Bitdeer (BTDR) Stock Drops 15% After Q2 Earnings Despite Revenue Beat

TLDR

• Bitdeer mined 2,694 BTC in Q2 2026, up nearly fivefold from 565 BTC in Q2 2025.
• Revenue rose 47% year-over-year to $228.8 million, edging past Wall Street’s $225 million estimate.
• Net loss widened to $92.3 million from $62.9 million a year earlier.
• The company closed Q2 holding just 150 BTC, down 90% from 1,502 BTC a year prior.
• BTDR stock dropped over 15% on Monday despite the strong operational numbers.

Bitdeer (BTDR) stock fell more than 15% on Monday after the company reported Q2 2026 earnings that showed strong revenue growth but a widening net loss.

Bitdeer Technologies Group, BTDR

The stock had already dropped 15% over the prior month before Monday’s move. It was briefly up 1.5% in premarket trading before reversing sharply once the market opened.

Revenue for the quarter came in at $228.8 million, up 47% from $155.6 million in Q2 2025. That came in just above the Wall Street consensus estimate of $225 million.

LATEST: ⛏️ Bitdeer mined 2,694 BTC in Q2, nearly five times last year's output, with its revenue also rising 47% to $228.8M. pic.twitter.com/jGf585abhX

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