NASDAQ$BTDR
Bitdeer Technologies Group · Q2 2025 earnings
Q2 2025 earnings · · Before market open · Investor relations
Briefing
Bitdeer Q2 revenue surges 122% sequentially to $155.6M on SEALMINER sales and self-mining growth
Bitdeer Technologies Group reported Q2 2025 revenue of $155.6 million, up 56.8% year over year and 121.9% sequentially from $70.1 million in Q1 2025, driven by higher self-mining activity and $69.5 million of external SEALMINER A2 sales. Gross profit was $12.8 million versus $24.4 million in Q2 2024 as cost of revenue rose to $142.8 million. The company posted a net loss of $147.7 million compared with a net loss of $17.7 million a year ago, while adjusted EBITDA was $17.3 million. Cash and cash equivalents totaled $299.8 million at June 30, 2025, with a crypto balance of $169.3 million. Management said it remains on track for 40 EH/s of self-mining by end-October and to exceed 40 EH/s by year-end, and is in advanced negotiations on its Clarington, Ohio HPC/AI site.
- Q2 revenue $155.6M (+56.8% YoY, +121.9% QoQ); gross profit $12.8M; net loss $147.7M
- SEALMINER A2 external sales contributed $69.5M; adjusted EBITDA $17.3M
- Cash and equivalents $299.8M; crypto holdings $169.3M at June 30, 2025
- On track for 40 EH/s self-mining by end-October and above 40 EH/s by year-end
- Advanced negotiations underway for Clarington, Ohio HPC/AI development partnership
Headline financials
Revenue & EPS history
Bitdeer · Revenue · Quarterly
$156M
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 7 quarterly earnings reports · overlaid with Q2 2025
-2.1%
Avg return
Earnings day
-7.9%
Avg return
5 days after
-17.2%
Avg return
30 days after
25%
2 / 8 earnings
Positive
+11.6%
Q1 2026
Best reaction
-19.7%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +11.6% | -3.0% | +35.0% | |
| Q4 2025 | -13.5% | -20.9% | -37.4% | |
| Q3 2025 | -19.7% | -52.2% | -47.8% | |
| Q2 2025 | +7.2% | -0.3% | +26.5% | |
| Q4 2023 | -2.8% | +17.1% | -18.5% | |
| Q2 2024 | +0.0% | +12.5% | -11.5% | |
| Q1 2024 | +0.0% | +0.4% | -21.8% | |
| Q3 2023 | +0.0% | -17.0% | -62.4% |
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