Bitdeer extends infrastructure strategy from Bitcoin mining to full-stack AI cloud and model studio

Bitdeer is moving from Bitcoin mining to a full AI cloud with rental of Nvidia H100, H200, B200, GB200 and GB300 GPUs. As of July 31, 2026, it has deployed 4,248 GPUs at 95% utilization, with 3,517 GPUs subscribed and ARR of about $76 million.

• 4,248 GPUs deployed, 95% utilization, ARR about $76 million as of July 31, 2026
• H100 rates about 21% below Runpod and 19% below Hyperstack
• H200 is 40% cheaper than Runpod, B200 is 14–26% below competitors
• Average miner efficiency in Q2 was 15.8 J/TH at $44 per MWh