Bitdeer’s In-House AI Expansion Poised to Boost Margins and Revenue
Bitdeer Technologies Group is making a strategic pivot toward AI and high-performance computing, with its 570-megawatt Ohio campus set to come online ahead of schedule by late 2026. Benchmark analysts have set a $38 price target, citing projected revenue growth and vertical integration advantages.
The company’s in-house development approach aims to slash costs and accelerate revenue timelines, positioning it ahead of peers in the competitive AI compute sector. Additional plans include converting its Norway facility to support AI workloads, potentially adding 200 megawatts of capacity.