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Bitdeer is the world's leading provider of digital asset mining services. Since its establishment, Bitdeer has committed to providing a full range of reliable miner-sharing services, compliant global mining infrastructure, and efficient smart mining management services for users around the world. It enables anyone, experienced or novice users, to start mining with just one click.
AI cloud infrastructure company Volta Infra Holdings announced the completion of $300 million in venture financing, reaching a valuation of $2.4 billion.
According to Bloomberg, AI cloud infrastructure company Volta Infra Holdings announced the completion of $300 million in venture financing, achieving a valuation of $2.4 billion, co-led by Andreessen Horowitz and Altimeter Capital, with participation from NVIDIA and Michael Dell, founder of Dell Technologies. Additionally, Volta secured support from a $5 billion customer financing pool designed to help small and medium-sized AI enterprises lower the barrier to purchasing NVIDIA high-end chips. The company also disclosed it has signed a $10 billion, six-year cloud computing service contract with an unnamed leading AI developer. The contract will be fulfilled in partnership with Bitdeer, delivered via its 133 MW data center in Norway. Volta was co-founded earlier this year by former Brookfield Asset Management infrastructure executives Ricard Boada and Sofia Gumuzio. It has currently secured 1 GW of data center power resources and plans to develop new sites in Texas and Wyoming, aiming to deploy multi-gigawatt compute capacity before 2030.
Bitcoin Treasury Companies Shift Strategy: Selling BTC, Repaying Debt, and Betting on AI as Stock Plunges Force Strategic Pivot
Odaily News As Bitcoin prices have experienced a significant correction, publicly listed companies that had accumulated large BTC holdings are facing multiple challenges, including falling stock prices, debt pressures, and a deteriorating financing environment. Some of these companies are now starting to sell Bitcoin, repay debts, and even pivot towards artificial intelligence (AI) data center operations.Strategy pioneered the "Digital Asset Treasury (DAT)" model, continuously purchasing Bitcoin through financing and borrowing, inspiring a wave of other listed companies to follow suit. However, as the BTC price has fallen approximately 50% from its peak of around $126,000 in October 2025, the stock prices of related companies have also shrunk significantly, forcing them to reassess their BTC accumulation strategies.This week, shareholders of London-listed company Satsuma Technology approved the liquidation of all 668 BTC, returning capital to shareholders, while proceeding with delisting. Another London-listed company, The Smarter Web Company, sold 178 BTC to repay its convertible debt.Additionally, Sequans Communications has sold 1,025 BTC and further sold nearly 80% of its remaining holdings to repay convertible bonds. The company stated it will not continue purchasing Bitcoin in the future and plans to sell the remaining approximately 658 BTC.Nakamoto's stock price has fallen approximately 99% since its SPAC listing in May 2025. The company recently sold about 284 BTC, raising approximately $20 million for working capital. Of its remaining approximately 5,342 BTC, nearly 70% has been pledged as collateral for loans from Kraken, which market observers believe poses a potential risk event.Meanwhile, Bitcoin mining companies are also adjusting their strategies. Companies like Bitdeer Technologies and MARA Holdings are selling portions of their BTC to repurchase shares, repay debts, and redirect energy resources and computing infrastructure towards AI data center operations.Other companies selling BTC include Empery Digital. Data shows that Strategy has recently sold approximately 3,620 BTC and has authorized further asset sales to maintain its U.S. dollar reserves.However, Strategy remains the world's largest corporate holder of Bitcoin, with holdings exceeding 840,000 BTC. The company's CEO, Michael Saylor, stated that while it may sell some Bitcoin in the future to pay dividends, this does not mean the company is exiting its Bitcoin investment.Beyond asset adjustments, management and capital operations at some Bitcoin treasury companies are also changing. Jack Mallers has stepped down as CEO; and Bitcoin Standard Treasury Company (BSTR), affiliated with Adam Back, failed to complete a proposed merger due to the deteriorating market environment.Analysts believe that with rising financing costs and increased BTC price volatility, the "borrowing to buy Bitcoin" treasury model is undergoing a reshuffle. Some companies are shifting from simply hoard
Wall Street analysts upgraded ratings for several crypto companies, believing the market has undervalued their AI infrastructure and capital markets transformation potential.
