Bitdeer Technologies Group announced significant operational progress for March 2025, including the completion of mass production for 3.8 EH/s of its SEALMINER A1 mining rigs. Of these, 2.8 EH/s have been energized, increasing the company's self-mining hashrate to 11.5 EH/s by the end of March, with the remaining units slated for installation in April.
The company also launched the SEALMINER A2 Pro series Bitcoin mining rigs, which deliver an efficiency of 14.9 J/TH, further enhancing its product offerings. In terms of infrastructure, Bitdeer obtained regulatory approval for Phase 1 and 2 of its Tydal, Norway site, and expects to energize over 600 MW of power capacity in the coming months, including its Bhutan site.
Strategically, Bitdeer signed a Share Purchase Agreement (SPA) and a turnkey agreement for the acquisition and construction of a 50 MW Bitcoin mining project in the Oromia Region, Ethiopia, for US$7.5 million. Additionally, the company retained Northland Capital Markets as a financial advisor to develop its High-Performance Computing (HPC) and Artificial Intelligence (AI) data center strategy, signaling a clear pivot towards revenue diversification.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.