Bitdeer Technologies Announces May 2026 Operations Update
Bitdeer Technologies announced its unaudited operations updates for May 2026. "May reflected continued execution across Bitdeer's AI infrastructure platform. AI Cloud ARR held at approximately $69 million at 90% GPU utilization, with GB300 NVL72 cluster deployment and Nemotron 3 availability reinforcing our enterprise-grade capabilities," said Michael G. Potter, Chief Financial Officer of Bitdeer. "Tydal, Norway is in advanced stages of negotiations, representing the most visible proof point of our strategy to convert owned power into long-duration contracted revenue across our 3.0 GW global portfolio." Mr. Potter continued, "Bitcoin production of 921 BTC, up 370% year-over-year, and self-mining hashrate of 70.2 EH/s underscore the complementary strength of our vertically integrated mining platform as we accelerate the AI transition across our sites."
