Bitdeer AI Signs 10-Year Agreement for 65.1MW Johor Data Center

Bitdeer AI, part of Bitdeer Technologies Group (BTDR ), announced on September 14, 2026 that it has entered into a 10-year data center services agreement for A202, a 65.1MW AI Cloud data center facility on the same Johor Bahru, Malaysia campus as its 21.7MW A201 facility. The company, which describes itself as an emerging AI cloud service and AI infrastructure provider and a preferred NVIDIA Cloud Partner, described A202 as its largest single capacity addition to date in Southeast Asia, with energization expected in the third quarter of 2027.

According to the company’s announcement, A202 is designed for liquid-cooled, rack-scale NVIDIA systems, including GB300 NVL72 and Vera Rubin platforms, and is capable of delivering both GPU cloud services and data hosting. The A102 and A201 facilities follow the same design approach. Bitdeer AI said siting A202 on the existing Johor campus allows it to extend power, liquid cooling, and network infrastructure to the new facility, shortening the path to energization. Together with the 21.7MW A201 facility, the Johor campus will represent 86.8MW of Bitdeer AI’s AI Cloud data center capacity. All megawatt figures in the announcement refer to critical IT load.

With A202, Bitdeer AI’s secured AI Cloud data center capacity, which the company defines as capacity owned or under an executed data center services agreement, totals approximately 206.5MW across sites in Malaysia, Norway, and the United States. The company said that represents approximately 59% of its target of up to 350MW of AI-ready data center capacity to be delivered by the first quarter of 2028.

Bitdeer AI said it develops data center capacity consistent with contracted demand and deploys GPU and related computing capital against executed contracts.

Expected Economics and GPU Funding

Bitdeer AI expects the per-megawatt economics of A202 to be broadly consistent with those of A102, where 5-year offtake commitments represent total expected revenue of over $800 million across 9.5MW. Consistent with its track record at A102, the company expects to contract A202 capacity ahead of energization. It cautioned that contract economics vary by site, service mix, and duration, and that previously announced contract terms may not be indicative of future terms.

The company expects to fund GPU deployment at A202 primarily through customer prepayments, which it seeks to structure, as a general matter, to cover more than 50% of the associated capital expenditure, together with financing secured against contracted cash flows and operating cash flow.

Demand and Pipeline

“The signal from customers is unambiguous: demand for liquid-cooled, rack-scale AI Cloud capacity in 2027 is running well ahead of what the market can supply,” said Michael G. Potter, chief financial officer. Potter said A102 sold out ahead of energization, A201 is in advanced negotiations, and securing A202 is a direct response to that demand, adding an incremental 65.1MW on a campus the company has already contracted for.

Retainna Lin, VP of AI Cloud, said A201 is already secured at the data center level and is scheduled to be ready for service in January 2027. “Johor is where we can move fastest,” Lin said, describing A202 as sharing the same power, cooling, and network as A201. She said that is how the company added 65.1MW without originating a new site, and that for customers it means liquid-cooled, rack-scale capacity available in Southeast Asia on a timeline she said few providers in the region can offer.

Bitdeer AI estimates its active pipeline for AI cloud capacity now exceeds $7 billion. The company defines that figure as management’s estimate of the aggregate potential contract value of opportunities under commercial discussion; it is not backlog, revenue, an executed contract, or a binding commitment, and the company said there can be no assurance that any portion of it will result in executed contracts. Bitdeer AI said demand for uncontracted capacity at its AI Cloud sites remains strong.

The company stated that no offtake commitments have been entered into with respect to A201 or A202 capacity as of the date of the announcement. It added there can be no assurance that negotiations relating to A201, or commercial discussions relating to A202, will result in executed contracts on the expected timeline, ahead of energization, or on terms comparable to those previously announced.