Bitdeer Technologies is trading 4.6% up in pre-market at $10.91 after announcing a five-year, approximately $400 million Malaysian AI-cloud offtake commitment.
- The commitment covers about half of the companyβs 9.5MW A102 facility; services begin in the first quarter of 2027.
- Bitcoin is up 4.99% since the August 20 close and Ethereum 2.10%, reinforcing crypto-risk appetite.
- Reuters reported crypto-linked stocks surged amid Treasury bond-buyback expansion and renewed support for the CLARITY Act.