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Bitdeer stock pops and drops on $4.7 billion AI data center lease in Norway

Bitdeer stock pops and drops on $4.7 billion AI data center lease in Norway

The BlockThe Block2026/08/04 14:24

Quick Take

  • Bitdeer shares rose 23% in premarket trading after disclosing the terms of a 16-year AI data center lease with Volta valued at $4.7 billion.
  • The lease covers 121 MW of AI computing capacity, with an eight-year extension option lifting the potential contract value to about $8 billion.
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