TLDR
- Bitdeer unit TDC signed with DCI to build and convert a Norway facility for AI co-location services.
- Bitdeer said the project will become Norway’s largest AI data center when work is complete.
- The site will mainly support Nvidia’s next-generation Vera Rubin AI technology.
- Bitdeer recently emptied its bitcoin treasury and plans a $300 million notes raise.
Bitdeer has signed a deal to build Norway’s largest AI data center for Nvidia’s Vera Rubin chips. The project adds to the bitcoin miner’s push into AI infrastructure and high-performance computing.
Bitdeer unit Tydal Data Center AS agreed with Data Center Installations AS to build and convert an existing site. The facility will mainly offer co-location services for Nvidia’s next-generation Vera Rubin systems. The announcement was released on Monday by the company.
Bitdeer and DCI set out the Norway build
The agreement joins Bitdeer’s TDC subsidiary with Norwegian contractor DCI. Together, they plan to remake an existing facility into a larger AI-focused data center. The work covers both new construction and conversion of current capacity at the Tydal facility. TDC is the Bitdeer unit behind the project.
Bitdeer said the site will be Norway’s biggest AI data center when work is complete. The company said the center will serve customers that need Nvidia Vera Rubin technology. It described the service model as mainly co-location, rather than direct chip sales. Bitdeer did not present the center as a bitcoin mining site.
The Vera Rubin platform is Nvidia’s next-generation system for AI workloads. That focus places the Norway project in the market for advanced AI hosting. It also aligns the site with demand for newer computing systems. The company said the center will support that demand.
AI demand shapes Bitdeer’s next move
The Norway project comes as more bitcoin miners seek revenue outside crypto mining. That shift has grown as mining margins have tightened after the latest halving cycle. AI hosting and computing services now offer another path for power-heavy operators. That change has been visible across listed miners and private operators.
This trend has pushed several miners to market their power, land, and facilities to AI clients. Bitdeer has been expanding beyond bitcoin mining in recent months. The Norway build shows how that strategy is moving into Europe. It also ties the company closer to AI infrastructure.
Bitdeer has already taken steps to fund that shift. It recently said it emptied its corporate bitcoin treasury. It also announced plans to raise $300 million through convertible senior notes. Those steps show how the company is freeing cash and looking for new financing.
Norway site anchors a wider infrastructure plan
Bitdeer linked the Tydal conversion to rising global demand for AI data centers. The company said the project can expand its existing footprint with a capital-efficient approach. That plan focuses on using current assets while serving larger AI deployments. It also said the build can create local value in Norway.
Haakon Bryhni, TDC co-founder and chairman, called the upgrade a “cornerstone” of Bitdeer’s global strategy. He said the project would place TDC at the front of large AI deployments. He also said the plan supports sustainable growth. That language links the site to Bitdeer’s wider move into AI hosting.
For Bitdeer, the deal ties a former mining operator more closely to the AI supply chain. For Nvidia, it adds another site aimed at its next chip platform. For Norway, the project brings a large AI facility tied to a global hardware cycle.
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