Bitdeer Technologies Group (BTDR) said that his net loss of the fourth quarter was extended to $ 531.9 million of $ 5 million in the most annual quarter.
Singapore -headed bitcoin (BTC) The mining company attributed expenses to strategic investments in the development of its Patented Asic mining platforms.
“While our approach in the development of ASIC temporarily limited the expansion of hashrate, we advanced significantly in the strengthening of our technological road map,” said Matt Kong, commercial director of the firm. “Having our own ASIC allows us to quickly implement the hashrate, lower cost and improve capital efficiency.”
Income fell to $ 69 million, 40% less than the most annual period, with decreases in self -minization, accommodation and hash in the cloud.
The company is doubling in growth, with the aim of increasing its self -report capacity to 40 exhash per second (EH/s) at the end of 2025, which would locate the company among the largest mining Bitcoin operations in the world.
It also plans to climb its energy infrastructure, with more than 1 Gigawatt (GW) of established capacity to connect next year, rather than duplicate the 900 current megawatts (MW).
Bitdeer said it sees potential in the ASIC market, pointing out a strong demand for alternative suppliers. The company is also positioning to supply energy for AI data centers, with the aim of capitalizing the growing demand for computer energy.
The actions fell 28% in the day in the midst of a broader decrease in traditional and cryptographic markets. The action is now quoted for $ 9.49, more than 64% lower than its maximum of all time in December.
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