Executive Summary Style
Bitdeer Reports 18% Bitcoin Production Increase, Expands Global Infrastructure Footprint
Bitdeer (BTDR) mined 196 BTC in May, an 18% increase from April, as the company aggressively expanded both its mining capacity and international presence.
- Hashrate Surge: Self-mining capacity rose to 13.6 EH/s following the activation of SEALMINER A1 rigs and the ongoing deployment of its A2 lineup.
- Hardware Sales: Bitdeer shipped 1.6 EH/s of SEALMINER A2 units to customers globally.
- Global Expansion:
- Norway: 70 MW of a 175 MW build is online.
- Bhutan: Energization has begun at Jigmeling, aiming for 500 MW.
- Ohio: 221 MW site progressing toward phased completion.
- Ethiopia & Canada: New developments underway with local energy infrastructure.
Tether’s $50 million equity injection adds financial strength as Bitdeer targets 40 EH/s by October.
