Bitdeer Q3 revenue reached 320.7 million USD, Bitcoin production increased by 248%

According to The Block, Bitcoin mining company Bitdeer (BTDR) announced its third-quarter performance: revenue reached $320.7 million, setting a new historical high.

Bitcoin production increased by 248% year-on-year, reaching 3,855 BTC. Adjusted EBITDA grew by 173% to $69.6 million, but net losses widened to $125.5 million.