Bitdeer Nearly Quintuples Q2 Output, Ending Quarter With 150 BTC

TL;DR

• Bitdeer mined 2,694 BTC in Q2 2026, nearly five times the 565 BTC produced a year earlier, while ending June with only 150 BTC.
• Revenue rose 47% to $228.8 million and average self-mining hashrate climbed 389% to 69.5 exahashes per second, but net loss widened to $92.3 million.
• The company is also expanding into AI infrastructure, including a 16-year, $4.7 billion lease for 121 megawatts of computing capacity in Norway.

Bitdeer Technologies nearly quintupled its Bitcoin production in the second quarter of 2026, mining 2,694 BTC compared with 565 BTC a year earlier. The surge arrived even as the company ended June holding only 150 BTC on its balance sheet, down 90% from 1,502 BTC in the same period last year. The contrast is hard to miss: Bitdeer produced far more bitcoin while retaining dramatically less of it. That outcome reflects a treasury reset earlier in the year, when the miner liquidated its entire 943 BTC reserve in February, citing liquidity considerations rather than abandoning Bitcoin mining.

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