Bitdeer's Q2 Revenue Reaches $228.8 Million, AI Cloud Business Revenue Nearly 10x Growth

BlockBeats News, August 11th, Nasdaq-listed Bitcoin mining firm Bitdeer released its Q2 2026 financial report, with a quarterly revenue of $228 million, a YoY growth of 47%, and a QoQ growth of 21.1%.

The report indicates that the company's Q2 revenue cost was $237.3 million, a YoY growth of 65.3%, but only a 4.1% increase QoQ, showing a significant slowdown in cost growth. The gross loss narrowed to $8.5 million, with a net loss of $92.3 million, a substantial reduction from the $159.5 million net loss in Q1.

Breaking down the business segments, Bitdeer's self-mining operation revenue reached $168.4 million, a YoY growth of 389.4%; AI Cloud business revenue reached $14 million, nearly a tenfold increase YoY.

Furthermore, Bitdeer recently signed a $4.7 billion 16-year AI leasing agreement with Volta for the Norway Tydal data center, continuing to advance its transition from Bitcoin mining to AI data center infrastructure.