BTDR US ( Bitdeer Technologies Group) Long

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BTDR US ( Bitdeer Technologies Group) LongBitdeer Technologies GroupBATS:BTDRA3MInvestments#Invest #US #BTDR #BTC #USDT Bitdeer Technologies Group Demonstrates Growth Through a Combination of Operational Improvements, Industry Trends, and Strategic Initiatives Now, in order: Bitdeer reported a significant 56.8% year-over-year revenue increase in Q2 2025 to $155.6 million. This growth was driven by a 42% increase in mining revenue and mining hardware sales The company increased its monthly bitcoin mining volume by 45.6% in April 2025 compared to March The rise in the price of bitcoin has directly impacted the profitability of Bitdeer's mining operations Tether, the issuer of USDT, increased its stake in Bitdeer to 21.4% in March 2025, and then to over 24% in April The company is actively expanding its energy and data center capacity. 361 MW of capacity has been commissioned since the beginning of 2025, with the total available electrical capacity reaching 1.3 GW. This is expected to increase to 1.6 GW by the end of the year Bitdeer has confirmed that it is on track to reach its own hashrate of 40 EH/s by the end of October 2025, and plans to exceed this figure by the end of the year The company is focusing on the SEALMINER A4 project, which aims to achieve unprecedented chip efficiency of around 5 J/Th Bitdeer plans to set up a production line in the US Bitdeer held 1,502 bitcoins (worth around $170 million at the time) at the end of Q2 2025, up significantly from 113 BTC the year before