Bitdeer Technologies Group announced a significant revenue increase to $188.9 million in Q1 2026, up from $70.1 million a year earlier, driven by growth in Bitcoin mining and AI cloud services. Despite the revenue surge, the company posted a net loss of $159.5 million due to higher costs, including electricity, depreciation, and interest expenses. Bitdeer expanded its mining capacity with new SEALMINER rigs and advanced AI data center projects in Norway, aiming to strengthen its AI infrastructure platform. The company remains optimistic about 2026 as a pivotal year for its AI and mining business growth.
The Benchmark Company, a subsidiary of StoneX Group Inc., will hold its Digital Assets Summit in New York City on May 27, 2026. The event aims to connect leading public and private digital asset and crypto companies with institutional investors throu...
Bitdeer Technologies Group announced a 372% year-over-year increase in Bitcoin production to 783 BTC in April 2026, driven by a self-mining hash rate surge to 65.5 EH/s. The company’s AI cloud business also showed strong momentum with annual recurrin...
