14.08.2023

Over the past quarter, Bitdeer has lost $40 million.

Over the past quarter, Bitdeer's net loss reached more than $40 million. However, the profit increased by 5%. Note that the company is a provider of cryptocurrency mining services.

What other numbers sounded


From January to March, the company had net losses of more than $ 15.5 million. representatives of the organization reported that the key point affecting the losses are the costs of listing and payment on shares. They totaled more than $33 million.


Recall that in the spring Bitdeer conducted a reverse merger with Blue Safari. Thanks to this, she was able to enter the Nasdaq.


The company's profit amounted to almost 94 million dollars. Over the previous period, it was more than 89 million dollars.


If listing costs are not taken into account, the adjusted income of the organization could reach $2.3 million. However, the same indicator of the previous quarter was 1.3 million more. It reached $3.6 million.


At the end of June, 3 companies had $130.2 million in monetary terms or its equivalents. Recall that the construction of the Gedu mining center in Bhutan was completed last month. Its capacity reaches 100 MW.

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