Bitdeer Technologies Group reported unaudited third quarter 2026 results showing total revenues reached a record US$320.7 million, an 89% increase year-over-year and a 40% rise from the second quarter. Adjusted EBITDA surged 173% to US$69.6 million, driven by higher self-mining hashrate and growth in AI Cloud services. The company posted a net loss of US$125.5 million, impacted by a US$54.6 million non-cash loss from the change in fair value of its digital assets loan. AI Cloud revenue backlog grew to approximately US$2.9 billion with 332 IT MW of capacity secured. Bitdeer is a world-leading technology company for AI neocloud services and Bitcoin mining infrastructure.
