Bitdeer Revenue Climbs 89% as Third-Quarter Bitcoin Output Jumps 248%

Bitdeer Technologies Group (Bitdeer) generated $320.7 million in revenue in the third quarter of 2026, up 89% from a year earlier, as combined mining output rose 248% to 3,855 Bitcoin (BTC). The production total includes both self-mining and co-mining. Bitdeer produced 1,109 BTC in the same quarter a year earlier. Adjusted EBITDA increased 173% to $69.6 million. Self-mining hashrate reached 82.3 exahashes per second, up about 135% from 35.0 EH/s. Bitdeer had an AI Cloud revenue backlog of about $2.9 billion as of Sept. 30. It represents expected revenue under signed customer commitments over their remaining terms; it is not recognized revenue and does not necessarily indicate future revenue. The company had secured approximately 332 IT MW of AI Cloud capacity.

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