARR) grew to approximately $76 million with a 95% utilization rate. Strategic expansions include the groundbreaking of a Sealminer manufacturing facility in Nevada and a new 10-year lease for a 21.7 IT MW AI data center in Malaysia, expected Q1 2027.

Key Highlights

  • Bitcoin production increased 388% Y/Y to 990 BTC in June 2026.
  • Self-mining hash rate reached 73.0 EH/s.
  • AI Cloud Annual Recurring Revenue (ARR) grew to approximately $76 million.
  • AI Cloud utilization rate was 95% in June 2026.
  • Groundbreaking of Sealminer manufacturing facility in Sparks, Nevada, slated for completion by end of 2026.
  • Signed 10-year lease for 21.7 IT MW AI data center in Malaysia, handover Q1 2027.
  • Executed Tydal, Norway colocation lease for AI data center.
  • Awarded "AI Cloud Platform of the Year" in the 2026 AI Breakthrough Awards.