Bitdeer mined 990 BTC in June; AI Cloud run-rate rises to $76M

Bitdeer Technologies Group said it mined 990 bitcoins in June, up 7.5% from 921 in May and up 388% from 203 a year earlier. The company's self-operated hashrate reached 73 EH/s at the end of June, compared with 70.2 EH/s at the end of May and 16.5 EH/s a year ago. Bitdeer added 12,000 self-operated miners in June, bringing its fleet to 243,000 units. It also ran an additional 56,000 of its own machines at third-party data centers under co-mining arrangements, with associated hashrate rising 59% month over month to 15.9 EH/s. Bitdeer held 150 bitcoins as of the end of June, down from 171 at the end of May. Bitdeer also reported that its AI Cloud annualized revenue run rate increased to about $76 million from $69 million in May. GPU utilization rose from 90% to 95%, while externally subscribed GPUs increased from 3,305 to 3,517. The company said the run rate is calculated by annualizing daily revenue from active GPU contracts at month-end and does not represent recognized annual revenue or revenue guidance. Bitdeer said it has completed customer delivery for a five-year GPU cloud contract, including deployment of two NVIDIA GB300 NVL72 clusters. It also signed a 10-year lease for a data center in Johor Bahru, Malaysia, with 21.7 megawatts of IT capacity, scheduled for delivery in the first quarter of 2027 and designed to support 128 NVIDIA GB300 NVL72 systems.