Bitdeer lands $4.7B Norway AI deal as stock surges 23%
Bitdeer lands $4.7B Norway AI deal as stock surges 23%
Bitdeer signed a 16-year Norway colocation agreement expected to generate $4.7 billion in contracted revenue.The Tydal campus will deliver 121 megawatts of IT capacity using renewable Norwegian power sources.An eight-year extension could raise total contract value to approximately $8 billion across twenty-four years.Bitdeer retains full ownership of Tydal while Volta supplies customer, financing and technology relationships globally.Two construction phases target completion by December 2026 and March 2027, subject to execution risks.