Bitdeer mined 2,694 BTC in the second quarter of 2026, nearly five times the 565 BTC mined in Q2 2025. The company ended the quarter with just 150 BTC in its reserves, down 90% year-over-year, after liquidating its entire treasury of 943 BTC in February. Its revenue reached $228.8 million, up 47% year-over-year, despite a widened net loss of $92.3 million. Bitdeer is expanding into AI data centers and high-performance computing, having signed a 16-year lease worth $4.7 billion for 121 megawatts of AI computing capacity in Norway last August.
Source: Read the original article
