4 Blockchain Stocks That Aren’t Coinbase Bitdeer Technologies Group (NASDAQ:BTDR) said it has entered the artificial intelligence infrastructure colocation market through a 16-year data center lease and services agreement at its Tydal campus in Norway.
The agreement, executed with Volta Tydal AS, a subsidiary of AI infrastructure platform Volta, represents approximately $4.7 billion in contracted revenue during its base term, according to Chief Strategy Officer Haris Basit
An embedded eight-year renewal option could raise the potential value of the arrangement to about $8 billion over 24 years. – Beyond the Halving: The Future of Bitcoin Mining Stocks Under the deal, Bitdeer will lease 121 IT megawatts, supported by 133 gross megawatts, to Volta. The facility will be configured across four existing data halls to operate NVIDIA Rubin GPUs, with Dell Technologies serving as the technology provider. Volta’s sole end customer at the site will be a leading AI lab, Basit said, without identifying the customer.
Two-Phase Delivery Schedule The deployment is divided into two equal phases of 60.5 IT megawatts each. Phase one, spanning data halls two and three and a portion of data hall one, is targeted to begin Dec. 31, 2026. The second phase, covering data hall four and the remainder of hall one, is targeted to commence by March 31, 2027.