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Bitdeer nearly doubles Bitcoin output and grows treasury by 35% while expanding into AI cloud services.

Protocol Fundamentals
10 Nov 2026, 15:57 WIB
Crypto Briefing
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Bullish
Bitdeer nearly doubles Bitcoin output and grows treasury by 35% while expanding into AI cloud services.

Bitdeer Technologies Group increased its Bitcoin mining output by 96% year-over-year in Q3, producing 1,109 BTC and growing its treasury by 35% to 2,029 BTC. Revenue surged 174% to $169.7 million, with adjusted EBITDA at $43 million, reflecting strong operational profitability. The company is also diversifying into AI cloud services, leveraging its existing infrastructure to create new revenue streams beyond Bitcoin mining. Investors should watch Bitdeer's hash rate growth, treasury changes, and the revenue contribution from AI services in upcoming quarters.

Bitdeer Technologies Group's Bitcoin holdings grew 35% to 2,029 BTC, providing context for readers tracking cryptocurrency developments. For readers following the broader crypto market, 14 of 50 major cryptocurrencies on Pluang rose while 35 fell as of Nov 10, 2026 20:44 WIB. Notable movers include ZIL at Rp29 with a 7.63% decline and AAVE at Rp2,258,238 down 6.38%.

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