Bitdeer Technologies is trading $10.97 (+13.91%) after Bitdeer AI announced a five-year, approximately $400 million Malaysian AI-cloud offtake commitment.
- The commitment covers about half of its 9.5MW A102 facility; services begin in Q1 2027.
- Customer prepayments are expected to cover more than half of associated capital expenditure.
- Bitcoin is +4.75% and Ethereum +7.47% since the prior close; Reuters reported crypto-related stocks rallied after renewed support for the CLARITY Act.