Bitcoin.com News|Feb 25, 2025 23:33
🚨 Bitdeer’s Q4 2024:
- 531.9M net loss amid 240M TSMC chip investments 💸
- Targeting 40 EH/s mining power by late 2025 ⚡
- Holds 594 Bitcoin (77.5M) despite 64% drop in quarterly BTC output
• 40% revenue drop to 69M amid Bitcoin halving impact.
• 476M cash reserves after convertible note fundraising.
• 2.6 GW global power capacity to fuel expansion.
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