Bitdeer Technologies Group (BTDR) Reports Q4 Loss of $3.22/sh

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Bitdeer Reports Unaudited Financial Results for the Fourth Quarter and Full Year of 2024

February 25, 2025 7:00 AM EST

SINGAPORE, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (Bitdeer or the Company), a world-leading technology company for blockchain and high-performance computing, today released its unaudited financial results for the fourth quarter ended December 31, 2024.

Q4 2024 Financial Highlights
All amounts compared to Q423 unless otherwise noted

Total revenue was US$69.0 million vs. US$114.8 million.Cost of revenue was US$63.9 million vs. US$87.8 million.Gross profit was US$5.1 million vs. US$27.0... More