Bitdeer Technologies released May 2026 operational metrics covering production capacity and utilization rates.

Bitdeer Technologies Group (NASDAQ: BTDR), a world-leading technology company for AI and Bitcoin mining infrastructure, announced its unaudited operations updates for May 2026. According to Michael G. Potter, Chief Financial Officer, "May reflected continued execution across Bitdeer's AI infrastructure platform. AI Cloud ARR held at approximately $69 million at 90% GPU utilization, with GB300 NVL72 cluster deployment and Nemotron 3 availability reinforcing our enterprise-grade capabilities."

The company's Bitcoin mining operations demonstrated significant growth in May 2026. Bitcoin production reached 921 BTC, representing a 370% increase year-over-year, while self-mining hashrate reached 70.2 EH/s. Potter stated that these figures "underscore the complementary strength of our vertically integrated mining platform as we accelerate the AI transition across our sites."

Bitdeer is advancing its strategy to convert owned power into long-duration contracted revenue across its 3.0 GW global portfolio. "Tydal, Norway is in advanced stages of negotiations, representing the most visible proof point of our strategy to convert owned power into long-duration contracted revenue across our 3.0 GW global portfolio," Potter said. This expansion demonstrates the company's commitment to leveraging its infrastructure capabilities beyond cryptocurrency mining into AI computational infrastructure.

Headquartered in Singapore, Bitdeer handles complex processes involved in computing including equipment procurement, transport logistics, data center design and construction, equipment management, and daily operations. The company has deployed data centers across multiple countries including the United States, Norway, Bhutan, and Ethiopia. Bitdeer offers comprehensive Bitcoin mining solutions for its customers alongside advanced cloud capabilities to customers with high demand for artificial intelligence.