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Bitdeer mined 2,694 BTC successful Q2, but ended the 4th holding conscionable 150 BTC aft liquidating its treasury earlier this year.
Bitdeer mined 2,694 Bitcoin during the 2nd 4th of 2026, up astir fivefold from 565 BTC a twelvemonth earlier.
The miner closed the 4th with 150 BTC held connected its equilibrium sheet, down 90% from 1,502 BTC a twelvemonth earlier, according to the company’s Q2 study published Monday.
Bitdeer liquidated its full 943 BTC treasury successful February, citing liquidity decisions alternatively than a displacement distant from its halfway Bitcoin mining business.
Bitdeer is among the Bitcoin mining companies that person expanded into AI information centers and high-performance computing. In August, it signed a 16-year lease valued astatine $4.7 billion for 121 megawatts of AI computing capableness successful Norway.
The institution besides reported $228.8 cardinal successful Q2 revenue, up 47% from $155.6 cardinal a twelvemonth earlier. Self-mining gross accounted for $168.4 cardinal of the full arsenic mean self-mining hashrate jumped 389% to 69.5 exahashes per second. Its nett nonaccomplishment widened to $92.3 cardinal from $62.9 million.
Bitdeer’s gross somewhat surpassed Wall Street’s $225 cardinal statement estimate, according to expert estimates compiled by Yahoo Finance. The company’s shares rose 1.5% successful premarket trading connected Monday, aft a 15% diminution implicit the past month.
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