Bitdeer second quarter mining output 2,694 BTC, total revenue $228.8 million

Odaily Planet Daily News Nasdaq-listed Bitcoin mining company Bitdeer has released its unaudited financial results for the second quarter of 2026. The company recorded total revenue of $228.8 million in the second quarter, a year-on-year increase; it reported 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 the second quarter was 2,694 BTC; self-mining hash rate stood at 73 EH/s, with total managed hash rate at 86.1 EH/s, and a total of 289,000 mining machines under management. As of June 30, the company held cash and restricted cash of $496.3 million, along with digital assets and accounts receivable of $196.9 million.

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