On August 19, Bitdeer Technologies Group rose 9.12% in regular trading, trading at $9.9/share, with turnover of $72.07 million.

On the news front, Bitdeer AI announced that approximately 50% of the capacity at A102, its Malaysian data center build-out, has been recently contracted ahead of energization. The company further disclosed that it is actively engaged in productive negotiations regarding the remaining uncommitted capacity at the A102 facility, as well as available capacity at other geographically dispersed operational sites. Discussions span multiple dimensions including utilization optimization and resource integration across sites.

This development follows a series of major infrastructure milestones for the company, including a $4.7 billion, 16-year colocation lease signed in early August with Volta for its 121 IT megawatt Tydal campus in Norway, supported by a $1.3 billion credit backstop arranged by JP Morgan affiliates. The company reported Q2 revenue of $228.8 million, up from $155.6 million a year earlier, with net loss of $0.37 per share beating the FactSet estimate of $0.42 loss.

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