Bitdeer’s revenue jumps 47%. Its shares still sink 15%.
Quarterly revenue reached $228.8 million and bitcoin output nearly quintupled, but a $92.3 million net loss overshadowed the gains.
What happened
Bitdeer reported second-quarter revenue of $228.8 million and produced 2,694 BTC, nearly five times the comparable output. A $92.3 million net loss and rising costs outweighed that growth even as AI-cloud revenue increased to $14 million.
Why it matters
Investors are demanding profitable execution—not just bigger mining output and a fashionable AI narrative.
Watch next
Power costs, AI-cloud revenue and the path from a $92.3 million loss to sustainable operating cash flow.