Bitdeer posts record $320.7 million Q3 revenue as AI lease pipeline grows

The Bitcoin miner nearly doubled sales year-over-year, but a non-cash charge tied to digital asset borrowings pushed its net loss sharply wider Bitdeer Technologies Group just had its biggest quarter ever, at least by revenue. The Bitcoin miner and AI cloud operator reported $320.7 million in third-quarter 2026 sales, up 89% from $169.7 million a year earlier. The bottom line told a different story. Net loss ballooned to $125.5 million, compared to $30.1 million in Q3 2025. The Nasdaq-listed company (BTDR) released the unaudited results on November 10. It also pointed to a $4.7 billion, 16-year AI and high-performance computing lease with Volta Tydal AS, a deal announced on August 4, 2026. Self-mining did most of the heavy lifting.

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