Bitdeer Q4 Net Profit Hits USD 70.5 Million, Reversing from Loss

Reuters
Feb 12
Bitdeer Q4 Net Profit Hits USD 70.5 Million, Reversing from Loss

Bitdeer Technologies Group reported its unaudited financial results for the fourth quarter (Q4) and full year (FY) ended December 31, 2025. In Q4 2025, the company recorded revenue of USD 224.84 million, a more than threefold increase. Cost of revenue for the quarter amounted to USD 214.27 million. Gross profit for Q4 reached USD 10.57 million, while net profit stood at USD 70.50 million, compared to a net loss in the same period of the previous year. Adjusted EBITDA was positive at USD 31.20 million. For the full year 2025, Bitdeer Technologies Group reported total revenue of USD 620.25 million. Cost of revenue was USD 559.26 million, and gross profit totaled USD 60.99 million. Selling expenses for the year were USD 6.67 million, general and administrative expenses were USD 84.42 million, and research and development expenses reached USD 153.88 million. The company reported other net gain of USD 365.04 million for the full year. During the period, Bitdeer Technologies Group continued to operate as a technology provider for Bitcoin mining and artificial intelligence infrastructure, with data centers deployed in the United States, Norway, and Bhutan. The company highlighted its ongoing development and infrastructure investments in these sectors.

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