As reported by BeInCrypto, Bitdeer Technologies' shares fell nearly 32% to $17.65 after the company reported a $266 million quarterly loss. The decline followed a 30% rally on October 15, when the stock hit $25.90 amid optimism over AI and data center expansion plans. The company mined 1,109 BTC during the quarter and reported unaudited Q3 2025 revenue of $169.7 million, a 174% year-over-year increase. However, the net loss was driven by non-cash revaluation losses and elevated operational expenses. Bitdeer plans to allocate 200 MW of energy to AI services and aims for annual revenues exceeding $2 billion by 2026.
Bitdeer Shares Drop 32% Amid $266M Loss Despite Mining 1,109 Bitcoin
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