TechFlow reports that Bitdeer has announced its unaudited financial results and operational updates for the first quarter of 2024:
- Total revenue was $119.5 million, compared to $72.6 million in the first quarter of 2023
- Net profit was $0.6 million, compared to a net loss of $9.5 million in the first quarter of 2023
- Adjusted profit was $8.4 million, compared to $2.8 million in the first quarter of 2023
- Adjusted EBITDA was $26 million, compared to $18.5 million in the first quarter of 2023
- Cash and cash equivalents amounted to $118.5 million




