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Bitdeer Accelerates AI Data-Center Pivot With 570 MW Clarington Boost, Shares Leap 30%

Management outlines more than 200 MW of AI capacity by late 2026, backed by improving self-mining metrics.

Overview

  • The company will directly develop and operate AI/HPC facilities starting at its Clarington, Ohio site instead of relying on partners.
  • A local utility confirmed all 570 megawatts for Clarington will be available by the end of Q3 2026, nearly a year ahead of plan.
  • Bitdeer projects deploying over 200 MW for AI workloads by end-2026 and, in an optimistic case, more than $2 billion in annualized AI revenue.
  • Operations expanded across its power footprint, including conversions at Tydal, Norway and Wenatchee, Washington, energizing Tydal and Jigmeling, Bhutan, and launching a 300 MW site in Niles, Ohio to reach about 3 GW of pipeline capacity.
  • Core mining improved to 452 BTC in September with self-mining at 35 EH/s and a 40 EH/s target for late October, while SEALMINER A3 mass production begins and analysts lift price targets after the stock’s surge.