Bitdeer Posts Record Q3 Revenue of $320M, AI Cloud Backlog at About $2.9B

November 10: According to a GlobeNewswire announcement, Bitcoin miner Bitdeer (BTDR) released its unaudited third-quarter 2026 financial results. Quarterly revenue hit a record $320.7 million, up 89% year-over-year; adjusted EBITDA was $69.6 million, up 173% year-over-year; net loss was $125.5 million, including a $54.6 million non-cash loss from fair value changes on digital asset borrowings. The company self-mined 3,855 BTC during the quarter and held only 47 BTC at quarter-end. Its AI cloud business backlog stands at about $2.9 billion, with roughly 332 MW of AI cloud computing capacity already secured.