Bitdeer’s Q3 revenue soars 174% year-on-year, bitcoin holdings surpass 2,000

PANews, November 10 – According to The Block, bitcoin mining company Bitdeer Technologies (NASDAQ: BTDR) released its Q3 2025 financial report, with revenue reaching $169.7 million, a year-on-year increase of 173.6%. Gross profit rose to $40.8 million, up from $2.8 million in the same period last year.

Although the company reported a net loss of $266.7 million due to losses from convertible bonds, adjusted EBITDA reached $43 million. During the reporting period, Bitdeer added approximately 527 BTC, increasing its holdings from 1,502 to 2,029 BTC, valued at about $214 million at current prices. The company’s proprietary computing power has reached 41.2 EH/s, and it stated that the new generation SEAL04 chip achieved an energy efficiency of 6–7J/TH in testing, laying the foundation for future capacity expansion.