Wu Jihan: GPU deployment target is 10k units; Bitdeer’s April AI Cloud annualized revenue rose 60%

According to a statement made by Bitdeer Group Chairman Wu Jihan on X on May 12, Wu Jihan said: “The next target for GPU deployment is 10k units, then 100k units, and then 1 million units.” On the same day, Bitdeer released its April unaudited production and operations update, with AI cloud business annual recurring revenue (ARR) up 60% month over month to $69 million.

AI Cloud Business: ARR Rises 60% Month over Month to $69 Million

(Source: Bitdeer)

Based on Bitdeer’s April operating update, the key AI cloud metrics are as follows:

Deployed GPU count: 4,184 units (2,128 units in March)

GPU types: H100, H200, B200, GB200

GPU utilization rate: 92% (94% in March)

External subscribed GPU count: 3,323 units (1,948 units in March)

Annual recurring revenue (ARR): approximately $69 million (about $43 million in March, up 60% month over month)

According to a Bitdeer announcement, the company has received a SemiAnalysis GPU Cloud ClusterMAX™ bronze rating. The test covered NVIDIA GB200 NVL72 nodes at its Malaysia site. Recent deployments include delivering 2 units of GB300 to Malaysia at the end of April, and delivering 16 units of B300 to the United States in early May.

In the announcement, Bitdeer Chief Business Officer Matt Kong said that AI cloud business ARR increased to approximately $69 million, up 60% month over month, “highlighting the tremendous demand among enterprises for high-performance AI infrastructure, and demonstrating our ability to convert this demand into stable and sizable contract revenue.”

Bitcoin Mining: April Production Up 372% Year over Year; SEALMINER A4 Series Officially Launched

According to Bitdeer’s April operating update, the key metrics for Bitcoin mining are as follows: In April, 783 bitcoins were mined, up 372% year over year (166 bitcoins in April 2025); solo mining hashrate of 65.5 EH/s, joint mining hashrate of 8.4 EH/s, and total managed hashrate of 87.4 EH/s; total managed mining rigs of 297,000 units, with solo mining rigs of 218,000 units.

Bitdeer also announced the official launch of the SEALMINER A4 series, including three models: A4 Ultra Hydro, A4 Pro Hydro, and A4 Pro Air. The company states that energy efficiency is 9.45 joules per terahash (9.45 J/T).

Infrastructure Progress: Norway Data Center Negotiations Enter the Late Stage

According to a Bitdeer announcement, as of May 12, 2026, the company’s global online power capacity is 1,744 MW, pipeline power capacity is 1,259.5 MW, for total global power capacity of 3,003.5 MW (about 3 GW). For its Norway Tydal AI data center, the company said negotiations with potential hosted tenants have entered the late stage. Engaged Data Center Installations AS will serve as the design and construction cooperation partner. The design for the Phase 1 AI data center retrofit in Knoxville, Tennessee has begun, with the target to complete in Q4 2026.

Frequently Asked Questions

What is the publication time and specific content of Wu Jihan’s statement regarding GPU deployment targets?

According to a public statement made by Wu Jihan, Chairman of Bitdeer Group, on X on May 12, 2026, he said: “The next target for GPU deployment is 10k units, then 100k units, and then 1 million units.”

What are the core metrics for Bitdeer’s April 2026 AI cloud business?

According to Bitdeer’s unaudited April operating update, AI cloud ARR is approximately $69 million (up 60% month over month), with 4,184 GPUs deployed, utilization at 92%, and 3,323 externally subscribed GPUs.

What were Bitdeer’s main performance results for April Bitcoin mining and its new product releases?

According to Bitdeer’s April operating update, in April it mined 783 bitcoins, up 372% year over year; solo mining hashrate was 65.5 EH/s, and total managed hashrate was 87.4 EH/s. At the same time, it officially launched three models of the SEALMINER A4 series with energy efficiency of 9.45 J/T.