Bit Deer's financial report for the second quarter of 2023: Bitcoin production is 758, a year-on-year increase of 45.5%

2023/08/11 13:26

On August 11th, Bitdeer announced its Q2 financial report ending on June 30th, 2023. The total revenue for Q2 was $93.8 million, a 5% increase YoY. The net loss for Q2 was $40.4 million, compared to a net loss of $15.6 million in the same period of 2022. The adjusted profit for Q2 was $2.3 million, and the adjusted EBITDA was $18.7 million. As of June 30th, Bitdeer held cash and cash equivalents of $130.2 million. The total hash rate for Q2 2023 was 18.8 EH/s, with 199,000 mining machines. In Q2 2023, Bitdeer's self-mining business produced 758 BTC, a YoY increase of 45.5%.

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