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Penang – October 1, 2025 – Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for Bitcoin mining, has announced the opening of its new facility in Penang, Malaysia, which serves as a regional hub for supply chain management, high-performance computing hardware and software design, and cross-functional operations.

The expansion into Penang, Bitdeer’s first facility in Malaysia, aligns with the region’s accelerating growth in the technology sector, with its robust engineering talent pool, mature electronics ecosystem, and culture of reliability. The new Bitdeer site features advanced R&D laboratories – including seven testing labs and two environmental-aging chambers.

“Our hub in Penang is poised to become a key innovation enabler for the wider group,” said Sara Suo, Director of the Board & Bitdeer’s Chief Operating Officer. “We are establishing a talent pipeline, with teams specializing in schematic, PCB, mechanical, and thermal design for hardware, as well as firmware and system development for software. We expect to grow a strong team of local IC design engineers and NPU specialists to support our global technological leadership.”

Dato’ Loo Lee Lian, Chief Executive Officer at InvestPenang, stated in her speech, “Bitdeer’s decision to choose Penang as the base for regional growth reinforces Penang’s position as a hub for technology and R&D.” She added, “Bitdeer’s ambition to build a strong team of local IC design engineers resonates with one of the PSD@5KM’s goal and together we are forging a dynamic synergy in strengthening Penang’s role as the heart of Malaysia’s semiconductor innovation and enabling our talents to contribute directly on the global stage.”

Bitdeer is committed to strengthening Malaysia’s technology ecosystem by continual knowledge and best practice sharing, alongside nurturing of engineering talent. Through long-term partnerships with key stakeholders, such as InvestPenang, Bitdeer aims to contribute towards sustainable and high-quality development of the local economy.

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About InvestPenang       
InvestPenang is the Penang State Government’s principal agency for the promotion of investment. Its objectives are to develop and sustain Penang’s economy by enhancing and continuously supporting business activities in the State through foreign and local investments, including spawning viable new growth centers. To realise its objectives, InvestPenang also runs initiatives like the SMART Penang Center (providing assistance to SMEs), Penang CAT Center (for talent attraction and retention), Global Business Services (GBS) Focus Group (promoting and developing digital economy), and Penang Silicon Design @5km+ (establishing a unique and interconnected ecosystem for IC design and technology enterprises). For more information, please visit https://investpenang.gov.my/ and follow InvestPenang’s social media channels: Facebook; LinkedIn; WhatsApp Channel and TikTok.

About Bitdeer Technologies Group
Bitdeer is a world-leading technology company for Bitcoin mining. Bitdeer is committed to providing comprehensive Bitcoin mining solutions for its customers. Bitdeer handles complex processes involved in computing such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations. Bitdeer also offers advanced cloud capabilities to customers with high demand for artificial intelligence. Headquartered in Singapore, Bitdeer has deployed datacenters in the United States, Norway, and Bhutan. To learn more, visit https://ir.bitdeer.com/ or follow Bitdeer on X @ BitdeerOfficial and LinkedIn @ Bitdeer Group.

Investors and others should note that Bitdeer may announce material information using its website and/or on its accounts on social media platforms, including X, formerly known as Twitter, Facebook, and LinkedIn. Therefore, Bitdeer encourages investors and others to review the information it posts on the social media and other communication channels listed on its website.

Forward-Looking Statements
Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. The words “anticipate,” “look forward to,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including factors discussed in the section entitled “Risk Factors” in Bitdeer’s annual report on Form 20-F, as well as discussions of potential risks, uncertainties, and other important factors in Bitdeer’s subsequent filings with the U.S. Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof. Bitdeer specifically disclaims any obligation to update any forward-looking statement, whether due to new information, future events, or otherwise. Readers should not rely upon the information on this page as current or accurate after its publication date.

For media enquiries, please contact:

InvestPenang
Elaine Cheah / Arief Ferdaus
Communications & Business Intelligence
Tel: +604-646 8833
Email: elaine@investpenang.gov.my / arief@investpenang.gov.my

Bitdeer Technologies Group
Ross Gan
Public Relations
Email: ross.gan@bitdeer.com

Michael Chew
Government Relations
Email: michael.chew@bitdeer.com