Bitdeer Reports $532M Q4 Loss, Focuses on ASIC Development for 2025 Growth
Bitdeer Technologies Group (BTDR) said its fourth-quarter net loss widened to $531.9 million from $5 million in the year-earlier quarter. The Singapore-based bitcoin (BTC) mining company attributed the expenses to strategic investments in developing its proprietary ASIC mining rigs. “While our focus on ASIC development temporarily limited hashrate expansion, we made significant progress in strengthening … Read more