Bitdeer Signs 16 Year Norway AI Data Center Lease, Targets 4.7B Initial Revenue as Shares Rise 11.7%
Bitdeer said its unit Tydal Data Center AS signed a 16 year lease and services deal with Volta Tydal AS for an AI and HPC campus in Tydal, Norway, providing 121 MW of IT capacity configured with NVIDIA GPUs. The initial term is expected to generate about 4.7 billion in revenue, and Bitdeer shares rose 11.7% premarket to 12.77.