Bitdeer mined 990 bitcoins in June, with its AI Cloud achieving an annualized revenue run rate of $76 million
In June, Bitdeer increased the number of self-operated mining machines by 12 thousand, reaching 243 thousand units, and operated 56 thousand of its own mining machines via joint mining arrangements in third-party data centers. The related hashrate rose 59% month-on-month to 15.9 EH/s. As of the end of June, the company held 150 BTC, which is lower than the 171 BTC it held at the end of May.
Bitdeer stated that its AI Cloud annualized revenue run rate increased from $69 million in May to approximately $76 million, GPU utilization rose from 90% to 95%, and the number of externally subscribed GPUs rose from 3,305 to 3,517. This run rate is calculated by annualizing the daily income from contract GPU orders that were still active at the end of the month and does not count as confirmed annual revenue or revenue forecasts.
Bitdeer has completed a customer delivery for a five-year GPU cloud contract, with deployments including two NVIDIA GB300 NVL72 clusters. The company has also signed a ten-year lease for a data center in Johor Bahru, Malaysia, providing a 21.7 megawatt IT capacity, scheduled for delivery in the first quarter of 2027 and supporting 128 NVIDIA GB300 NVL72 systems.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI Selloff Sends Berkshire to Its Biggest S&P 500 Lead Since 2010: Can It Last?

Meridian weighs $400 million investment decision for Cabaçal mine
Saudi Arabia's oil production in October surged by 26%, reaching the highest level since the onset of the conflict, while Brent crude has dropped over 20% this month
OPEC's monthly report shows that Saudi Arabia's average daily crude oil production in October rose to 10.56 million barrels, just several hundred thousand barrels lower than the pre-war level in February and slightly above its quoted limit under the OPEC framework. Iraq's daily output in October also reached approximately 4.9 million barrels, a new high since the outbreak of war. Meanwhile, after the UAE exited OPEC and began competing in the market independently, both the UAE and Saudi Arabia recently slashed their official December cargo prices for Asian buyers, intensifying the competitive landscape.

Scorpio hits gold beyond Nevada resource
