Bitdeer Mined 990 Bitcoins in June, AI Cloud Annualized Revenue Run Rate Reaches $76 Million

Odaily Planet Daily News: Bitcoin mining company Bitdeer Technologies Group mined 990 bitcoins in June, a 7.5% increase from May's 921 bitcoins and a 388% increase from 203 bitcoins in the same period last year. As of the end of June, its proprietary mining hash rate reached 73 EH/s, compared to 70.2 EH/s in May and 16.5 EH/s in the same period last year. Bitdeer increased the number of proprietary mining machines by 12,000 units in June, bringing the total to 243,000 units. Additionally, it operated 56,000 proprietary mining machines under joint mining arrangements at third-party data centers. The related hash rate grew 59% month-over-month to 15.9 EH/s. As of the end of June, the company held 150 bitcoins, down from 171 bitcoins at the end of May. Bitdeer stated that its AI Cloud annualized revenue run rate increased from $69 million in May to approximately $76 million in June. GPU utilization rose from 90% to 95%, and the number of externally subscribed GPUs increased from 3,305 units to 3,517 units. This run rate is calculated based on the annualized daily revenue of GPU orders under contracts still effective at the end of the month and does not represent recognized annual revenue or revenue forecasts. Bitdeer has completed customer delivery for a five-year GPU cloud contract, with deployments including two NVIDIA GB300 NVL72 clusters. The company also signed a 10-year lease for a data center in Johor Bahru, Malaysia, providing 21.7 MW of IT capacity. The facility is scheduled for delivery in the first quarter of 2027 and will support 128 NVIDIA GB300 NVL72 systems.