Bitdeer Technologies Group (BTDR) Form 6-K — Aug 10, 2026
Bitdeer Technologies Group filed an automatic shelf registration on Form F-3ASR and a prospectus supplement on August 10, 2026 to register the sale of up to US$1.0 billion of Class A ordinary shares under its existing at-the-market program, which is executed through 13 sales agents including Barclays Capital, Cantor Fitzgerald, B. Riley Securities, and Roth Capital Partners under a January 3, 2025 sales agreement.
Key figures
- Lease rate
- $202/kW/month (16-year average, modified gross; electricity fully reimbursed by tenant)
- Gross capacity
- approximately 133 MW
- Phase 1 target
- December 31, 2026
- Phase 2 target
- March 31, 2027
- Base term years
- 16
- Remaining capex
- $500 million (approximately $4.0 million per IT MW)
- Atm program size
- $1,000,000,000 of Class A ordinary shares registered under the ATM program
- Annual escalators
- 3% on both lease and services agreement
- Estimated noi margin
- approximately 90%
- Renewal option years
- 8
- Annual revenue per it mw
- $2.4 million over 16 years
- Contracted critical load
- 121 IT MW
- Letter of credit support
- $1.3 billion (J.P. Morgan affiliates and another top-tier institution)
- Tenant termination right
- no-fee termination right at 10 years
- Total contract value 16yr
- $4.7 billion over the initial 16-year base term
- Potential contract value 24yr
- $8.0 billion over 24 years with 8-year renewal option
AI analysis
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