Bitdeer Technologies Group has set a timeline for the next phase of its data center expansion, announcing plans to begin delivery of its 901 capacity in January 2027 and to reach 67 MW by the second quarter of that year.

Delivery Schedule and the 67 MW Target

Under the plan, delivery of the 901 capacity is slated to start in January 2027, with the ramp scheduled to hit 67 MW by Q2 2027. The target sits alongside several other projects in Bitdeer's pipeline. For a company repurposing infrastructure built for Bitcoin into capacity for AI workloads, dated milestones like these are how announced plans become measurable, since contracted revenue only begins to accrue once capacity is delivered and energized.

Bitdeer, which is headquartered in Singapore and trades on Nasdaq under the ticker BTDR, has been accumulating capacity commitments for its AI Cloud and high-performance computing (HPC) business, with much of the buildout located in Malaysia.

A201: The Johor Bahru Anchor

The anchor of the Malaysian buildout is the A201 data center in Johor Bahru, which carries roughly 21.7 MW of IT capacity. Bitdeer has secured off-take commitments covering more than 70% of the facility. Pre-selling capacity before a facility is built is standard practice in the data center industry, where long-term off-take agreements underpin project financing and give operators revenue visibility ahead of energization.

A201 is expected to energize in the first quarter of 2027, and Bitdeer anticipates that the contracted capacity will generate more than $1.7 billion in revenue over five years.

Malaysia Buildout Grows

Adjacent to A201, the A202 site adds 65.1 MW of capacity and targets energization in the third quarter of 2027, backed by a 10-year agreement. With A202 included, the Johor Bahru campus is set to reach 86.8 MW in total. Johor Bahru, which sits just across the causeway from Singapore, has drawn growing data center investment as operators seek available power and land near the city-state.

The smaller A102 site, at 9.5 MW, is fully contracted and is expected to contribute more than $800 million.

Following the A201 commitments, Bitdeer's expected revenue backlog for its AI Cloud business has reached approximately $2.9 billion. The company aims to deliver up to 350 MW of AI Cloud capacity by the first quarter of 2028, and recent announcements have brought its secured capacity to approximately 333.5 MW.

The 350 MW plan is being financed largely through customer prepayments and contractual financing, meaning clients are effectively helping fund the infrastructure they will ultimately use.

From Mining Rigs to GPUs

Bitdeer continues to operate as a vertically integrated mining company with operations in several countries. The company can allocate electricity flexibly between mining and AI services, using infrastructure originally built for Bitcoin to host high-performance computing workloads. Long-duration contracts of the kind Bitdeer is signing, with revenue counted over five years for A201 and a 10-year term at A202, are a large part of the appeal of the mining-to-AI shift, because they offer multi-year revenue visibility in place of mining income that fluctuates with Bitcoin prices and network conditions.

Bitdeer has positioned itself as a preferred NVIDIA Cloud Partner, a status within NVIDIA's partner program for providers delivering GPU-based cloud services. Between September and October 2026, the company pushed forward on GPU procurement and signed incremental site agreements to support its operations.

Execution Milestones and Risks

The January 2027 start and the Q2 2027 target remain plans, as do A201's Q1 2027 energization date and A202's Q3 2027 timeline. Because a meaningful share of the contracted capacity sits on a single Malaysian campus, local permitting, power supply, or policy changes could ripple through several projects at once. With approximately $2.9 billion of expected AI Cloud revenue already sitting in the backlog, the coming quarters are less about new announcements and more about converting plans into energized, revenue-generating capacity.

The first test is whether the 901 delivery actually starts in January 2027, followed by A201 energizing on schedule in the first quarter. Attention will then shift to whether the remaining gap between approximately 333.5 MW of secured capacity and the 350 MW goal is closed before the first quarter of 2028.