Bitdeer Announces October 2025 Production and Operations Update
Bitdeer (NASDAQ: BTDR) reported October 2025 operational results and infrastructure updates. Self-mining produced 511 BTC in October, +13% month-over-month, and self-mining hashrate reached 41.2 EH/s, surpassing its 40 EH/s target. Total proprietary deployed hash rate was 41.3 EH/s and total hash rate under management was 55.5 EH/s as of October 31, 2025.
SEALMINER deployments increased deployed proprietary rigs to 28.9 EH/s in October; SEAL04 chip testing showed ~6–7 J/TH in low-voltage mode, targeting mass production in Q1 2026 but noting significant development delays. AI cloud ARR reached US$8 million with 584 GPUs deployed (87% utilization). Multiple U.S. and global data center conversions and energization milestones are in progress with several Q4 2025–Q4 2026 target dates.
Bitdeer (NASDAQ: BTDR) ha riportato i risultati operativi di ottobre 2025 e gli aggiornamenti sull'infrastruttura. L'auto-minaggio ha prodotto 511 BTC in ottobre, +13% su base mensile, e la hashrate di auto-mining ha raggiunto 41,2 EH/s, superando l'obiettivo di 40 EH/s. La velocità di hash totale proprietaria deployata era 41,3 EH/s e la hash rate totale gestita era 55,5 EH/s al 31 ottobre 2025.
Le implementazioni SEALMINER hanno aumentato le reti proprietarie deployate a 28,9 EH/s in ottobre; i test del chip SEAL04 hanno mostrato ~6–7 J/TH in modalità a bassa tensione, con l'obiettivo di una produzione di massa nel Q1 2026 ma evidenziando significativi ritardi nello sviluppo. L'ARR AI cloud ha raggiunto US$8 milioni con 584 GPU impiegate (87% di utilizzo). Sono in corso molte conversioni e milestone di energizzazione in data center negli Stati Uniti e a livello globale con diverse date target per il Q4 2025–Q4 2026.
Bitdeer (NASDAQ: BTDR) informó los resultados operativos de octubre de 2025 y actualizaciones de infraestructura. La minería propia produjo 511 BTC en octubre, +13% mes a mes, y la tasa de hash de auto-minería alcanzó 41,2 EH/s, superando su objetivo de 40 EH/s. La tasa de hash total propiedad desplegada fue 41,3 EH/s y la tasa de hash total gestionada fue 55,5 EH/s al 31 de octubre de 2025.
Los despliegues de SEALMINER aumentaron las rigs propietarias desplegadas a 28,9 EH/s en octubre; las pruebas del chip SEAL04 mostraron ~6–7 J/TH en modo de baja tensión, con miras a producción en masa en el primer trimestre de 2026, pero se señalan retrasos significativos en el desarrollo. El ARR AI cloud alcanzó US$8 millones con 584 GPU desplegadas (87% de utilización). Varias conversiones de data centers en EE. UU. y a nivel mundial y hitos de energización están en progreso con varias fechas objetivo para 2025 Q4–2026 Q4.
Bitdeer (NASDAQ: BTDR)는 2025년 10월 운용 실적 및 인프라 업데이트를 발표했습니다. 셀프 마이닝은 10월에 511 BTC를 생산했고, 전월 대비 +13%, 셀프마이닝 해시레이트는 41.2 EH/s에 도달하여 목표 40 EH/s를 넘어섰습니다. 총 독점 배포 해시율은 41.3 EH/s였고 2025년 10월 31일 기준 총 관리 해시율은 55.5 EH/s였습니다.
SEALMINER 배치로 독점 장비 해시율이 10월에 28.9 EH/s로 증가했습니다. SEAL04 칩 테스트는 저전압 모드에서 ~6–7 J/TH를 보였으며 2026년 1분기 대량 생산을 목표로 하지만 개발 지연이 큼을 지적했습니다. AI 클라우드 ARR은 미화 800만 달러에 도달했고 584개의 GPU가 배치되었습니다(가동률 87%). 미국 및 글로벌 데이터 센터의 여러 전환 및 전원 인가 마일스톤이 진행 중이며 2025년 Q4~2026년 Q4 목표일이 다수입니다.
