Bitdeer Jumps 30% to All-Time High on AI Expansion

Crypto mining firm Bitdeer Technologies’ stock surged nearly 30% on Wednesday to an all-time high of $27, extending a two-day rally fueled by stronger mining output and ambitious AI data‑center plans.

The rally coincided with Bitcoin’s steady hold near $110,000, signaling resilience after recent gains and boosting confidence across the mining sector. The combined market capitalization of listed miners has now exceeded $90 billion — more than double the level recorded in August.

Bitdeer mined 452 BTC in September, up 20.5% from August, pushing its self‑mining hashrate to 35 exahashes per second. Management expects 40 EH/s by the end of October. These gains follow the rollout of new SEALMINER A2 and A3 rigs, which achieve efficiency below 10 joules per terahash.

“Our expansion is fueled by growing demand for computing power,” said Chief Business Officer Matt Kong. “This has become a strong catalyst for accelerating both our mining and AI initiatives.”

Bitdeer’s total power pipeline has reached around 3 gigawatts, with new capacity online in Norway, Bhutan, and Ohio. Its Clarington, Ohio site will deliver 570 megawatts by late Q3 2026 — nearly a year ahead of schedule.

$BTDR September 2025 Mining & Operations Update: