Bitdeer Technologies Increases Bitcoin Production, Holdings in May

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Bitdeer Technologies Group (BTDR) said Thursday that it has mined a total of 921 bitcoins in May, up from 783 bitcoins in the previous month.

Cryptocurrency mining rigs under management rose to 277,000 in May from 264,000 in April, the company said.

Bitcoin holdings in May were up 171, from 73 in April, Bitdeer said.

The company said it has completed the deployment and production launch of two Nvidia (NVDA) GB300 NVL72 clusters, expanding its AI cloud infrastructure to support next-generation AI training and inference workloads.

Bitdeer said it has also deployed Nvidia Nemotron 3 Nano Omni on its AI Model Studio platform on the day of launch through a serverless inference API, broadening enterprise AI model options.

Shares of the company were up 2.6% in recent Thursday premarket activity.

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