Bitdeer (NASDAQ: BTDR) a publié les résultats opérationnels d'octobre 2025 et les mises à jour d'infrastructure. Le minage en propre a produit 511 BTC en octobre, soit +13 % mois sur mois, et le hashrate de minage en propre a atteint 41,2 EH/s, dépassant l'objectif de 40 EH/s. Le taux de hachage propriétaire déployé total était de 41,3 EH/s et le taux de hachage total sous gestion était de 55,5 EH/s au 31 octobre 2025.
Les déploiements SEALMINER ont augmenté les rigs propriétaires déployés à 28,9 EH/s en octobre ; les tests du puce SEAL04 ont montré ~6–7 J/TH en mode basse tension, visant une production de masse au T1 2026 mais impliquent des retards de développement significatifs. L'ARR AI Cloud a atteint US$8 millions avec 584 GPU déployées (87 % d'utilisation). De nombreuses conversions et jalons d'alimentation d'unités de data centers américains et mondiaux sont en cours avec plusieurs dates cibles pour Q4 2025–Q4 2026.
Bitdeer (NASDAQ: BTDR) hat die operativen Ergebnisse Oktober 2025 und Infrastrukturupdates bekannt gegeben. Eigenbetriebene Minen produzierten im Oktober 511 BTC (+13% gegenüber dem Vormonat), und die Hashrate des Eigenbetriebs erreichte 41,2 EH/s, wodurch das Ziel von 40 EH/s übertroffen wurde. Die insgesamt bereitgestellten proprietären Hashraten betrug 41,3 EH/s und die insgesamt verwaltete Hashrate betrug 55,5 EH/s per 31. Oktober 2025.
SEALMINER-Bereitstellungen erhöhten die bereitgestellten proprietären Rig-Hashes auf 28,9 EH/s im Oktober; SEAL04-Chip-Tests zeigten ~6–7 J/TH im Niederspannungsmodus, mit dem Ziel einer Massenproduktion im Q1 2026, jedoch wurden signifikante Entwicklungsverzögerungen festgestellt. Die AI-Cloud-ARR erreichte US$8 Millionen mit 584 GPUs im Einsatz (87% Auslastung). Mehrere US- und globale Rechenzentrumsumwandlungen und Inbetriebnahme-Meilensteine sind in Bearbeitung mit mehreren Zielterminen für Q4 2025–Q4 2026.
Bitdeer (NASDAQ: BTDR) أبلغت عن نتائج التشغيل لشهر أكتوبر 2025 وتحديثات البنية التحتية. الإنتاج الذاتي من التعدين أُنتج 511 BTC في أكتوبر، بزيادة +13% عن الشهر السابق، وبلغ معدل التجزئة الخاص بالتعدين الذاتي 41.2 EH/s، متجاوزاً هدفه البالغ 40 EH/s. كان إجمالي معدل التجزئة المملوك المُنشأ 41.3 EH/s وإجمالي معدل التجزئة تحت الإدارة 55.5 EH/s حتى 31 أكتوبر 2025.
زادت نشرات SEALMINER من تشغيل أجهزة التعدين المملوكة إلى 28.9 EH/s في أكتوبر؛ أظهرت اختبارات رقاقة SEAL04 نحو 6–7 J/TH في وضع الجهد المنخفض، مع هدف إنتاج جماعي في الربع الأول من 2026 مع الإشارة إلى تأخيرات كبيرة في التطوير. وصل ARR سحابة AI إلى US$8 ملايين مع نشر 584 وحدة GPU (استخدام 87%). يجري تحويل وتفعيل مراكز البيانات الأمريكية والعالمية مع عدة تواريخ هدف للربع الرابع 2025 وحتى الربع الرابع 2026.
