Bitdeer Technologies Group (NASDAQ: $BTDR) mined 990 bitcoin in June, extending a sharp production rebound while higher GPU utilization pushed its AI Cloud annualized recurring revenue to approximately $76 million.
Bitcoin (CRYPTO: $BTC) output rose 388% from 203 BTC a year earlier and increased from 921 BTC in May. Self-mining hashrate reached 73.0 EH/s, up from 70.2 EH/s a month earlier, while co-mining capacity climbed to 15.9 EH/s. Total hashrate under management finished June at 86.1 EH/s.
Bitdeer's bitcoin balance moved lower despite the production gain. The company held 150 BTC at month-end, down from 171 in May and 1,502 in June 2025, keeping capital allocation in view as it funds a wider buildout across mining, AI Cloud and colocation infrastructure.
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AI Cloud utilization rose to 95% from 90% in May, with 3,517 of 4,248 deployed GPUs under external subscription. Annualized recurring revenue increased from roughly $69 million, while customer deliveries were completed under a five-year GPU cloud contract following the launch of two NVIDIA (NASDAQ: $NVDA) GB300 NVL72 clusters.
Chief Financial Officer Michael G. Potter said June reflected continued execution across Bitdeer's AI infrastructure platform, pointing to the higher cloud run rate, GB300 deliveries and continued strength across the mining fleet.
Bitdeer is also adding to its AI infrastructure pipeline through a 10-year lease for 21.7 megawatts of IT capacity in Johor Bahru, Malaysia. The facility is expected to be handed over in the first quarter of 2027 and is planned to support 128 NVIDIA GB300 NVL72 systems.
The company also executed its Tydal, Norway colocation lease, subject to remaining conditions, and listed total global electrical capacity above 3.0 gigawatts.
June left Bitdeer with more bitcoin production, higher AI Cloud utilization and another data center in the pipeline. The next step is turning that wider compute footprint into durable contracted revenue.
Bitdeer Technologies Group (NASDAQ: BTDR) is currently trading at $12.19 U.S. per share.
Source: Yahoo Finance Top News — This article was automatically imported from the source. Read full article at original source →
