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Bitdeer Signs 16-Year AI Data Center Lease, Total Contract Value Reaches $4.7 Billion

2026-08-04 12:26

Odaily News: Bitdeer announced that its subsidiary Tydal Data Center AS has signed a 16-year data center hosting and services agreement with Volta Tydal AS, which will provide 121 MW of IT load capacity (approximately 133 MW total power) at the Tydal AI/HPC campus in Norway, all to be deployed with NVIDIA GPUs to serve a leading AI laboratory. The total expected contract payments during the base term are approximately $4.7 billion, with an 8-year renewal option attached, bringing the potential total contract value after renewal to approximately $8 billion. (Stocktitan)