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#Michael Potter

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Bitdeer Q3 Revenue Surges 89% as $2.9B AI Backlog Eyes Further Growth
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Bitdeer Q3 Revenue Surges 89% as $2.9B AI Backlog Eyes Further Growth

Key Highlights Bitdeer reported $217.5 million in self-mining revenue and $59.9 million in co-mining revenue, though rising operational costs reduced gross margins to 3.4%. AI Cloud revenue surged to $20.4 million, up from $1.8 million the previous year, supported by 332 megawatts of secured AI Cloud IT capacity. Major global deals include an AI data ...