Bitdeer signs colocation lease for Norway ai data center
Bitdeer Technologies Group has executed a colocation lease at its Tydal facility in Norway to host what is expected to be the country's largest ai data center, with planned capacity of 180–225 MW and a focus on NVIDIA hardware. The tenant is reportedly Volta, a startup said to be valued at $2.4 billion, though Bitdeer has not publicly confirmed the partner or valuation and final commercial terms are still pending. Construction is handled by Data Center Installations AS under a March 2026 agreement, and the site targets completion as early as December 2026, representing a strategic shift from bitcoin mining to longer-term colocation revenue.
Bitdeer executed a Tydal colocation lease for up to 225 MW.
Context
Bitdeer has been shifting strategy from bitcoin mining toward ai infrastructure. The company advanced colocation negotiations in early 2026. Final contract details are expected within the month and completion is targeted by December 2026.
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