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Bitdeer shares swing after disclosure of $4.7 billion data center lease

The AI-focused Norway lease is tied to Volta and involves $4.7 billion in disclosed terms, driving the stock’s sharp move.

Reported · Written up by our desk · Market Structure

Bitdeer’s shares moved sharply after the company disclosed details of a large AI data center lease in Norway, according to The Block.

The outlet said the miner’s stock initially rose after it revealed $4.7 billion in disclosed lease terms connected to the project.

The reporting also described the shares later giving back gains, with the initial “pop and drop” linked to how investors reacted to the specific terms of the lease.

The disclosure centers on the Norway arrangement with Volta, underscoring the role of data center capacity in Bitdeer’s reported AI-related expansion plans.

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