Bitdeer Q2 Revenue Reaches $228.8 Million, Up 47% Year-over-Year, AI Cloud Business Revenue Surges Nearly 10-Fold

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.