Bitdeer reports $417.7 million H1 revenue, $251.8 million net loss

  • Bitdeer released unaudited consolidated financial statements for the six months ended June 30.
  • Revenue reached $417.7 million, while net loss totaled $251.8 million in the first half.
  • Bitdeer directly held digital assets valued at about $34.762 million, including 406 BTC.

Bitdeer released unaudited consolidated financial statements for the six months ended June 30, reporting first-half revenue of $417.7 million, up from $225.7 million a year earlier. The company recorded a gross loss of $47.57 million, an operating loss of $208.3 million and a net loss of $251.8 million, compared with net profit of $42.38 million in the prior-year period. Bitdeer directly held digital assets with a fair value of about $34.762 million, comprising 406 BTC valued at roughly $24.455 million, 3,080 ETH worth about $4.962 million, 5.3116 million USDT valued at approximately $5.304 million, 7,447 FIL and small amounts of other digital assets.

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