Crypto Miner Bitdeer Surges 30% as Company Pushes Deeper Into AI and Data Center Expansion

Markets, Bitdeer, Crypto Mining, Data Centers, News The firm said it sees a “sustained imbalance” between demand and supply of AI computing power, and projected to generate up to $2 billion annually from AI operations. 

Bitcoin (BTC) mining firm Bitdeer Technologies (BTDR) jumped as much as 30% on Wednesday after announcing new steps to fast-track its expansion into high-performance computing (HPC) and artificial intelligence (AI) infrastructure.

The Singapore-based company said it will directly manage development of its own AI data centers rather than rely on …

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