Bitdeer mined 2,694 BTC in Q2, total revenue of $228.8 million

Odaily News Nasdaq-listed Bitcoin mining company Bitdeer released its unaudited financial results for the second quarter of 2026. The company reported total Q2 revenue of $228.8 million, up year-over-year; a gross loss of $8.5 million, a net loss of $92.3 million, and adjusted EBITDA of $31.1 million. BTC mining output in Q2 totaled 2,694 BTC; self-mining hashrate stood at 73 EH/s, with total managed hashrate at 86.1 EH/s, and 289,000 mining machines under management. As of June 30, the company held $496.3 million in cash and restricted cash, along with $196.9 million in digital assets and accounts receivable.

In terms of AI cloud business, Q2 AI cloud revenue reached $14 million, with a 16-year, $4.7 billion AI/HPC data center lease agreement secured in Tydal, Norway. As of July 31, Bitdeer's total global power capacity reached 2,980.2 megawatts, with crypto mining facilities in Norway, Malaysia, Ohio, and other locations advancing their transition to AI computing centers. (Globenewswire)