Bitdeer Q2 revenue $228.8 million, up 47% year-over-year

TechFlow News, August 10, Bitdeer released its financial report for the second quarter of 2026, with total revenue of $228.8 million, up 47% year-over-year; net loss of $92.28 million, adjusted EBITDA was $31.1 million, up approximately 576% year-over-year.

In the second quarter, the company's average self-mining hashrate reached 69.5 EH/s, producing a total of 2,694 bitcoins, and average mining machine efficiency improved to 15.8 J/TH. During the same period, AI cloud business revenue was $14 million, up approximately 977% year-over-year.

Additionally, Bitdeer signed a 16-year Artificial Intelligence/High-Performance Computing data center hosting lease with Volta at Norway's Tydal Park, with a contract value of approximately $4.7 billion.