Bitdeer Q3 earnings: revenue up 89% to a record high, AI cloud 11x
Original headlineビットディアQ3決算、売上89%増で過去最高 AIクラウドは11倍に
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Bitdeer reported record Q3 revenue of $320.7 million, up 89% year-over-year, as its AI cloud business expanded roughly elevenfold. Despite the top-line surge, the Bitcoin mining firm's net loss widened to $125.5 million. The results underscore how miners are increasingly leaning on AI and high-performance computing revenue to offset volatile Bitcoin economics. Investors will watch whether AI cloud growth can keep scaling fast enough to narrow losses and diversify earnings away from mining.
Muhabbit's AI wrote this summary in its own words from CoinPost's report and translated it from Japanese. It can get details wrong, so check the source.
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