Bitdeer AI, the cloud computing division of Bitdeer Technologies Group (BTDR), has signed an eight-year data center services agreement for a new 60MW facility in Cyberjaya, Malaysia, extending the company's expansion into high-performance computing infrastructure. News of the deal came as BTDR shares rebounded in pre-market trading on Friday. The stock gained 1.85% to $9.90, a recovery of $0.18 after falling 6.54% to $9.72 in the previous session. The company said the multiyear agreement strengthens the infrastructure base available for future customer contracts.

A103 Facility to Add 60MW at Cyberjaya Campus

The agreement covers Bitdeer's new A103 facility, which will contribute 60MW of computing capacity to the company's existing campus in Cyberjaya. The site is designed to host liquid-cooled NVIDIA systems engineered for large-scale computing workloads, and Bitdeer plans to equip it with infrastructure supporting NVIDIA's next-generation Vera Rubin platform, positioned on the chipmaker's roadmap after its current-generation Blackwell systems.

Bitdeer expects to energize the facility during the first quarter of 2028, the same window in which the company aims to complete its broader 350MW capacity target. The project will draw on existing power, cooling, and networking infrastructure at the campus, an approach the company said will streamline construction and equipment deployment.

A103 will operate alongside the existing A101 and A102 facilities, becoming the third data center at the Cyberjaya site. Once all three are online, they are expected to provide approximately 71.5MW of cloud computing capacity, strengthening Bitdeer's Malaysian operations and enlarging the infrastructure available for future customer contracts. A103 accounts for the bulk of that planned total, with the two earlier facilities supplying the remaining roughly 11.5MW.

Secured Capacity Climbs to 333.5MW Toward 350MW Goal

With the latest agreement, Bitdeer AI's secured data center capacity now totals approximately 333.5MW, spanning facilities in Malaysia, Norway, and the United States that are held under ownership arrangements or executed service agreements. That figure represents roughly 95% of the company's planned 350MW capacity target, which Bitdeer aims to deliver by the first quarter of 2028, leaving about 16.5MW still to be secured before the goal is reached.

The company continues to develop infrastructure to accommodate growing demand for advanced computing services. Its active pipeline for cloud capacity is now estimated at more than $10 billion — a dollar-value measure of prospective business beyond the capacity already under contract.

Chief Financial Officer Michael G. Potter said the Malaysian expansion supports the company's infrastructure development schedule, noting that existing campus resources will help streamline construction and equipment deployment. Bitdeer also plans to reserve additional computing capacity for customers seeking next-generation systems in 2028.

Customer Commitments Cover More Than 70% of New Facility

Separately, Bitdeer AI has secured customer commitments covering more than 70% of the capacity at its upcoming Malaysian cloud facility. The agreements underpin a multiyear revenue backlog tied to infrastructure services and give the company contracted demand ahead of the facility's planned operational launch, with less than 30% of the site's capacity still uncommitted.

The division is also procuring NVIDIA GB300 NVL72 systems for its Malaysian operations. The equipment is intended to expand GPU computing resources and support larger customer workloads, forming part of Bitdeer's broader effort to increase scalable computing capacity across its network.

Bitdeer has been broadening its business beyond its established cryptocurrency mining operations into cloud infrastructure and advanced computing services. Its Malaysian projects combine contracted capacity, newly procured equipment, and existing infrastructure in support of that strategy. Together, the projects anchor the company's scaling of AI cloud capacity toward its 2028 goal. Key markers ahead include A103's first-quarter 2028 energization, the completion of the remaining capacity needed to reach the 350MW target, and the deployment of the GB300 NVL72 systems already on order. The company said the 60MW agreement advances its 2028 development target as BTDR shares recover from Thursday's decline.

Originally published by Blockonomi.