Bitdeer’s 370% year-over-year growth is too exaggerated; AI Cloud’s annualized $69 million is a new narrative.

CryptoNews reports that, according to The Block, Bitdeer, BitFuFu, Canaan, and CleanSpark have released their unaudited May production data, which totals 1,859 BTC mined. Of that, Bitdeer mined 921 BTC itself, up 370% year over year; its self-held BTC stands at 171 BTC; and its AI Cloud business has an annualized revenue of about $69 million. BitFuFu’s self-mined output rose to 90 BTC. Canaan’s self-mining and managed services combined added 114 BTC, bringing its inventory to 1,867 BTC and 3,952 ETH.