Bitdeer Q2 Revenue Jumps 47% to $228.8M, AI Cloud Surges 10x

Bitdeer reports Q2 revenue of $228.8M, up 47% YoY, with AI cloud income growing nearly 10-fold. Net loss narrows to $92.3M as cost growth slows significantly.

Woofun AI data shows that Bitdeer reported second-quarter 2026 revenue of $228.8 million, representing a 47% year-on-year increase and a 21.1% quarter-on-quarter rise. Cost of revenue totaled $237.3 million, up 65.3% year-on-year but only 4.1% quarter-on-quarter, leading to a narrowed gross loss of $8.5 million and a net loss of $92.3 million, down from $159.5 million in the prior quarter.

Segment results indicated self-operated mining revenue of $168.4 million, a 389.4% year-on-year jump, while AI cloud revenue reached $14 million, nearly a 10-fold increase year-on-year. The company also signed a 16-year, $4.7 billion AI leasing agreement for its Tydal data center in Norway with Volta.