{
  "id": 469162,
  "title": "Bitdeer increased Bitcoin mining output by nearly fivefold in Q2",
  "url": "https://urgent.news/2026/08/10/bitdeer-increased-bitcoin-mining-output-by-nearly-fivefold-in-q2",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-10T13:07:42.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/bitdeer-bitcoin-mining-output-fivefold-q2"
  },
  "original_language": "en",
  "account": "Bitdeer, a Bitcoin mining company, nearly quintupled its mining output in Q2 2026, outputting 2,694 BTC compared to 565 BTC the previous year. This increase follows a significant reduction in holdings, with the company liquidating its treasury and closing the quarter with only 150 BTC, a 90% decrease from 1,502 BTC a year earlier. The substantial decrease in BTC holdings was a result of liquidity decisions, rather than a shift away from Bitcoin mining. Bitdeer, which has also ventured into AI data centers and high-performance computing, reported $228.8 million in Q2 revenue, a 47% increase from the previous year. The company's self-mining revenue rose to $168.4 million, with a notable 389% increase in average self-mining hashrate to 69.5 exahashes per second. Despite the impressive mining output, Bitdeer's net loss widened to $92.3 million from $62.9 million. The company's shares experienced a 1.5% increase in premarket trading after a 15% decline over the past month, slightly surpassing Wall Street's $225 million revenue consensus estimate.",
  "summary": "Bitdeer mined 2,694 BTC in Q2, but ended the quarter holding just 150 BTC after liquidating its treasury earlier this year.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}