Bitdeer surprised the market: its shares fell 20% despite a revenue increase of 174% and an adjusted EBITDA of 43 million dollars. The company reported a net loss of 266.7 million, driven by non-cash accounting charges. Although the balance looks negative, the operating results show real growth in its mining business and a solid expansion into new sources of revenue.
📊 The Singapore-based mining giant doubled its Bitcoin production, reaching 1109 BTC and expanding its reserves to 2029 units. Additionally, it began generating revenue from cloud computing and artificial intelligence services, a strategic move that could transform its business model and reduce its dependence on the price of Bitcoin.
🚀 Bitdeer not only aims to mine cryptocurrencies but also opportunities. With a projection of over $2 billion in annual revenue from AI services by 2026, the company positions itself at the intersection of digital mining and the artificial intelligence revolution.
Will this be the new path for Bitcoin miners towards sustainable profitability?
