Bitdeer Announces September 2025 Production and Operations Update
Bitdeer (NASDAQ: BTDR) reported September 2025 operational results and infrastructure progress. Self-mining produced 452 BTC in September, ~20.5% above August, with 35.0 EH/s proprietary hashrate deployed and a target of 40 EH/s by end-October.
Product and R&D updates include mass production start for the SEALMINER A3 series and a first SEAL04 chip tape-out with initial chip-level tests showing sub-10 J/TH. Cloud business reached $8M AI cloud ARR with 584 GPUs and ~86% utilization.
Infrastructure: total global capacity rose to ~3 GW; Clarington, Ohio confirmed 570 MW availability by end-Q3 2026; new 300 MW Niles site launched (energization target Q1 2029).
Bitdeer (NASDAQ: BTDR) ha riportato i risultati operativi di settembre 2025 e i progressi infrastrutturali. Self-mining ha prodotto 452 BTC a settembre, circa il 20,5% in più rispetto ad agosto, con 35,0 EH/s di hashrate proprietario distribuito e un obiettivo di 40 EH/s entro la fine di ottobre.
Aggiornamenti su prodotto e R&D includono l'avvio della produzione di massa per la serie SEALMINER A3 e il primo tape-out del chip SEAL04 con i test iniziali a livello chip che mostrano meno di 10 J/TH. Il cloud business ha raggiunto $8M ARR AI cloud con 584 GPU e circa l'86% di utilizzo.
Infrastruttura: la capacità globale è salita a circa 3 GW; Clarington, Ohio ha confermato 570 MW di disponibilità entro la fine del Q3 2026; è stato lanciato il nuovo sito di 300 MW a Niles (energization obiettivo Q1 2029).
Bitdeer (NASDAQ: BTDR) informó los resultados operativos de septiembre de 2025 y avances en infraestructura. El minado propio produjo 452 BTC en septiembre, ~20,5% más que agosto, con 35,0 EH/s de hashrate propio desplegado y un objetivo de 40 EH/s para finales de octubre.
Actualizaciones de producto e I+D incluyen el inicio de la producción en masa de la serie SEALMINER A3 y un primer tape-out del chip SEAL04 con pruebas iniciales a nivel de chip que muestran menos de 10 J/TH. El negocio en la nube alcanzó $8M ARR AI cloud con 584 GPUs y ~86% de utilización.
Infraestructura: la capacidad global total aumentó a ~3 GW; Clarington, Ohio confirmó 570 MW de disponibilidad para fines del tercer trimestre de 2026; se lanzó el nuevo sitio de 300 MW en Niles (energización objetivo para el primer trimestre de 2029).
Bitdeer (NASDAQ: BTDR)는 2025년 9월 운영 실적과 인프라 진행 상황을 발표했습니다. 셀프 마이닝은 9월에 452 BTC를 기록했고 이는 8월 대비 약 20.5% 증가한 수치이며 35.0 EH/s의 자체 해시레이트를 배치했고 10월 말까지 40 EH/s를 목표로 합니다.
제품 및 R&D 업데이트로는 SEALMINER A3 시리즈의 양산 시작과 첫 SEAL04 칩의 테이프아웃이 포함되며 칩 레벨 초기 테스트에서 서브-10 J/TH를 보여주었습니다. 클라우드 비즈니스는 584 GPU와 약 86% 활용도로 $8M AI cloud ARR에 도달했습니다.
인프라: 전 세계 총 용량은 약 3 GW로 상승했습니다; 클라링턴, 오하이오에서 2026년 3분기 말까지 570 MW의 가용성을 확인했습니다; 새로운 300 MW의 넬스 사이트를 개시했고 energization 목표는 2029년 1분기입니다.
Bitdeer (NASDAQ: BTDR) a publié les résultats opérationnels de septembre 2025 et les progrès des infrastructures. Self-mining a produit 452 BTC en septembre, environ 20,5% de plus qu'en août, avec 35,0 EH/s de hashrate propriétaire déployé et un objectif de 40 EH/s d'ici fin octobre.
Les mises à jour produit et R&D incluent le démarrage de la production de masse de la série SEALMINER A3 et un premier tape-out du chip SEAL04 avec des tests initiaux au niveau puce montrant moins de 10 J/TH. Le cloud business a atteint $8M ARR AI cloud avec 584 GPU et ~86% d'utilisation.
Infrastructure: la capacité globale totale est montée à ~3 GW; Clarington, Ohio a confirmé 570 MW de disponibilité d'ici la fin du T3 2026; le nouveau site 300 MW à Niles a été lancé (objectif d'énergisation au 1er trimestre 2029).
Bitdeer (NASDAQ: BTDR) meldete die operativen Ergebnisse für September 2025 und Fortschritte bei der Infrastruktur. Self-mining produzierte im September 452 BTC, ca. 20,5% mehr als im August, mit 35,0 EH/s eigenem Hashrate-Bereich, der bis Ende Oktober auf 40 EH/s zielt.
