🇸🇬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.

The September operating update separately listed an AI Cloud pipeline of 333.5 megawatts of IT capacity and AI Cloud annual recurring revenue of approximately $86 million. Pipeline capacity, revenue backlog, and recurring revenue are distinct measures; the filing excerpt does not establish that the entire pipeline is deployed or contracted.

Bitdeer continues to operate a substantial Bitcoin-mining business alongside its AI infrastructure activities. Its unaudited September update reported production of 1,355 Bitcoins, up 200% year over year, with self-mining and co-mining hash rates of 82.3 exahashes per second and 28.7 exahashes per second, respectively.

The SEC filing establishes that Bitdeer disclosed these figures, not that the expected five-year revenue has been independently verified or recognized. The supplied excerpt does not identify the Malaysian customers or provide cancellation provisions, payment security, financing conditions, or deployment dates.