Bitdeer AI Sells Out 9.5MW Malaysia Site For Over $800M, Closing the Final Half Just 12 Days Later

Bitdeer AI, part of Bitdeer Technologies Group (NASDAQ: BTDR), has contracted the full 9.5MW of capacity at its A102 data center in Malaysia under five-year offtake commitments carrying more than $800 million of total expected revenue. The site will energize in the first quarter of 2027.

The sell-out came 12 days after the first tranche. On August 19, the company disclosed that it sold roughly half of A102 under a five-year commitment worth approximately $400 million to a customer it described as having high credit quality. A102 is a liquid-cooled, multi-customer facility built for rack-scale NVIDIA GB300 NVL72 deployments, capable of running GPU cloud services and data hosting from the same site. 

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $BTDR Bitdeer AI Sells Out Malaysia AI Data Center Capacity, Secures Over $800 Million in Commitments

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗕𝗶𝘁𝗱𝗲𝗲𝗿 𝗔𝗜 sells out approximately 𝟵.𝟱𝗠𝗪 at Malaysia's A102 facility.

➤ Site has secured 𝟱-𝘆𝗲𝗮𝗿…

— Hardik Shah (@AIStockSavvy) August 31, 2026

Bitdeer AI sold the whole GPU capacity before switching it on. These agreements are structured so customer prepayments can cover more than half the associated capital expenditure. The company then develops capacity consistent with contracted demand, funded through those prepayments, operating cash flow, and financing secured against contracted cash flows. Revenue and associated costs are expected to begin in Q1 2027, when service commences. 

Contracting ahead of energization is not unusual. Several miners converting power campuses to AI have signed long-term agreements while capacity was still under construction or being delivered in phases. Less common is the shape of this one: a small, purpose-built site fully committed on five-year terms before service is available, rather than a partial reservation on generic colocation. Bitdeer Group’s larger Tydal lease in Norway is a different case, since that site was already a powered mining campus connected to renewable hydropower, although substantial AI data-center conversion and fit-out remained.

"We entered a competitive process later than other providers and delivered ahead of them, enabling the customer's business timeline," said Retainna Lin, VP of AI Cloud.

A102 is 9.5MW against a target of up to 350MW of AI cloud capacity by the first quarter of 2028. The disclosed pipeline exceeds $2 billion, which Chief Financial Officer Michael Potter put at roughly 24.5MW in the company’s August 19 release.

Mining is also why the company can build these sites at all. Finding cheap power, negotiating with utilities and governments, securing land, building substations, sourcing transformers, and operating large fleets of hot machines were already central to the business. Bitdeer has been doing that across the world for years, in markets most data center developers were not looking at. As new capacity in the United States runs into grid, permitting, and community constraints, that experience is harder to replicate than it looks.