Produkt- und F&E-Updates umfassen den Serienstart der SEALMINER A3-Familie und einen ersten SEAL04-Chip-Tape-Out mit anfänglichen Chip-Ebene Tests, die unter 10 J/TH zeigen. Cloud-Geschäft erreichte $8M AI cloud ARR mit 584 GPUs und ca. 86% Auslastung.
Infrastruktur: Die globale Kapazität stieg auf ca. 3 GW; Clarington, Ohio bestätigte 570 MW Verfügbarkeit bis Ende Q3 2026; der neue Standort 300 MW in Niles wurde gestartet (Ziel der Energization Q1 2029).
Bitdeer (NASDAQ: BTDR) أبلغت عن نتائج التشغيل لشهر سبتمبر 2025 وتقدم البنية التحتية. التعدين الذاتي أنتج 452 BTC في سبتمبر، بما يقرب من 20.5% أعلى من أغسطس، مع نشر 35.0 EH/s من معدل التجزئة المملوك وهدف 40 EH/s بنهاية أكتوبر.
تحديثات المنتج والبحث والتطوير تشمل بدء الإنتاج بالجملة لسلسلة SEALMINER A3 والـت محفوظة الأولى لـ SEAL04 بشريط الشريحة مع اختبارات على مستوى الرقاقة تُظهر أقل من 10 J/TH. وصل عمل السحابة إلى $8M ARR AI cloud مع 584 وحدة GPU utilisation تقريبا 86%.
البنية التحتية: ارتفعت الطاقة العالمية الإجمالية إلى نحو 3 GW؛ كلالينغتون، أوهايو أكدت توفر 570 MW بحلول نهاية الربع الثالث 2026؛ تم إطلاق موقع جديد بقدرة 300 MW في نايلز مع هدف energization في الربع الأول من 2029.
Bitdeer (NASDAQ: BTDR) 报告了2025年9月的运营业绩和基础设施进展。自营矿业在9月生产了452 BTC，较8月增长约20.5%，部署了35.0 EH/s的自有哈希率，目标在10月底前达到40 EH/s。
产品与研发更新包括SEALMINER A3系列的量产启动及第一代SEAL04芯片的Tape-out，初步芯片级测试显示低于10 J/TH。云业务达到$8M AI cloud ARR，拥有584个GPU，利用率约为86%。
基础设施方面：全球总容量上升至约3 GW；Clarington, Ohio确认到2026年Q3结束前有570 MW的可用容量；在Niles新站点启动，容量为300 MW， energization目标为2029年Q1。
- Self-mining production +20.5% to 452 BTC (Sept 2025)
- Deployed 35.0 EH/s proprietary hashrate
- Clarington 570 MW power available by end-Q3 2026
- SEALMINER A3 mass production commenced; shipments in Oct 2025
- SEAL04 first tape-out; initial chip tests sub-10 J/TH
- Bitdeer.AI $8M AI cloud ARR with ~86% GPU utilization
- SEAL04 initial samples still above the 5 J/TH chip target
- Niles, Ohio energization target set for Q1 2029 (long lead time)
Insights
Operational scale and HPC/AI pivot accelerate; self-mining and chip progress materially strengthen capacity and optionality.
Bitdeer increased proprietary hashrate to 35.0 EH/s and mined 452 Bitcoins in September, a ~
The company also reports early ASIC progress: a first SEAL04 tape-out with chip-level test samples showing sub-
Key dependencies and risks include final verification of SEAL04 chip-level efficiency and the timeline for full energization and substation work at Clarington (teams target substation energization in H1
- Expanding and accelerating HPC/AI strategy across multiple initiatives
- Received confirmation from Clarington, Ohio power utility that all 570 MW of electrical capacity will be available by end of Q3 2026
- Increased self-mining hashrate to 35.0 EH/s on continued deployment of SEALMINERs
- Launched and commenced mass production of SEALMINER A3 series
- Tydal, Norway and Jigmeling, Bhutan sites energization completed
- New power pipeline of 300 MW in Niles, Ohio officially launched in September
- First design of SEAL04 chips taped out and initial testing demonstrated sub-10 J/TH efficiency
SINGAPORE, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for Bitcoin mining, today announced its unaudited mining and operations updates for September 2025.
Operational Update
- Self-mining: 452 Bitcoins mined, an increase of ~
20.5% from August 2025 due to higher average self-mining hashrate from energization of SEALMINERs. 35.0 EH/s deployed. On track to reach 40 EH/s at the end of October. After October, Bitdeer will continue deploying SEALMINER mining rigs for self-mining and concurrently begin retiring all third-party, older-generation rigs to further enhance profitability and fleet efficiency. - Mining Rig Manufacturing and R&D:
- SEALMINER A2:
- Total of 34.2 EH/s in mining rigs have been manufactured and an additional 2.8 EH/s are in final assembly as of end of September 2025.
