Bitdeer Technologies Buys 200 Acres Near Texas Facility in Data Center Push

MT newswire2026/09/01 20:39

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04:39 PM EDT, 09/01/2026 (MT Newswires) -- Bitdeer Technologies (BTDR) said Tuesday it has acquired 200 acres of land near its existing Rockdale facility in Texas for roughly $100 million as it plans to expand its AI and high-performance computing (HPC) infrastructure. The Milam County sites, including the newly acquired parcel of land, now have about 563 megawatts of interconnected grid capacity with existing plans expected to scale the capacity to 742 megawatts. Following the acquisition, Bitdeer owns and/or operates about 255 acres in the area and 742 megawatts of existing and pipeline power capacity in Milam County, along with 3 gigawatts of total power capacity across its global site portfolio.

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The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.

华尔街见闻•2026/11/10 18:41