The post Bitdeer Q3 Revenue Jumps 174% as Shares Drop Nearly 20% appeared on BitcoinEthereumNews.com. Shares of Singapore-based Bitcoin miner Bitdeer Technologies fell almost 20% on Monday after the company reported a jump in quarterly losses. Bitdeer recorded a net loss of $266.7 million for the third quarter of 2025, compared with a net loss of $50.1 million for the same period a year ago, largely due to non-cash losses resulting from the revaluation of its convertible debt. Revenue climbed to $169.7 million, up 174% from the previous year, driven by the expansion of its self-mining operations, according to the company. BTDR closing price on Monday. Source: Google Finance Bitdeer also reported gains in its operating performance, with adjusted EBITDA rising to $43 million from a $7.9 million loss in the same period in 2024. The company also doubled its Bitcoin production, mining 1,109 BTC during the quarter. Bitdeer reported its first revenue from high-performance and AI cloud services, bringing in $1.8 million in Q3 as it began shifting part of its computing power toward artificial intelligence. Matt Kong, chief business officer at Bitdeer, said the company was “uniquely positioned to capitalize” on AI and the surge in demand for computing power. He added that allocating “200 MW of power capacity to AI cloud services could generate an annualized revenue run-rate exceeding $2 billion by the end of 2026.” Bitdeer ended the quarter holding 2,029 BTC, up from 258 BTC a year earlier, and managed 241,000 mining rigs, compared with 165,000 at the same time last year. Related: EToro stock jumps on Q3 results, $150M buyback plan Bitcoin miners turn to AI An increasing number of Bitcoin mining companies are pivoting to AI and high-performance computing (HPC), repurposing a portion of their power capacity to meet the fast-growing demand for computing power. In August, MARA Holdings announced a $168 million deal to acquire a 64%… The post Bitdeer Q3 Revenue Jumps 174% as Shares Drop Nearly 20% appeared on BitcoinEthereumNews.com. Shares of Singapore-based Bitcoin miner Bitdeer Technologies fell almost 20% on Monday after the company reported a jump in quarterly losses. Bitdeer recorded a net loss of $266.7 million for the third quarter of 2025, compared with a net loss of $50.1 million for the same period a year ago, largely due to non-cash losses resulting from the revaluation of its convertible debt. Revenue climbed to $169.7 million, up 174% from the previous year, driven by the expansion of its self-mining operations, according to the company. BTDR closing price on Monday. Source: Google Finance Bitdeer also reported gains in its operating performance, with adjusted EBITDA rising to $43 million from a $7.9 million loss in the same period in 2024. The company also doubled its Bitcoin production, mining 1,109 BTC during the quarter. Bitdeer reported its first revenue from high-performance and AI cloud services, bringing in $1.8 million in Q3 as it began shifting part of its computing power toward artificial intelligence. Matt Kong, chief business officer at Bitdeer, said the company was “uniquely positioned to capitalize” on AI and the surge in demand for computing power. He added that allocating “200 MW of power capacity to AI cloud services could generate an annualized revenue run-rate exceeding $2 billion by the end of 2026.” Bitdeer ended the quarter holding 2,029 BTC, up from 258 BTC a year earlier, and managed 241,000 mining rigs, compared with 165,000 at the same time last year. Related: EToro stock jumps on Q3 results, $150M buyback plan Bitcoin miners turn to AI An increasing number of Bitcoin mining companies are pivoting to AI and high-performance computing (HPC), repurposing a portion of their power capacity to meet the fast-growing demand for computing power. In August, MARA Holdings announced a $168 million deal to acquire a 64%…