- Of the 34.2 EH/s mining rigs that have been manufactured:
- External-sales: 6.1 EH/s of mining rigs have been shipped to external customers, including 0.1 EH/s that were shipped in September.
- Self-mining:
- 22.6 EH/s of mining rigs have been deployed in U.S., Tydal, Norway and Jigmeling, Bhutan, including 4.6 EH/s in September 2025.
- 5.5 EH/s of mining rigs are in-transit to Bitdeer’s sites in Norway and Bhutan.
- SEALMINER A3:
- Launched in September, the A3 series includes four models:
- Two air-cooling models A3 Air and A3 Pro Air, achieving a power efficiency of 12.5 J/TH ~ 14 J/TH and a hashrate of 260 TH/s ~ 290 TH/s.
- Two hydro-cooling models A3 Hydro and A3 Pro Hydro, reaching a power efficiency of 12.5 J/TH ~ 13.5 J/TH and a hashrate of 500 TH/s ~ 660 TH/s.
- Commenced mass production and expect initial deliveries/shipments in October 2025 for self-mining.
- Launched in September, the A3 series includes four models:
- SEALMINER A4:
- Planning two different chip designs of SEAL04 to ensure success.
- The first SEAL04 chip tape out was completed in September and are currently under testing. Initial results from the early samples demonstrated sub-10 J/TH power efficiency at the chip level, though still above the 5 J/TH target.
- Awaiting further sample testing to verify the feasibility of achieving the 5 J/TH chip-level power efficiency goal on the first SEAL04. Nevertheless, Bitdeer is now confident that the first SEAL04 chip is ready for mass production and will deliver significant power efficiency improvements.
- The SEAL04 with the new architecture is still expected to reach a target chip level efficiency of 5 J/TH.
- U.S. Manufacturing: Bitdeer’s U.S. factory is actively in planning and preparation.
- SEALMINER A2:
- HPC/AI:
- As of September, Bitdeer allowed its LOI (Letter of Intent) with its development partner to expire in order to significantly expand its direct role in the HPC/AI data center market. In conjunction, Bitdeer has initiated design and layout planning for the Clarington, Ohio site. The new data center will be suitable for Bitcoin mining, with core infrastructure designed from the start to enable easy conversion into an AI data center with redundancy and other critical design elements to ensure flexibility and scalability.
- Actively recruiting US based in-house experts across multiple AI data center disciplines.
- HPC/AI priority remains Clarington, Ohio, where the local utility has confirmed that the full 570 MW will be available by the end of Q3 2026—nearly a year earlier than prior expectations. Teams are targeting substation energization in the first half of 2027.
- Bitdeer also plans to convert its 175 MW Tydal Phase 2 site into an AI data center with expected completion date of Q4 2026. This site is expected to support 164 MW of key IT load after applying various security redundancy considerations. During the conversion process, mining operations will be minimally impacted, as the Tydal, Phase 2 design had already incorporated potential conversion from Bitcoin mining to an AI data center. The capital expenditure required for this conversion will be significantly lower than the average cost of constructing a new AI data center in the U.S or Norway.
- Bitdeer is also working on converting its Wenatchee 13 MW site into an AI data center with modular data center technology.
- Bitdeer is also sourcing data center resources in Southeast Asia, either through rental arrangements or self-built facilities. By the end of 2026, Bitdeer expects to operate more than 200 MW of IT load dedicated to AI computing, the majority of which will be owned by Bitdeer. Bitdeer plans to pursue two business models in parallel or in combination — colocation services and AI factory operations.
- Bitdeer sees sustained imbalance between the growing demand and limited supply of AI computing power, and expects it to extend through 2027. In the most optimistic scenario, Bitdeer plans to acquire GPUs for cloud deployment and convert the entire 200 MW of IT load into an AI factory, potentially generating an annualized revenue run-rate (ARR) exceeding US
$2 billion at the end of 2026. - Bitdeer.AI, Bitdeer’s neo cloud business, reached US
$8 million AI cloud ARR in September from providing GPU cloud services, with significant growth expected in the remaining three months of 2025. Cloud services has 584 GPUs as of September 2025, of which 501 GPUs are under subscribed, with a utilization rate of approximately86% . The un-utilized GPUs are B200 GPUs, which were newly installed at the end of September, and are being tested by customers. Bitdeer anticipates full deployment of 1,160 GPUs by year-end. - Bitdeer is concurrently securing procurement agreements for NVIDIA's next-generation GB300 and B300 systems.
- Infrastructure:
- Tydal, Norway (Hydro): All 175 MW is energized.
- Jigmeling, Bhutan: All 500 MW is energized.
