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- Bitdeer Technologies (NASDAQ:BTDR) said Friday it signed a lease agreement with the Monroe County Port Authority to secure up to 570 megawatts of additional power capacity, increasing its total global capacity to 2.5 gigawatts.
- The company said the agreement will strengthen its infrastructure development pipeline for bitcoin mining and high-performance computing and AI.
- Under the agreement, Bitdeer has leased land for 30 years at the Monroe County Port Authority-owned Hannibal Industrial Park in Clarington, Ohio USA.
- Of the total 570 MW of power capacity contemplated under the agreement, the initial 266 MW is expected to be available in Q3 2025.
- The company said the remaining 304 MW is currently under review to be formally incorporated into the regional transmission planning process.
- Press Release.