Bitdeer (NASDAQ: BTDR), a miner and AI-cloud operator, secured Malaysian offtake commitments representing over $1.7 billion in expected five-year revenue.
Bitdeer’s October 19 SEC-filed press release reported offtake commitments covering more than 70% of its A201 facility in Malaysia. Chief Financial Officer Michael G. Potter attributed more than $1.7 billion of expected revenue over five years to those commitments, bringing the company’s reported AI Cloud revenue backlog to approximately $2.9 billion.