Bitdeer mined 783 bitcoin in April as AI cloud ARR rose to $69 million

Bitdeer (NASDAQ: BTDR) said on Tuesday that it mined 783 bitcoin successful April 2026, a 372% summation from 166 bitcoin a twelvemonth earlier. The institution besides reported that its AI unreality annualized recurring gross reached astir $69 million, up 60% from astir $43 cardinal successful March.

Total hash complaint nether absorption grew to 87.4 EH/s astatine the extremity of April, up from 78.1 EH/s successful March and 25.1 EH/s a twelvemonth earlier. Self-mining hash complaint was 65.5 EH/s portion co-mining hash complaint roseate to 8.4 EH/s from 4.4 EH/s the anterior month. Total mining rigs nether absorption accrued to 297,000 from 262,000 successful March.

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On the AI side, Bitdeer accrued its deployed GPU number to 4,184 from 2,128 successful March. GPUs nether outer subscription roseate to 3,323 from 1,948. Utilization decreased to 92% from 94% successful March. Recent hardware deliveries included 2 GB300 units to its leased Malaysia datacenter astatine the extremity of April and 16 B300 units successful the U.S. successful aboriginal May.

Bitdeer said it was negotiating with a prospective colocation tenant for its Tydal, Norway site. “We are successful precocious stages of negotiations with a prospective colocation tenant for our Tydal, Norway site, which we expect would people a defining milestone successful our colocation strategy and unlock a important caller semipermanent gross stream,” said Matt Kong, main concern serviceman of Bitdeer. The institution besides said it remained successful progressive dialog regarding sites successful Ohio, Rockdale, Texas and different locations.

The April update besides included the motorboat of the SEALMINER A4 series, which includes the A4 Ultra Hydro, A4 Pro Hydro and A4 Pro Air models. Bitdeer said the A4 bid achieved an ratio of 9.45 J/TH. The institution listed 3.0 GW arsenic its planetary vigor capacity.

Bitdeer held 73 bitcoin astatine the extremity of April, up from 31 successful March but down from 1,246 a twelvemonth earlier. Self-mining rigs totaled 218,000, up from 207,000 the anterior month.

Some of Bitdeer’s infrastructure enlargement whitethorn beryllium delayed. The institution said timing for its 570 MW Clarington, Ohio colocation tract whitethorn be affected by ongoing ineligible proceedings filed by American Heavy Plate Solutions, a neighboring company. Design and mentation enactment astatine that tract continues.

Separately, Bitdeer noted that reconstruction of 2 fire-damaged buildings astatine its Massillon, Ohio site, totaling 26 MW, is underway and expected to beryllium rebuilt and energized by the extremity of the 3rd quarter. The institution said it anticipates the full reconstruction outgo volition beryllium astir afloat recovered done insurance.