Bitdeer Surges Bitcoin Output by Nearly Fivefold

Bitdeer Technologies nearly quintupled its Bitcoin output in the second quarter of 2026, mining 2,694 BTC compared to 565 BTC a year earlier. The surge arrived even as the company ended June holding only 150 BTC on its balance sheet, down 90% from 1,502 BTC in the same period last year.

The operational expansion showed up clearly in Bitdeer's self-mining metrics. Average self-mining hashrate jumped 389% to 69.5 exahashes per second, helping self-mining revenue reach $168.4 million. Total quarterly revenue climbed 47% year over year to $228.8 million.

However, Bitdeer's mining engine became substantially more productive, but stronger output did not translate into bottom-line profitability. The company's net loss widened to $92.3 million from $62.9 million a year earlier.