Bitdeer Q2 Bitcoin output surges 377% as self mining capacity expands

Bitdeer has increased its Bitcoin production nearly fivefold year over year to 2,694 BTC in the second quarter of 2026, while revenue rose 47% as the miner expanded its self-mining capacity. Summary Bitdeer mined 2,694 BTC in Q2 2026, up nearly fivefold from 565 BTC a year earlier. Revenue rose 47% to $228.8 million as average self mining hashrate increased 389% to 69.5 EH/s. Bitdeer ended the quarter with 150 BTC after liquidating its 943 BTC treasury in February. The company’s net loss widened to $92.3 million from $62.9 million a year earlier. Bitdeer has also signed a 16 year, $4.7 billion AI data center agreement covering 121 MW in Norway. According to Bitdeer Technologies Group’s second-quarter report published Monday, the company generated $228.8 million in revenue, up from $155.6 million during the same period last year, while its net loss widened to $92.3 million from $62.9 million. Self-mining generated $168.4 million of quarterly revenue as Bitdeer’s average self-mining hashrate climbed 389% year over year to 69.5 exahashes per second. The higher computing capacity helped production reach 2,694 BTC, compared with 565 BTC in the second quarter of 2025. The revenue figure ...