Bitdeer Sees Revenue Surge as Self-Mining Business Heats Up

Bitdeer Technologies Group, a Singapore-based technology company for Bitcoin mining and AI infrastructure, has reported its unaudited financial results for the second quarter of 2026. According to the report, total revenue was $228.8 million, up from $155.6 million in the same period last year.

The company's self-mining revenue reached $168.4 million, driven by a significant increase in average self-mining hashrate for the quarter, which rose 389.4% to 69.5 EH/s from 14.2 EH/s in the prior year period. However, this was partially offset by a lower average Bitcoin price at which mining rewards were recognized.

In contrast, AI Cloud revenue increased to $14 million, while cloud hash rate revenue reached $3.7 million. General hosting and membership hosting also saw revenue growth, with figures of $2.8 million and $12.8 million respectively.