- Self-mined Bitcoins: 511 BTC in October (+13% MoM)
- Self-mining hashrate reached 41.2 EH/s
- Total hash rate under management: 55.5 EH/s
- Proprietary deployed hash rate: 41.3 EH/s
- AI cloud ARR: US$8 million
- GPU deployment: 584 GPUs with 87% utilization
- Development of next-generation SEAL04 is significantly delayed
- SEAL04 mass production only targeted in Q1 2026
- Conversion of U.S. AI data centers targeted no earlier than Q4 2026
Insights
Bitdeer raised proprietary hash rate, grew mined Bitcoin and AI ARR, but next‑gen chip delays and phased energizations are key limits.
Bitdeer delivered higher self‑mining output, reporting 511 Bitcoins mined in October and a self‑mining hashrate of 41.2 EH/s, which surpassed its 40 EH/s target; proprietary deployed hash rate rose to 41.3 EH/s and total hash rate under management reached 55.5 EH/s. On the AI side, the company reported
Key dependencies and risks are explicit: the first SEAL04 chip showed promising efficiency (~6-7 J/TH) but mass production is only targeted for
Items to monitor closely: actual SEAL04 mass production timing and yield in
- Increased self-mining hashrate to 41.2 EH/s on continued deployment of SEALMINERs
- Energization commenced at Massillon, Ohio and Oromia Region, Ethiopia sites
SINGAPORE, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for Bitcoin mining and AI cloud, today announced its unaudited mining and operations updates for October 2025.
Operational Update
- Self-mining:
- Mined 511 Bitcoins, an increase of approximately
13% from September 2025. - Self-mining hashrate reached 41.2 EH/s, surpassing the Company’s 40 EH/s target.
- Bitdeer will continue deploying SEALMINER mining rigs for self-mining while concurrently retiring third-party, older-generation rigs.
- Mined 511 Bitcoins, an increase of approximately
- SEALMINER Manufacturing:
| Mining Rig Model (EH/s) | Stage | October 2025 | September 2025 |
| SEALMINER A3 | In final assembly | 0.3 | 0.2 |
| SEALMINER A2 | In final assembly | 2.6 | 2.8 |
| Ready for shipping | 0.6 | - | |
| In transit | 4.5 | 5.5 | |
| External sales | 6.1 | 6.1 | |
| Deployed | 28.9 | 22.6 | |
| SEALMINER A1 | Deployed | 4.2 | 4.1 |
| 3rd Party Miners | Deployed | 8.2 | 8.3 |
| Total Proprietary Hash Rate | Deployed | 41.3 | 35.0 |
- SEALMINER R&D
- The first SEAL04 chip’s latest verification demonstrated approximately 6-7 J/TH power efficiency at the chip level under low-voltage, ultra-power-saving mode. Targeting mass production in Q1 2026.
- Development of the next-generation SEAL04 is significantly delayed.
- U.S. Manufacturing: Preparations for Bitdeer’s U.S. factory remain in progress.
- HPC/AI:
- Achieved US
$8 million AI cloud ARR as of October, supported by continued customer demand for NVIDIA B200 systems. - Deployed 584 GPUs as of October 2025, with
87% utilization (510 GPUs subscribed). Unutilized GPUs are new B200s, which are undergoing customer testing. - 8 NVL72 systems are being deployed to data centers in Malaysia, expected to come online in early December 2025.
- Placed orders for NVIDIA's next-generation GB300 and B300 systems, with delivery expected in December 2025.
- Continuing to source additional Southeast Asia data center capacity, with potential lease agreements under negotiation.
- Conversion of 13 MW AI data center in Wenatchee, Washington is ongoing with targeted completion in Q4 2026.
- Initiated the conversion of 10 MW of power capacity in Knoxville, Tennessee into an AI data center, with targeted completion in Q4 2026. The Company is evaluating potential U.S. data center rental opportunities to bring its AI cloud services online domestically as early as Q1 2026.
- Tydal AI data center conversion plan is currently under detailed planning and design.
