Bitdeer reports Bitcoin mining revenue of 59.3 million USD, up 43% compared to last year

Bitdeer Technologies Group (BTDR) announced that its Bitcoin mining revenue for Q2 reached 59.3 million USD, an increase of 43% compared to the same period in 2024 (41.6 million USD). Total quarterly revenue reached 155.6 million USD, up 56.8% compared to last year.

The company also increased its holdings to 1,502 BTC (175 million USD), compared to only 115 BTC in Q2/2024. BTDR's stock closed at 14.36 USD, rising more than 7% after the report.

Bitdeer stated that growth came from higher Bitcoin prices and self-mining hashrate increasing by 103.3%, reaching 14.2 EH/s. The company aims to achieve 40 EH/s by the end of October 2025.