The post Bitdeer Reports Q3 Revenue Surge Despite Net Loss appeared on BitcoinEthereumNews.com. Key Points: Bitdeer Technologies releases Q3 results with revenue at $169.7 million. Despite revenue growth, reports net loss of $266.7 million. BTC holdings increased by 527 BTC, boosting mining strength. Bitdeer Technologies announced its Q3 2025 financial results, revealing significant revenue growth to $169.7 million, led by enhanced Bitcoin mining operations, yet posting a net loss of $266.7 million. Despite a net loss, Bitdeer’s substantial revenue growth underscores its strategic advancements in Bitcoin mining, impacting BTC market fundamentals and potentially affecting global hash rate distribution. Bitdeer Surpasses $40.8 Million in Gross Profit This Q3 Bitdeer Technologies released its Q3 2025 financial results, reporting a 173.6% year-on-year revenue increase to $169.7 million. The rise in revenues is largely driven by expansion in self-mining efforts and associated operational efficiencies. Gross profit reached $40.8 million, seen as a considerable improvement from the previous year. The report indicates ongoing strong execution but is tempered by a net loss of $266.7 million due to provisions for convertible bonds. The company’s adjusted EBITDA was positive at $43 million, showing improved operational performance. Bitdeer amassed 527 additional BTC, bringing its holdings to 2,029 BTC. Matt Kong, Bitdeer’s Chief Business Officer, emphasized the strategic achievements with, “Q3 marked a quarter of strong execution and financial performance. Revenue reached $169.7 million, representing growth of 173.6% year-over-year and 9.1% sequentially. Gross profit rose to $40.8 million, while adjusted EBITDA increased to $43.0 million, reflecting operating leverage and efficiency gains driven by our self-mining expansion progress over the past year.” Bitcoin Market Performance and Bitdeer’s Strategic Moves Did you know? In Q3 2024, Bitdeer’s gross profit was just $2.8 million, which soared to $40.8 million in the same quarter of 2025, a staggering increase that showcases their rapid growth and efficiency in expanding mining capabilities. According to CoinMarketCap, Bitcoin (BTC) is… The post Bitdeer Reports Q3 Revenue Surge Despite Net Loss appeared on BitcoinEthereumNews.com. Key Points: Bitdeer Technologies releases Q3 results with revenue at $169.7 million. Despite revenue growth, reports net loss of $266.7 million. BTC holdings increased by 527 BTC, boosting mining strength. Bitdeer Technologies announced its Q3 2025 financial results, revealing significant revenue growth to $169.7 million, led by enhanced Bitcoin mining operations, yet posting a net loss of $266.7 million. Despite a net loss, Bitdeer’s substantial revenue growth underscores its strategic advancements in Bitcoin mining, impacting BTC market fundamentals and potentially affecting global hash rate distribution. Bitdeer Surpasses $40.8 Million in Gross Profit This Q3 Bitdeer Technologies released its Q3 2025 financial results, reporting a 173.6% year-on-year revenue increase to $169.7 million. The rise in revenues is largely driven by expansion in self-mining efforts and associated operational efficiencies. Gross profit reached $40.8 million, seen as a considerable improvement from the previous year. The report indicates ongoing strong execution but is tempered by a net loss of $266.7 million due to provisions for convertible bonds. The company’s adjusted EBITDA was positive at $43 million, showing improved operational performance. Bitdeer amassed 527 additional BTC, bringing its holdings to 2,029 BTC. Matt Kong, Bitdeer’s Chief Business Officer, emphasized the strategic achievements with, “Q3 marked a quarter of strong execution and financial performance. Revenue reached $169.7 million, representing growth of 173.6% year-over-year and 9.1% sequentially. Gross profit rose to $40.8 million, while adjusted EBITDA increased to $43.0 million, reflecting operating leverage and efficiency gains driven by our self-mining expansion progress over the past year.” Bitcoin Market Performance and Bitdeer’s Strategic Moves Did you know? In Q3 2024, Bitdeer’s gross profit was just $2.8 million, which soared to $40.8 million in the same quarter of 2025, a staggering increase that showcases their rapid growth and efficiency in expanding mining capabilities. According to CoinMarketCap, Bitcoin (BTC) is…