According to The Block, three Wall Street firms—Benchmark, TD Cowen, and Mizuho—maintained “Buy” ratings on four crypto-related companies—Bitdeer, DeFi Technologies, Strive, and Gemini—on Monday, noting that the market continues to value these platforms, which have pivoted toward AI infrastructure, capital markets tools, and structured financial products, using trading-business valuation multiples. Benchmark analysts reiterated their “Buy” rating on Bitdeer and $27 price target, highlighting its global power asset portfolio of approximately 3.0 GW and the growth of its AI cloud business’s annual recurring revenue—from roughly $10 million at the end of January to approximately $69 million by the end of April. TD Cowen raised its price target for Strive to $30, forecasting a 26.1% Bitcoin yield for the company in 2026. Mizuho maintained its “Outperform” rating on Gemini but lowered its price target from $12 to $10, noting that although Q1 trading volume declined by over 50%, trading revenue remained largely flat—reflecting higher fee rates and an optimized revenue mix.
Duquesne Family Office exits Intel and Micron Technology, builds positions in four Bitcoin mining companies
Odaily News: Duquesne Family Office, managed by Stanley Druckenmiller, has exited its positions in Intel and Micron Technology, and established new positions in four publicly listed Bitcoin mining companies: Bitdeer Technologies, Riot Platforms, Hut 8, and IREN. (BitcoinNews)
Bitcoin Treasury Companies Shift Strategy: Selling BTC, Repaying Debt, and Betting on AI as Stock Plunges Force Strategic Pivot
Odaily News As Bitcoin prices have experienced a significant correction, publicly listed companies that had accumulated large BTC holdings are facing multiple challenges, including falling stock prices, debt pressures, and a deteriorating financing environment. Some of these companies are now starting to sell Bitcoin, repay debts, and even pivot towards artificial intelligence (AI) data center operations.Strategy pioneered the "Digital Asset Treasury (DAT)" model, continuously purchasing Bitcoin through financing and borrowing, inspiring a wave of other listed companies to follow suit. However, as the BTC price has fallen approximately 50% from its peak of around $126,000 in October 2025, the stock prices of related companies have also shrunk significantly, forcing them to reassess their BTC accumulation strategies.This week, shareholders of London-listed company Satsuma Technology approved the liquidation of all 668 BTC, returning capital to shareholders, while proceeding with delisting. Another London-listed company, The Smarter Web Company, sold 178 BTC to repay its convertible debt.Additionally, Sequans Communications has sold 1,025 BTC and further sold nearly 80% of its remaining holdings to repay convertible bonds. The company stated it will not continue purchasing Bitcoin in the future and plans to sell the remaining approximately 658 BTC.Nakamoto's stock price has fallen approximately 99% since its SPAC listing in May 2025. The company recently sold about 284 BTC, raising approximately $20 million for working capital. Of its remaining approximately 5,342 BTC, nearly 70% has been pledged as collateral for loans from Kraken, which market observers believe poses a potential risk event.Meanwhile, Bitcoin mining companies are also adjusting their strategies. Companies like Bitdeer Technologies and MARA Holdings are selling portions of their BTC to repurchase shares, repay debts, and redirect energy resources and computing infrastructure towards AI data center operations.Other companies selling BTC include Empery Digital. Data shows that Strategy has recently sold approximately 3,620 BTC and has authorized further asset sales to maintain its U.S. dollar reserves.However, Strategy remains the world's largest corporate holder of Bitcoin, with holdings exceeding 840,000 BTC. The company's CEO, Michael Saylor, stated that while it may sell some Bitcoin in the future to pay dividends, this does not mean the company is exiting its Bitcoin investment.Beyond asset adjustments, management and capital operations at some Bitcoin treasury companies are also changing. Jack Mallers has stepped down as CEO; and Bitcoin Standard Treasury Company (BSTR), affiliated with Adam Back, failed to complete a proposed merger due to the deteriorating market environment.Analysts believe that with rising financing costs and increased BTC price volatility, the "borrowing to buy Bitcoin" treasury model is undergoing a reshuffle. Some companies are shifting from simply hoard
Multiple listed companies are abandoning their bitcoin reserve strategies, with Bitdeer, Prenetics, and others having fully liquidated their BTC holdings
Odaily Odaily报道，VanEck数字资产研究主管Matthew Sigel在X平台发文表示，自2026年以来，多家采用数字资产财库（DAT）策略的上市公司已放弃或调整比特币储备策略。其中，Satsuma Technology、Bitdeer、Prenetics、Genius Group、Vaultz Capital、MAIA Biotechnology等公司已出售全部比特币或数字资产持仓；MARA Holdings、Strategy、Nakamoto、Smarter Web Company、Cango等则通过出售部分比特币用于偿债、回购股份或补充营运资金。此外，Exodus、DigitalX等企业也由单纯囤币转向主动管理数字资产持仓。
Wall Street analysts upgraded ratings for several crypto companies, believing the market has undervalued their AI infrastructure and capital markets transformation potential.
