New Board and CEO appointments mark next phase of company’s growth
OSLO, NORWAY: Tydal Data Center AS today announced the appointment of Markus Andersen as CEO and Board Director, with effect from November 1, 2025. Andersen was the principal architect of the new Tydal-2 data center, having designed the facility and overseen its construction and successful completion in record time.
Mona Hustad and Chao Suo have been appointed to the Board of Directors of Tydal Data Center AS, and its sister company Troll Housing AS. Haakon Bryhni continues to serve as Chairman of Tydal Data Center AS, alongside his role as Research Professor at SimulaMet.
Suo is a Board member of Tydal Data Center AS’s ultimate parent company, Bitdeer Technologies Group, and also serves as its Chief Operations Officer. Her appointment reflects the ultimate parent company’s strong commitment towards long-term ambitions for its Norwegian data centers to capture opportunities in artificial intelligence (AI) workloads.
Hustad is an authorized accountant with board experience from other Norwegian companies and a strong financial background.
Additionally, Lars Naas, Chairman of Troll Housing AS, was recently appointed a Board Member of Bitdeer Technologies Group and its Vice President of Global Data Center operations.
“I am excited about embarking on our next phase of supporting the fastest-growing segment of the data center industry. Tydal-2 has been purpose-built to meet the demanding requirements of AI workloads, such as uninterrupted power, resilient network connectivity and advanced water-cooling. We will leverage both local expertise and insights gained from Bitdeer AI cloud’s services,” said Haakon Bryhni, Chairman of Tydal Data Center AS.
In order to enable a smooth transition during this period, Darren Morris will continue in his responsibilities as Site Manager of Tydal Data Center. “On behalf of the company, I would like to express our gratitude to Darren for his outstanding contribution at a critical juncture in the development,” added Haakon Bryhni.
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About Tydal Data Center AS
Founded by Norwegian entrepreneurs Lars Naas and Haakon Bryhni, Tydal Data Center is one of Norway’s largest, located in Tydal municipality in Trøndelag. The facility is designed to support complex IT operations and built with industry-leading standards for power management and cooling. Located within the Kirkvollen industrial site, and there are plans to utilize excess heat for food production on the neighboring property. The company is part of Singapore-based Bitdeer Technologies Group, which is listed on the US Nasdaq Stock Exchange (NASDAQ: BTDR). For more information visit: https://ir.bitdeer.com
Disclaimer
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.
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