Bitdeer Secures $4.7 Billion Contract for AI Data Center in Norway

Bitdeer has secured a massive $4.7 billion contract to build a gigascale AI data center in Trøndelag, Norway. The project involves significant investment from backers including a16z, Nvidia, and Dell.

4 Aug, 13:55 — 4 Aug, 13:55

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zerohedgeLow5d ago

Bitdeer Lands $4.7B Norway Lease With a16z-, Nvidia- And Dell-Backed Volta

Bitdeer Lands $4.7B Norway Lease With a16z-, Nvidia- And Dell-Backed Volta Bitdeer Technologies Group (NASDAQ: BTDR) announced Aug. 4 that it has executed a 16-year colocation lease and services agreement for 121 IT megawatts at its Tydal, Norway campus, representing roughly $4.7 billion in contracted payments, with a renewal option that takes the potential total to $8.0 billion over 24 years. The announcement sent shares about 14% higher premarket. The tenant is Volta Tydal...

By Tyler Durden

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First report: zerohedge · 4 Aug, 13:55|Full coverage: 3 · 2h|Window: 2h

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zerohedge4 Aug, 13:55First to report

Bitdeer Lands $4.7B Norway Lease With a16z-, Nvidia- And Dell-Backed Volta

2h later

nrk4 Aug, 15:42

Sikret milliardkontrakt - skal bygge gigadatasenter

vg4 Aug, 15:59Latest update

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Bitdeer Secures $4.7 Billion Contract for AI Data Center in Norway

Sources

Bitdeer Lands $4.7B Norway Lease With a16z-, Nvidia- And Dell-Backed Volta

Coverage Timeline

Bitdeer Lands $4.7B Norway Lease With a16z-, Nvidia- And Dell-Backed Volta

Sikret milliardkontrakt - skal bygge gigadatasenter

Gigantisk kontrakt for AI-datasenter i Trøndelag

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