According to The Block, three Wall Street firms—Benchmark, TD Cowen, and Mizuho—maintained “Buy” ratings on four crypto-related companies—Bitdeer, DeFi Technologies, Strive, and Gemini—on Monday, noting that the market continues to value these platforms, which have pivoted toward AI infrastructure, capital markets tools, and structured financial products, using trading-business valuation multiples. Benchmark analysts reiterated their “Buy” rating on Bitdeer and $27 price target, highlighting its global power asset portfolio of approximately 3.0 GW and the growth of its AI cloud business’s annual recurring revenue—from roughly $10 million at the end of January to approximately $69 million by the end of April. TD Cowen raised its price target for Strive to $30, forecasting a 26.1% Bitcoin yield for the company in 2026. Mizuho maintained its “Outperform” rating on Gemini but lowered its price target from $12 to $10, noting that although Q1 trading volume declined by over 50%, trading revenue remained largely flat—reflecting higher fee rates and an optimized revenue mix.
Publicly traded Bitcoin mining companies sold over 32,000 BTC in Q1 2026—more than the entire year of 2025
According to Cointelegraph, publicly listed Bitcoin mining companies collectively sold over 32,000 BTC in Q1 2026—exceeding their total sales for all of 2025 and setting a new quarterly record. Data from TheMinerMag indicates that the relevant companies include MARA, CleanSpark, Riot, Cango, Core Scientific, and Bitdeer. The report also notes that the current miner hash price stands at approximately $33 per PH/s per day—below the breakeven level of roughly $35 per PH/s per day for some mining firms. Additionally, according to CryptoQuant data, Bitcoin miners’ reserves have declined from over 1.86 million BTC in 2023 to approximately 1.8 million BTC.
Bitdeer: AI Cloud Business Order Backlog Reaches $2.9 Billion, September Bitcoin Production Up 200% Year-On-Year
Bitdeer Technologies Group filed Form 6-K with the SEC on October 19, 2026, and released its September 2026 production and operational update. The company announced new AI cloud capacity agreements in Malaysia, stating that over 70% of the A201 facility is covered by take commitments, projecting more than $1.7 billion in revenue over five years, with AI cloud revenue backlog increasing to approximately $2.9 billion. Bitcoin production reached 1,355 BTC, up 200% year-over-year. The company also acquired 200 acres of land near its Rockdale facility in Texas to support AI/HPC infrastructure development, and announced a 16-year lease for its Tydal data center in Norway, with a total contract value of approximately $4.7 billion.
Bitdeer maintains zero Bitcoin holdings, sells 294.2 BTC this week.
Bitdeer announced a weekly Bitcoin update on the X platform, stating that as of October 16, its Bitcoin production for the week totaled 294.2 BTC, all of which have been sold, resulting in a net increase of 0 BTC. Its current Bitcoin holdings stand at 0 (excluding customer deposits).
Bitdeer sold 300.6 BTC this week, maintaining zero Bitcoin holdings.
Bitdeer posted a weekly Bitcoin update on the X platform, stating that as of October 9, its Bitcoin production for the week was 300.6 BTC, all of which were sold, resulting in a net acquisition of 0 BTC. Its current Bitcoin holdings stand at 0 (excluding customer deposits).
Bitdeer AI Adds 67MW Data Center to Host NVIDIA GB300 Systems
Bitdeer AI has secured a 67MW data center campus in Malaysia, planned to host NVIDIA GB300 systems. Following this expansion, its secured AI cloud business capacity has increased to 273.5MW, and its AI cloud business pipeline is expected to have exceeded $10 billion.
