According to PANews, Bitdeer Technologies Group has released its unaudited financial results for the second quarter of 2025, reporting a revenue of $156 million. This marks a 56.8% increase compared to the same period last year and a 121.9% rise from the previous quarter. The SEALMINER A2 sales contributed $69.5 million to the revenue.
The company anticipates its self-mining capacity to reach 40 EH/s by the end of October and aims to surpass this target by the year's end. Additionally, Bitdeer is in advanced negotiations with partners regarding a high-performance computing and AI project in Clarington, Ohio.
As of June 30, Bitdeer holds 1,502 bitcoins, with total cryptocurrency assets valued at $169 million. The company's cash and cash equivalents amount to $299 million.
Earlier, on August 16, it was reported that Bitdeer mined 80.4 BTC this week, increasing its total bitcoin holdings to 1,764.2.
