Bitdeer Q2 FY26 net loss widens to US$92.3 million; revenue rises to US$228.8 million
Reuters2026/08/10 11:05- Bitdeer posted Q2 2026 revenue of US$228.8 million, up 47.04% from a year earlier.
- Net loss widened to US$92.3 million; gross loss was US$8.5 million, swinging from a gross profit a year earlier.
- Adjusted EBITDA rose to US$31.1 million, more than doubled from a year earlier.
- Cash, cash equivalents and restricted cash climbed to US$496.3 million as of June 30, 2026, up 55.63% from year-end 2025.
- Management cited a long-term, contracted revenue deal in Tydal, Norway, tied to a US$4.7 billion, 16-year AI/HPC data center lease with Volta.
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