Bitdeer reported first-half net revenue of $417.7 million and a net loss of $251.8 million.
Bitdeer released its unaudited consolidated financial statements for the six months ended June 30, 2026; Bitdeer's net revenue for the first half of 2026 was $417.7 million, compared to $225.7 million in the same period last year; gross loss was $47.57 million, operating loss was $208.3 million, and net loss was $251.8 million, whereas a net profit of $42.38 million was recorded in the same period last year.
Soluna and Bitdeer Expand Texas Joint Mining Project to 35MW
Soluna Holdings has announced an amended agreement with Dory Creek, a subsidiary of Bitdeer Technologies Group, to increase the Bitcoin mining capacity of its Project Kati 1 in South Texas, USA by 7MW, bringing the total power allocation for the project between the two parties to 35MW and filling the K1BC phase capacity. This expansion adopts a joint mining model, with Bitdeer providing and retaining ownership of Sealminer A2 Pro Air miners, while Soluna is responsible for data center infrastructure, power, and operational management, with mining revenue shared between the two parties. The additional 7MW is expected to be fully deployed by November 2026. (TheEnergyMag)
Related news
Bitdeer: AI Cloud Business Order Backlog Reaches $2.9 Billion, September Bitcoin Production Up 200% Year-On-Year
Bitdeer Technologies Group filed Form 6-K with the SEC on October 19, 2026, and released its September 2026 production and operational update. The company announced new AI cloud capacity agreements in Malaysia, stating that over 70% of the A201 facility is covered by take commitments, projecting more than $1.7 billion in revenue over five years, with AI cloud revenue backlog increasing to approximately $2.9 billion. Bitcoin production reached 1,355 BTC, up 200% year-over-year. The company also acquired 200 acres of land near its Rockdale facility in Texas to support AI/HPC infrastructure development, and announced a 16-year lease for its Tydal data center in Norway, with a total contract value of approximately $4.7 billion.
Bitdeer maintains zero Bitcoin holdings, sells 294.2 BTC this week.
Bitdeer announced a weekly Bitcoin update on the X platform, stating that as of October 16, its Bitcoin production for the week totaled 294.2 BTC, all of which have been sold, resulting in a net increase of 0 BTC. Its current Bitcoin holdings stand at 0 (excluding customer deposits).
Bitdeer AI Adds New 60MW Data Center in Malaysia, Global AI Cloud Capacity Reaches 95% of 350MW Target
According to The Latent (@TheLatentCo), Bitdeer AI has added 60MW of data center capacity in Malaysia, bringing its global AI cloud portfolio to 333.5MW and achieving 95% of its 350MW target. The new facility is specifically designed for NVIDIA's next-generation Vera Rubin system and is expected to officially come online in Q1 2028.
Volta AI 50 亿美元贷款承销结构生变：摩根大通、高盛仅承销 13 亿美元
据彭博社报道，摩根大通与高盛正牵头为 AI 云服务公司 Volta Infrastructure Holdings（Volta AI）安排总额 50 亿美元的贷款承销交易，但仅承销其中 13 亿美元的定期贷款，以降低自身风险敞口。据悉，这笔 13 亿美元的定期贷款交易将用于支付 Volta 使用比特币矿企 Bitdeer 数据中心的租赁费用，截至目前摩根大通、高盛和 Volta 的公司代表均拒绝对此事给予置评。
Bitdeer sold 300.6 BTC this week, maintaining zero Bitcoin holdings.
Bitdeer posted a weekly Bitcoin update on the X platform, stating that as of October 9, its Bitcoin production for the week was 300.6 BTC, all of which were sold, resulting in a net acquisition of 0 BTC. Its current Bitcoin holdings stand at 0 (excluding customer deposits).
Bitdeer AI Adds 67MW Data Center to Host NVIDIA GB300 Systems
Bitdeer AI has secured a 67MW data center campus in Malaysia, planned to host NVIDIA GB300 systems. Following this expansion, its secured AI cloud business capacity has increased to 273.5MW, and its AI cloud business pipeline is expected to have exceeded $10 billion.