PANews reported on November 10 that, according to The Block, Bitcoin mining company Bitdeer Technologies (NASDAQ: BTDR) released its Q3 2025 financial results, with revenue reaching $169.7 million, a year-on-year increase of 173.6%; gross profit rose to $40.8 million, higher than $2.8 million in the same period last year.

Despite a net loss of $266.7 million due to convertible bond provisions, the company's adjusted EBITDA reached $43 million. During the reporting period, Bitdeer added approximately 527 BTC, increasing its holdings from 1,502 to 2,029, worth approximately $214 million at current prices. The company's self-manufactured computing power has reached 41.2 EH/s, and it stated that its new generation SEAL04 chip achieved an energy efficiency of 6–7 J/TH in testing, laying the foundation for future capacity expansion.