Bitdeer signs $4.7 billion Norway AI lease; Dell named technology provider

Bitdeer's Tydal Data Center unit signed a 16-year colocation lease with Volta Tydal, a subsidiary of Volta, for 121 IT megawatts at its Tydal campus in Norway. The contract is worth about $4.7 billion over the base term, and an eight-year renewal option would raise the potential total to about $8.0 billion. Volta's end customer is a leading AI lab, and Dell Technologies is named as the technology provider for the deployment.

• Contract value about $4.7 billion over the 16-year base term
• Renewal option lifts potential total to about $8.0 billion over 24 years
• Capacity 121 IT MW, supported by an estimated 133 gross MW
• Dell named as technology provider; end customer is a leading AI lab (unnamed)