- Upgraded core infrastructure architecture to deliver superior uptime, dynamic compute allocation, and elastic storage, positioning Bitdeer to capture greater share in the rapidly expanding cloud infrastructure market.
- Achieved US
- Infrastructure:
- Tydal, Norway: Construction of the 175 MW hydro-cooling site has been completed, and the expansion has been fully energized.
- Massillon, Ohio: 21 MW is expected to be energized in November.
- Oromia Region, Ethiopia: Construction of the 50 MW site completed. 40MW energized, with the remaining 10 MW expected in December. Miner deployment proceeding in phases based on delivery schedules.
Management Commentary
"We surpassed our 40 EH/s target, reaching 41.2 EH/s in October through continued SEALMINER deployments,” said Matt Kong, Chief Business Officer of Bitdeer. “Our first SEAL04 chip achieved promising results of approximately 6-7J/TH in testing, demonstrating strong progress toward our next-generation efficiency goals. On the AI front, we continue scaling our GPU infrastructure and expanding cloud services, positioning Bitdeer to capture accelerating demand for high-performance computing.”
Production and Operations Summary
| Metrics | October 2025 | September 2025 | October 2024 |
| Total hash rate under management1 (EH/s) | 55.5 | 49.2 | 18.0 |
| - Proprietary hash rate | 41.3 | 35.0 | 8.7 |
| • Self-mining | 41.2 | 35.0 | 8.4 |
| • Cloud Hash Rate | - | - | 0.3 |
| • Delivered but not yet energized | 0.1 | - | - |
| - Hosting | 14.2 | 14.2 | 9.3 |
| Mining rigs under management | 254,000 | 241,000 | 168,000 |
| - Self-owned2 | 166,000 | 153,000 | 87,000 |
| - Hosted | 88,000 | 88,000 | 81,000 |
| Bitcoins mined (self-mining only) | 511 | 452 | 174 |
| Bitcoin held3 | 2,233 | 2,029 | 372 |
1 Total hash rate under management as of October 31, 2025 across Bitdeer’s primary business lines: Self-mining, Cloud Hash Rate, and Hosting.
- Self-mining refers to cryptocurrency mining for Bitdeer’s own account, which allows it to directly capture the high appreciation potential of cryptocurrency.
- Cloud Hash Rate offers hash rate subscription plans and shares mining income with customers under certain arrangements. The Cloud Hash Rate stated above reflects the contracted hash rate with customers at month-end.
- Hosting encompasses a one-stop mining machine hosting solution including deployment, maintenance, and management services for efficient cryptocurrency mining.
2 Self-owned mining machines are for Bitdeer’s self-mining business and Cloud Hash Rate business.
3 Bitcoins held do not include the Bitcoins from deposits of the customers, include the Bitcoins that are pledged as collateral.
Infrastructure Construction Update
| Site / Location | Capacity (MW) | Status | Timing4 |
| Electrical capacity | |||
| - Rockdale, Texas | 563 | Online | Completed |
| - Knoxville, Tennessee | 86 | Online | Completed |
| - Wenatchee, Washington | 13 | Online | Completed |
| - Molde, Norway | 84 | Online | Completed |
| - Tydal, Norway | 225 | Online | Completed |
| - Gedu, Bhutan | 100 | Online | Completed |
| - Jigmeling, Bhutan | 500 | Online | Completed |
| - Oromia Region, Ethiopia | 40 | Online | Completed |
| Total electrical capacity | 1,6115 | ||
| Pipeline capacity | |||
| - Massillon, Ohio | 221 | In progress | Q1 2026 |
| - Clarington, Ohio | 570 | In progress | Q2 2027 |
| - Niles, Ohio | 300 | In progress | Q1 2029 |
| - Rockdale, Texas | 179 | In planning | Estimate 2026 |
| - Alberta, Canada | 101 | In planning | Q4 2026 |
| - Oromia Region, Ethiopia | 10 | In progress | Q4 2025 |
| Total pipeline capacity | 1,381 | ||
| Total global electrical capacity | 2,992 |
4 Indicative timing for completion of power and data center infrastructure. All timing references are to calendar quarters and years.
