Bitdeer signs hosting lease agreement for Tydal AI data center in Norway

According to official news, Bitdeer announced that its wholly-owned subsidiary Tydal Data Center AS has signed a hosting lease agreement for the Tydal artificial intelligence data center site in Norway.

The agreement has not yet come into effect and still needs to meet several prerequisites, including the counterparty completing arrangements with some external clients and suppliers. The company expects to disclose the commercial terms and anticipated business impact within a month after the agreement officially comes into effect.