Bitdeer Technologies Group (BTDR) reported disappointing financial results for the third quarter of fiscal 2025. The company posted an earnings per share (EPS) of $-1.28, significantly below Wall Street's consensus estimate of $-0.17, marking a $1.11 miss. Revenue remained at $0.2 billion, in line with expectations, yet the overall performance fell short of analyst forecasts.
The company will host an earnings conference call at BMO to discuss these results and provide further commentary on its business performance. This update provides insight into Bitdeer Technologies Group's operational challenges and financial health, particularly as it navigates the complexities of the cryptocurrency mining industry.
Bitdeer, which went public on July 28, 2021, engages in various aspects of cryptocurrency mining, including self-mining, hash rate sharing, and hosting. The firm employs 246 full-time staff and has a market capitalization of $4.7 billion. Looking ahead, the company is set to report its next earnings on February 22, 2026, with an EPS estimate of $0.13 and revenue expectations of $207.8 million.