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More >Today 2026-08-04
Bitdeer subsidiary Tydal Data Center AS has signed a 16 year data center hosting and service agreement with Volta Tydal AS to provide 121 MW of IT load capacity in the Tydal AI/HPC campus in Norway for deploying NVIDIA GPUs. The expected total contract payment during the basic term of the agreement is approximately $4.7 billion, with an 8-year renewal option. The potential total contract value after renewal is approximately $8 billion. Bitdeer expects the remaining capital expenditure of the project to be approximately $500 million and plans to complete it through additional debt financing. Bitdeer's stock price rose by 23%.