Bitdeer releases March operating report: BTC production up 480% year over year

Bitdeer Technologies Group (NASDAQ: BTDR) released its March 2026 unaudited production and operations update via Globe Newswire on April 15, 2026. The data shows that in March, it mined 661 bitcoins, an increase of approximately 480% year over year compared with the same period in 2025, and its self-mining hashrate increased by approximately 504% year over year to about 70 EH/s.

Bitcoin Mining Metrics: Production and Hashrate Data

(Source: Bitdeer)

According to Bitdeer’s official announcement on April 15, 2026, the key mining metrics for March 2026 are as follows:

Self-mined Bitcoin: 661 BTC (March 2025: 114 BTC, approximately +480% year over year)

Self-mining hashrate: 65.1 EH/s from owned data centers + 4.4 EH/s from third-party data centers, totaling approximately 70 EH/s (March 2025: 11.5 EH/s, approximately +504% year over year)

Total hashrate managed: 78.1 EH/s (February 2026: 79.1 EH/s)

Number of owned mining rigs: 225,000 units (February 2026: 232,000 units)

BTC holdings: 31 BTC (February 2026: 51 BTC, March 2025: 1,156 BTC)

The announcement states that March’s mining performance was affected by seasonal factors in the regions of Norway and Bhutan.

AI Cloud Business Metrics: ARR and GPU Utilization

According to Bitdeer’s official announcement, the key operating data for its AI cloud as of March 31, 2026 is as follows: 2,128 GPUs deployed (February: 2,096). GPU models include H100, H200, B200, and GB200; GPU utilization was 94% (February: 64%); externally subscribed GPUs were 1,948 (February: 1,240); ARR was approximately $43.0 million (February: approximately $21.0 million).

The announcement disclosed that Bitdeer has completed the rebuild of its Model Studio platform, and it now supports more than 50 open-source models. It also expands enterprise-grade AI workflow capabilities by integrating with NVIDIA NemoClaw. Bitdeer also showcased its integrated AI solutions at the NVIDIA GTC conference.

SEALMINER A4 Release and Infrastructure Progress

According to Bitdeer’s official announcement, the SEALMINER A4 series was officially launched in early April 2026, with mining efficiency of 9.45 joules per terahash (J/T).

The announcement also simultaneously disclosed the following infrastructure progress:

Tydal, Norway: The company is in talks with potential managed hosting tenants, with Engaged Data Center Installations AS serving as the design and construction partner

Knoxville, Tennessee — Phase 1: The design work for the AI data center conversion has started, with a planned completion time in Q4 2026

Wenatchee, Washington: The AI data center design documents and building permit applications have been submitted for approval

Clarington, Ohio: A 570-megawatt power contract has been signed. The announcement notes that uncertainty is being introduced due to a lawsuit filed by American Heavy Plate Solutions, LLC regarding power supply and construction progress. The company is affected by private equity firm MHR (founded by Mark Rachesky)

Global total installed capacity: 3,003.5 megawatts (1,744 megawatts online, 1,259.5 megawatts in the pipeline)

Frequently Asked Questions

What is the data cutoff date and audit status for Bitdeer’s March operating report?

According to the official announcement released by Bitdeer via Globe Newswire on April 15, 2026, the operating update data is as of March 31, 2026, and consists of unaudited monthly operating data.

How is Bitdeer AI cloud ARR calculated?

As explained in the announcement, ARR is calculated by taking the daily revenue generated by all valid GPU contracts on the last day of each month and multiplying it by 365. This represents an annualized run rate based on valid contracts as of the end of the reporting period, and is not actual realized revenue.

What are the core specifications and release time of the SEALMINER A4 series?

According to Bitdeer’s official announcement, the SEALMINER A4 series was officially launched in early April 2026. Mining efficiency reaches 9.45 J/T, making it the newest generation model in the SEALMINER product line.