Bitdeer's Dual-Engine Growth: Record Bitcoin Mining Meets AI Cloud Rush

SINGAPORE – January 12, 2026 – Bitdeer Technologies Group (NASDAQ: BTDR) has showcased a powerful dual-engine growth strategy in its latest operational update, reporting a colossal 339% year-over-year increase in Bitcoin production for December 2025 while making significant inroads into the high-demand artificial intelligence (AI) cloud market. The company mined 636 Bitcoins during the month, firmly establishing its position as a top-tier producer and signaling the success of its proprietary technology and infrastructure investments.

This surge in crypto mining output, however, tells only half the story. Bitdeer is aggressively leveraging its expertise in building and operating large-scale data centers to pivot into the burgeoning AI and high-performance computing (HPC) sector. The recent deployment of NVIDIA's cutting-edge GB200 systems and a clear roadmap for U.S. AI cloud expansion underscore a strategic diversification that positions the company at the confluence of two of technology's most dynamic industries.

Mastering the Mine: Record Production and Technological Edge

Bitdeer's December mining performance stands out in a competitive landscape. The 636 BTC produced not only represents a 21% increase from November 2025 but also places the company ahead of key publicly traded rivals. For comparison, Riot Platforms reported mining 460 BTC in December, while CleanSpark produced 622 BTC. This leadership is powered by a rapidly expanding self-mining hashrate, which reached 55.2 exahashes per second (EH/s) as the company continues to deploy its own advanced mining rigs.

The achievement is particularly notable given the challenging market conditions. The Bitcoin network's mining difficulty climbed to a new high of 148.2 trillion in late 2025, demanding ever-greater computational power and energy efficiency from operators. It is here that Bitdeer's long-term bet on in-house technology provides a critical competitive advantage.

The company is systematically phasing out older, third-party miners in favor of its proprietary SEALMINER series. Its upcoming SEAL04-1 chip, slated for mass production in the first quarter of 2026, has demonstrated a remarkable power efficiency of 6-7 joules per terahash (J/TH) at the chip level. This figure represents a significant leap forward from current-generation machines, including competitors like Bitmain's Antminer S21 Pro (15 J/TH) and even Bitdeer's own efficient SEALMINER A3 series (12.5-13.5 J/TH). Superior efficiency directly translates to lower operating costs and higher profit margins, especially in a high-difficulty environment.

"SEALMINER mass production continues to accelerate the expansion of our self-mining operations, driving more than a fourfold increase in Bitcoin production year over year, and a 21% increase over November 2025,” said Matt Kong, Chief Business Officer of Bitdeer, in the company's official announcement. “We have now surpassed 55 EH/s, marking a significant operational milestone, with significant continued growth planned through 2026 as we deploy additional proprietary rigs."

The New Frontier: A Strategic Push into AI Cloud

While its mining operations flourish, Bitdeer is executing a parallel and equally ambitious expansion into AI cloud services. The company confirmed it has already deployed eight units of NVIDIA's highly sought-after GB200 systems in its Malaysia data center for testing and proof-of-concept validation with potential customers. A public launch of the cloud service is expected in January 2026, tapping into a market where demand for advanced GPUs far outstrips supply.

This move into AI is already generating tangible results. As of the end of December, Bitdeer's existing GPU cloud, which includes NVIDIA H100, H200, and B200 GPUs, had reached an annualized recurring revenue (ARR) of approximately $10 million with a 61% utilization rate. To capture further demand, Bitdeer is actively evaluating U.S. data center leasing opportunities to bring its AI cloud services to American customers as early as the first quarter of 2026.

Underscoring its commitment to building an enterprise-grade platform, the company also launched Identity and Access Management (IAM) and Single Sign-On (SSO) capabilities. These features provide centralized security, role-based access control, and simplified administration—critical components for enterprise clients looking to run scalable and secure AI workloads.

Kong added, "In parallel, we continue to scale our AI and high-performance computing infrastructure to meet strong demand, expanding GPU deployments and cloud capabilities to support a broad range of digital compute needs."

Building the Digital Future: A Global Infrastructure Build-Out

The foundation for Bitdeer's dual-engine strategy is its massive and growing global infrastructure footprint, which now totals 3,002 megawatts (MW) of electrical capacity, including both operational and pipeline projects. The company is strategically converting several of its existing cryptocurrency mining sites into state-of-the-art AI data centers.

Major conversion projects are underway in Tydal, Norway; Wenatchee, Washington; and Knoxville, Tennessee, all with targeted completion dates around the end of 2026. These projects involve significant redesigns and orders for long-lead equipment to support the distinct power and cooling requirements of high-density GPU clusters.

Furthermore, Bitdeer is developing massive new sites with a clear focus on HPC and AI. A 570 MW site in Clarington, Ohio, is expected to have power available by the third quarter of 2026. Another 300 MW development is planned for Niles, Ohio. Even sites originally intended for mining, like the 101 MW natural gas-powered project in Alberta, Canada, are being redesigned to accommodate future AI requirements, highlighting a company-wide strategic alignment.

This extensive infrastructure build-out, combined with a technological lead in mining hardware and an aggressive entry into the AI cloud market, paints a picture of a company transitioning from a specialized crypto miner into a diversified digital infrastructure powerhouse. As Bitdeer prepares to attend several major technology and growth conferences in the coming months, it carries the momentum of a strategy that is already delivering substantial results across two of the world's most promising technology sectors.