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Thursday, 27 August 2026
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Sixteen years of revenue booked before the racks ship: Singapore's Bitdeer signs $4.7B in Norway

The colocation lease with Volta Tydal covers 121 IT megawatts at Bitdeer's Tydal campus at roughly $202 per kilowatt monthly. An eight-year renewal would carry it to $8 billion.

Positive-sum angle: Volta gets frontier-scale capacity without financing a campus of its own; Bitdeer converts a mining-era site into contracted revenue. Neither pays again for the decade Norway's grid already spent building.

Source — TNGlobal