Bitdeer Technologies Group continues to surprise the market. According to my analysis of the company's operational data, in July the miner produced a record 1,190 BTC. This is an impressive 20% increase compared to June figures and a massive +322% year-over-year. The company is confidently increasing its share of global Bitcoin block rewards, which has exceeded 8.7%. For comparison: a month earlier, this figure was about 7.4%, and a year ago — less than 2%. Such dynamics indicate systematic work, not one-off luck.
Bitdeer's proprietary hash rate has grown to approximately 76.7 EH/s, and including joint mining agreements — to 18.7 EH/s. The key growth driver was the deployment of its own Sealminer installations. This is a strategically sound move: control over hardware gives the company independence from third-party suppliers and a competitive cost advantage.
In August, Bitdeer entered into an agreement with Soluna to launch mining at a wind energy facility in Texas. The installation of Sealminer A2 Pro Air ASIC miners with a total capacity of 28 MW will add about 1.93 EH/s of hash rate as early as September. The use of renewable energy is not just an ESG agenda but also a real way to reduce operational risks amid volatile electricity prices.
The AI boom as a second growth vector
Bitdeer is not limited to mining. The company is actively monetizing its AI direction. The AI Cloud A102 data center in Malaysia with a capacity of 9.5 MW is fully contracted under long-term agreements, with expected revenue exceeding $800 million. Negotiations are underway for the A201 site with 21.7 MW of IT load, and initial advance payments are expected within a month.
Of particular note is the 16-year agreement for the high-performance computing campus in Tindal (Norway). The base contract value is about $4.7 billion, but with a one-time lease extension for eight years, the total volume could grow to $8 billion. The 121 MW IT-capacity facility runs entirely on renewable energy. This is the largest deal of its kind in the industry.
The trend is obvious: public miners are transforming into diversified digital infrastructure operators. In the first six months of the year, capital expenditures by 15 public Bitcoin miners and AI operators on equipment reached $30.7 billion — 42.6% more than for the entire year of 2025. Bitdeer is at the forefront of this process.
My conclusion: Bitdeer demonstrates a rare ability among miners to balance between BTC mining and high-margin AI contracts. However, investors should closely monitor the debt burden and the execution of the Norwegian mega-project — the scale of ambition requires equally large capital.