Bitdeer

Bitdeer Technologies Group spun off from Bitmain in January 2021 under founder Jihan Wu to focus exclusively on large-scale mining operations and energy efficiency. The company lists on Nasdaq under the ticker BTDR and operates data centers across Singapore, San Jose, Bhutan, and Norway. Its strategy separates hardware manufacturing from operational services, aiming to maximize uptime and minimize energy costs through strategic site selection.

The business has evolved into a dual-segment model combining Bitcoin mining with artificial intelligence cloud infrastructure. While traditional mining relies on low electricity rates and favorable climates, the new AI division leverages high-density power management to host NVIDIA GPUs for enterprise clients. This pivot allows Bitdeer to capture value from both crypto markets and the surging demand for generative AI compute resources.

Recent financial moves show a shift toward immediate liquidity rather than long-term asset accumulation. By late September 2026, the company reported zero pure Bitcoin holdings after selling approximately 300 BTC produced in weekly cycles. This approach funds aggressive expansion projects like the $1.7 billion Malaysia data center agreement, which targets over 350MW of global capacity by 2028. [edit]