Bitdeer Technologies Group held 2,029 BTC at the end of the third quarter, up 35% from the 1,502 BTC held one quarter earlier. The company mined 1,109 BTC during the period, a 96% year-over-year increase, while its hash rate reached 35 EH/s. Quarterly revenue stood at $169.7 million, up 174%, and adjusted EBITDA reached $43 million. Bitdeer produced more BTC than its holdings increased, indicating that part of its production likely went toward expenses or other uses. The company is also expanding AI cloud services to reduce its reliance on blockchain activity and mining rewards.
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