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Wu said he learned that Bitcoin mining company and AI infrastructure firm Bitdeer (NASDAQ: BTDR) released its June operating data. That month, it produced 990 BTC, up 388% year over year; its self-operated compute power increased to 73.0 EH/s, with total managed compute power of 86.1 EH/s. Its AI cloud business annualized recurring revenue (ARR) rose to about $76 million, and GPU utilization reached 95%. The company also signed a 10-year lease for 21.7 MW of IT load capacity in Malaysia, expected to be delivered in the first quarter of 2027; a lease for its Tydal AI data center in Norway has been signed as well, but it still needs to meet certain prerequisites.