- Niles, Ohio: Officially launched 300 MW grid-interconnected site in Niles, Ohio with a target energization date of Q1 2029.
- Includes 41.8 acres of owned land and an interconnection agreement with FirstEnergy.
- Located approximately 1 hour away from existing Massillon Ohio site and 2 hours away from Clarington Ohio site.
- Total global power pipeline: Increased to 3 GW.
Management Commentary
"In September, we allowed our LOI with our development partner to expire,” said Matt Kong, Chief Business Officer at Bitdeer. “While we remain free to collaborate with this partner in the future, we have chosen to significantly expand our direct role in the HPC/AI data center market. Our expanded initiatives include negotiating directly with potential tenants, building relationships with EPCs specializing in data centers, developing proprietary AI data centers and hiring in-house experts across multiple AI data center disciplines. In parallel, we are accelerating the development of additional sites for HPC/AI data centers at our Clarington, Tydal, and Wenatchee sites. This push is driven by a marked increase in inbound interest in our power assets, which has become a strong catalyst for expanding our efforts.”
Mr. Kong continued, “Our ASICs and self-mining operational team continued to execute. In September, our first SEAL04 chip tape out was completed and initial testing demonstrates significant efficiency improvements compared to existing chips. Further, we successfully launched our SEALMINER A3 series with our Pro versions boasting a power efficiency of 12.5 J/TH. Mass production began in September and initial shipments are expected in October. In addition, our self-mining hashrate grew to 35 EH/s and remain on track to achieve 40 EH/s by end of October. Over the coming quarters, we will continue expanding our SEALMINER fleet into our near-term global power capacity, putting us on track to become one of the largest vertically integrated miners in the world.”
Production and Operations Summary
| Metrics | September 2025 | August 2025 | September 2024 |
| Total hash rate under management1 (EH/s) | 49.2 | 44.2 | 17.1 |
| - Proprietary hash rate | 35.0 | 30.3 | 8.6 |
| • Self-mining | 35.0 | 30.0 | 8.1 |
| • Cloud Hash Rate | - | - | 0.5 |
| • Delivered but not hashing | - | 0.3 | - |
| - Hosting | 14.2 | 13.9 | 8.5 |
| Mining rigs under management | 241,000 | 229,000 | 167,000 |
| - Self-owned2 | 153,000 | 143,000 | 87,000 |
| - Hosted | 88,000 | 86,000 | 78,000 |
| Bitcoins mined (self-mining only) | 452 | 375 | 164 |
| Bitcoin held3 | 2,029 | 1,934 | 258 |
| 1 Total hash rate under management as of September 30, 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 |
| Total electrical capacity | 1,5715 | ||
| 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 | 50 | In progress | Q4 2025 |
| Total pipeline capacity | 1,421 | ||
| 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. |
Rockdale, Texas – 100 MW Hydro-cooling conversion has been fully energized.
Tydal, Norway – 175 MW site’s construction work has been completed.
- Energization in accordance with the phase of delivery of mining rigs.
Massillon, Ohio – 221 MW site is under construction and the full energization timeline expected in Q1 2026:
- 21 MW is expected to be energized by the end of October 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 and will be available by end of Q3 2026. Power and data center infrastructure to be completed in Q2 2027.
Jigmeling, Bhutan – 500 MW site’s construction work has been completed.
- Energization in accordance with the phase of delivery of mining rigs.
Fox Creek, Alberta – 101 MW site acquired in Alberta, is fully licensed and permitted to construct an on-site natural gas power plant. The project is expected to be energized by the end of Q4 2026.
Oromia Region, Ethiopia – SPA and a turnkey agreement signed for the acquisition and construction of a 50 MW Bitcoin mining project in Ethiopia. The project is expected to be energized in Q4 2025.
Niles, Ohio – 300 MW grid-interconnected development site with a target energization date of Q1 2029 set by FirstEnergy.
- Includes 41.8 acres of owned land and an interconnection agreement with FirstEnergy.
- Former Niles Generating Station that was demolished in 2013.
- Located approximately 1 hour away from existing Massillon Ohio site and 2 hours away from Clarington Ohio site.
Upcoming Conferences and Events
- November 10 – 12, 2025: Cantor Crypto, AI/Energy Infrastructure Conference in Miami
- December 4, 2025: B. Riley Securities Convergence Conference in New York
- 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. 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) self-mine in September 2025?
What is Bitdeer’s deployed proprietary hashrate (BTDR) as of Sept 30, 2025?
When will Bitdeer’s Clarington, Ohio site (BTDR) have 570 MW available?
What progress has Bitdeer (BTDR) made on its SEAL04 chip?
What is Bitdeer.AI’s ARR and GPU capacity as of September 2025?
What is the timeline for energizing Bitdeer’s Niles, Ohio 300 MW site (BTDR)?
