Bitdeer Signs Conditional Colocation Lease for Tydal Norway AI Data Center
BTDR•BTDR•BTDR•BTDR•Bitdeer subsidiary Tydal Data Center AS has executed a colocation lease agreement for its Tydal AI data center site in Norway, pending completion of external customer and supplier arrangements. The Company expects to disclose commercial terms and strategic impact once the Lease becomes effective, likely within one month.
Bitdeer’s wholly owned subsidiary, Tydal Data Center AS, has entered into a colocation lease agreement for its planned Tydal AI data center in Norway. The Lease remains subject to certain conditions precedent, including completion of external customer and supplier arrangements by the counterparty, with no assurance of final approval.
Bitdeer aims to publicize the commercial terms and expected business impact once the Lease becomes effective, targeting an update within the next month. This development aligns with the company’s global AI infrastructure expansion strategy and could enhance its capacity for AI computing services.
