Bitdeer’s June bitcoin production rises 388% as Malaysia AI cloud capacity expands

Bitdeer mined 990 bitcoin in June, up 388% year over year, as its self-mining hash rate reached 73 EH/s. The Singapore-based miner signed a 10-year lease for a 21.7 MW AI cloud data center in Johor Bahru, Malaysia.

June production increased from 921 bitcoin in May and 203 bitcoin in June 2025. Bitdeer's self-mining hash rate rose from 70.2 EH/s in May and 16.5 EH/s a year earlier, while total hash rate under management reached 86.1 EH/s.

"Bitcoin production of 990 BTC, up 388% year-over-year, and self-mining hashrate of 73.0 EH/s reflect continued strength across our mining platform," Chief Financial Officer Michael G. Potter said. Bitdeer ended June with 150 bitcoin, down from 171 at the end of May.

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Bitdeer's co-mining hash rate increased to 15.9 EH/s from 10 EH/s in May. Co-mining uses Bitdeer-owned rigs operated at third-party data centers, and its output is included in the company's reported bitcoin production.

AI Cloud annual recurring revenue rose to about $76 million at the end of June from approximately $69 million in May. Utilization increased to 95% from 90%, with 3,517 of Bitdeer's 4,248 deployed GPUs under external subscriptions.

The Johor Bahru facility is expected to be handed over and energized in the first quarter of 2027. Bitdeer plans to use the site for 128 NVIDIA GB300 NVL72 systems, adding to its existing 11 MW AI Cloud operation in Cyberjaya and a separate 9.5 MW Cyberjaya expansion targeted for the fourth quarter of 2026.

Bitdeer reported 3,025.2 MW of global electrical capacity at the end of June, including 1,797 MW online and 1,228.2 MW in its development pipeline. The company recently began work on a SEALMINER manufacturing facility in Sparks, Nevada, with completion scheduled by the end of 2026.