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Bitdeer Technologies Group (NASDAQ: $BTDR) said April bitcoin production climbed 372% from a year earlier, giving the mining and AI infrastructure company a stronger operating base as it pushes deeper into cloud compute and colocation.

The company mined 783 bitcoin in April, up from 166 in April 2025 and 661 in March. Self-mining hash rate reached 65.5 EH/s, while co-mining added 8.4 EH/s, bringing total hash rate under management to 87.4 EH/s at month-end.

The monthly report also showed Bitdeer’s AI Cloud business becoming a larger part of the company’s investor story. AI Cloud annualized recurring revenue rose to roughly $69 million from $43 million in March, while deployed GPUs nearly doubled to 4,184. Utilization remained above 90%, even as GPUs under external subscription increased to 3,323.

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Chief Business Officer Matt Kong said April reflected “disciplined execution” across Bitdeer’s integrated AI and bitcoin mining platform. He pointed to AI Cloud momentum, improved self-mining hash rate and advanced talks with a prospective colocation tenant at Bitdeer’s Tydal, Norway site.

Colocation is now moving closer to the front of Bitdeer’s strategy. Management said executing lease agreements is its top priority, with Tydal in advanced negotiations and active discussions continuing across Ohio, Rockdale, Texas, and other sites. Bitdeer listed total global electrical capacity at about 3.0 gigawatts, including online capacity and pipeline projects.

The company also launched mass production of its SEALMINER A4 series, covering hydro and air-cooled models with a stated efficiency of 9.45 J/T. Proprietary mining hardware, owned data center capacity and AI Cloud demand now sit at the center of Bitdeer’s attempt to widen beyond mining cycles.

Bitcoin still remains the main operating engine, but April’s update shows Bitdeer trying to turn power access and infrastructure control into a broader compute business.

Bitdeer Technologies Group (NASDAQ: BTDR) stock is currently trading at $12.60 U.S. per share. 

Bitcoin (CRYPTO: $BTC) is currently trading at $80,799 U.S. per digital token.