PANews reported on November 10 that, according to The Block, Bitcoin mining company Bitdeer Technologies (NASDAQ: BTDR) released its Q3 2025 financial results, with revenue reaching $169.7 million, a year-on-year increase of 173.6%; gross profit rose to $40.8 million, higher than $2.8 million in the same period last year. Despite a net loss of $266.7 million due to convertible bond provisions, the company's adjusted EBITDA reached $43 million. During the reporting period, Bitdeer added approximately 527 BTC, increasing its holdings from 1,502 to 2,029, worth approximately $214 million at current prices. The company's self-manufactured computing power has reached 41.2 EH/s, and it stated that its new generation SEAL04 chip achieved an energy efficiency of 6–7 J/TH in testing, laying the foundation for future capacity expansion.PANews reported on November 10 that, according to The Block, Bitcoin mining company Bitdeer Technologies (NASDAQ: BTDR) released its Q3 2025 financial results, with revenue reaching $169.7 million, a year-on-year increase of 173.6%; gross profit rose to $40.8 million, higher than $2.8 million in the same period last year. Despite a net loss of $266.7 million due to convertible bond provisions, the company's adjusted EBITDA reached $43 million. During the reporting period, Bitdeer added approximately 527 BTC, increasing its holdings from 1,502 to 2,029, worth approximately $214 million at current prices. The company's self-manufactured computing power has reached 41.2 EH/s, and it stated that its new generation SEAL04 chip achieved an energy efficiency of 6–7 J/TH in testing, laying the foundation for future capacity expansion.
Bitdeer's Q3 revenue surged 174% year-over-year, and its Bitcoin holdings surpassed 2,000.
PANews reported on November 10 that, according to The Block, Bitcoin mining company Bitdeer Technologies (NASDAQ: BTDR) released its Q3 2025 financial results, with revenue reaching $169.7 million, a year-on-year increase of 173.6%; gross profit rose to $40.8 million, higher than $2.8 million in the same period last year.
Despite a net loss of $266.7 million due to convertible bond provisions, the company's adjusted EBITDA reached $43 million. During the reporting period, Bitdeer added approximately 527 BTC, increasing its holdings from 1,502 to 2,029, worth approximately $214 million at current prices. The company's self-manufactured computing power has reached 41.2 EH/s, and it stated that its new generation SEAL04 chip achieved an energy efficiency of 6–7 J/TH in testing, laying the foundation for future capacity expansion.
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