Bitdeer’s Third-Quarter Results Could Not Be Verified Ahead of Scheduled November 10 Release
Key Facts
Bitdeer’s third-quarter 2026 results could not be verified from a reliable public source, although the company had set November 10 as the date to report results and hold an earnings call. The financial period in question covers the quarter ended September 30, 2026. The call was scheduled to begin at 8:00 a.m. Eastern Time. The company’s shares, trading under the ticker BTDR, closed at $6.61 on November 9, ahead of the announced results date. The company combines bitcoin mining with AI-related cloud services, according to its previous operational updates.
Results from previous periods provide context for the company’s performance ahead of the expected announcement. In the third quarter of 2025, Bitdeer recorded revenue of $169.7 million, compared with $62.0 million in the third quarter of 2024. But its net loss widened to $266.7 million in the third quarter of 2025, from $50.1 million a year earlier. In the second quarter of 2026, revenue was $228.8 million, compared with $155.6 million in the corresponding period of 2025. The company reported a gross loss of $8.5 million that quarter, after gross profit of $12.0 million in the second quarter of 2025.
On mining, Bitdeer said in its operational update that bitcoin production rose 200% year over year to 1,355 bitcoin in September 2026. GPU utilization in the same month was 95%, up from 92% in August. The figures point to concurrent activity in mining and computing infrastructure operations, two parts of the company’s business. The company also said commitments to acquire more than 70% of the A201 facility in Malaysia represent expected revenue of more than $1.7 billion over five years. It added that the commitments raise contracted AI Cloud revenue to about $2.9 billion.
A company official said when announcing third-quarter 2025 results that supply and demand imbalances in AI infrastructure could persist through at least 2027. The statement reflects the company’s assessment of market conditions at the time, not a financial result for the current period. In its September 2026 update, Bitdeer also announced it would move from monthly infrastructure updates to publishing them every three months alongside financial results. Under the announced schedule, third-quarter results and the earnings call were set for November 10. The share close of $6.61 the previous day remains the price reported for the period before the announcement.