5 Figures represent total available electrical capacity.
Tydal, Norway – Construction of the 175 MW hydro-cooling site has been completed, and the expansion has been fully energized.
Massillon, Ohio – Construction of the 221 MW site is underway and full energization is expected in Q1 2026. 21 MW is expected to be energized in November 2025. The remaining 200 MW is expected to be energized in phases by the end of Q1 2026.
Clarington, Ohio – 570 MW under contract with local utility, expected to be available by end of Q3 2026. Power and data center infrastructure completion is targeted for Q2 2027.
Jigmeling, Bhutan – Construction of the 500 MW site has been completed, with energization proceeding in phases according to SEALMINER deliveries.
Fox Creek, Alberta – 101 MW site acquired, fully licensed and permitted for the construction of an on-site natural gas power plant. The project is expected to be energized by the end of Q4 2026.
Oromia Region, Ethiopia – 50 MW Bitcoin mining project. Construction has been completed; 40 MW is now online, and the remaining 10 MW is expected to be energized in December 2025. Energization will continue in phases aligned with SEALMINER deliveries.
Niles, Ohio – 300 MW grid-interconnected development site, with target energization date of Q1 2029 as scheduled by FirstEnergy. The project includes 41.8 acres of owned land and an interconnection agreement with FirstEnergy.
Upcoming Conferences and Events
- November 10 – 12, 2025: Cantor Crypto, AI/Energy Infrastructure Conference in Miami
- December 16, 2025: Northland Growth Virtual Conference 2025
- January 13 – 16, 2026: 28th Annual Needham Growth Conference in New York
About Bitdeer Technologies Group
Bitdeer is a world-leading technology company for Bitcoin mining and AI cloud. Bitdeer is committed to providing comprehensive Bitcoin mining solutions for its customers. Bitdeer handles complex processes involved in computing such as equipment procurement, transport logistics, data center design and construction, equipment management, and daily operations. Bitdeer also offers advanced cloud capabilities to customers with high demand for artificial intelligence. Headquartered in Singapore, Bitdeer has deployed data centers in the United States, Norway, and Bhutan. To learn more, visit https://ir.bitdeer.com/ or follow Bitdeer on X @ BitdeerOfficial and LinkedIn @ Bitdeer Group.
Investors and others should note that Bitdeer may announce material information using its website and/or on its accounts on social media platforms, including X, formerly known as Twitter, Facebook, and LinkedIn. Therefore, Bitdeer encourages investors and others to review the information it posts on the social media and other communication channels listed on its website.
Forward-Looking Statements
Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. The words “anticipate,” “look forward to,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including factors discussed in the section entitled “Risk Factors” in Bitdeer’s annual report on Form 20-F, as well as discussions of potential risks, uncertainties, and other important factors in Bitdeer’s subsequent filings with the U.S. Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof. Bitdeer specifically disclaims any obligation to update any forward-looking statement, whether due to new information, future events, or otherwise. Readers should not rely upon the information on this page as current or accurate after its publication date.
For investor and media inquiries, please contact:
Investor Relations
Orange Group
Yujia Zhai
bitdeerIR@orangegroupadvisors.com
Media
Elev8 New Media
Jessica Starman, MBA
bitdeer@elev8newmedia.com
Public Relations
BlocksBridge Consulting
Nishant Sharma
bitdeer@blocksbridge.com
FAQ
How many bitcoins did Bitdeer (BTDR) mine in October 2025?
What was Bitdeer’s self-mining hashrate (BTDR) in October 2025?
What is the status of Bitdeer’s SEAL04 chip and mass production timeline (BTDR)?
How large is Bitdeer’s total hash rate under management (BTDR) as of Oct 31, 2025?
What are Bitdeer’s AI cloud metrics and GPU utilization (BTDR)?
When will Bitdeer’s U.S. AI data center conversions be completed (BTDR)?
What energization milestones did Bitdeer report for November–December 2025 (BTDR)?
