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BlockBeats News, August 11th, Nasdaq-listed Bitcoin mining company Bitdeer released its Q2 2026 financial report, with a quarterly revenue of $228 million, a 47% year-on-year increase, and a 21.1% increase from the previous quarter.
The financial report shows that the company's Q2 revenue cost was $237.3 million, a 65.3% year-on-year increase, but only a 4.1% increase from the previous quarter, indicating a significant slowdown in cost growth. The gross loss narrowed to $8.5 million, with a net loss of $92.3 million, a significant reduction from the $159.5 million in the first quarter.
By business segment, Bitdeer's self-mining revenue reached $168.4 million, a 389.4% year-on-year increase; AI Cloud business revenue reached $14 million, almost a tenfold year-on-year increase.
In addition, Bitdeer recently signed a $4.7 billion, 16-year AI leasing agreement with Volta for the Norway Tydal Data Center, continuing to advance its transformation from Bitcoin mining to AI data center infrastructure.
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