Bitdeer discloses a nonbinding AI campus plan in Bhutan
Bitdeer disclosed a nonbinding letter of intent with Gelephu Mindfulness City for an AI campus in Bhutan. The plan contemplated an initial 30 MW phase and possible expansion, rather than an operating facility.
A September 17, 2026 disclosure by Bitdeer described a nonbinding letter of intent with Gelephu Mindfulness City in Bhutan for an AI campus. The proposal contemplated an initial 30-megawatt phase powered by hydroelectric and solar resources, with potential expansion toward 500 megawatts.
Bitdeer’s existing identity as a Bitcoin mining infrastructure business gave the announcement its Bitcoin connection. The proposed campus would apply related power-development and computing-site capabilities to AI. It did not establish that a specific Bitcoin mine had been displaced or that Bhutan had changed its Bitcoin treasury holdings.
A nonbinding letter of intent records a contemplated collaboration, not a completed construction contract or energized capacity. The initial phase and larger expansion were prospective. September’s development was the public disclosure of a miner’s proposed diversification in a country already associated with its mining operations.