Bitdeer discloses plans for expanded artificial intelligence infrastructure in Norway through a long-term data center lease valued at $4.7 billion. According to the company’s announcement, the agreement with Volta runs for 16 years and is designed to secure AI computing capacity for Bitdeer’s operations. The deal is reported to provide 121 megawatts of AI-related computing capacity, positioning Bitdeer to pursue revenue beyond traditional Bitcoin mining activities.
The outlets also note that the disclosure affects Bitdeer’s stock performance, with shares moving upward and then later dropping as investors react to the terms and implications of the lease. While the reporting focuses on the scale of the commitment and the duration of the contract, the key points across sources are the size of the lease, the length of the agreement, the partner involved, and the amount of computing capacity secured in Norway for AI workloads.
