Home > Quick > Body

AI TRENDS | Bitdeer Subsidiary Signs Hosting Lease for Norway AI Data Center Site

clock
2026-06-29 14:33:40
Bitdeer Technologies Group said its wholly owned subsidiary, Tydal Data Center AS, has signed a hosting lease for an AI data center site in Tydal, Norway.

According to Foresight News, the lease has not yet taken effect and remains subject to several conditions outside Bitdeer’s control, including the counterparty completing arrangements with external customers and suppliers.

The company said it cannot guarantee these conditions will be met or that the lease will ultimately become effective.

Chief Strategy Officer Haris Basit said signing the agreement is a step in advancing Bitdeer’s global AI infrastructure strategy. He added that once the lease becomes effective, the company will disclose full details, including transaction terms and strategic context.

Bitdeer expects to release that announcement within the next month.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.