Odaily Planet Daily News Bitdeer (Bitdeer) announced its financial report for the second quarter ended June 30, 2023. The total revenue was US$93.8 million, compared with US$89.2 million in the same period in 2022, a year-on-year increase of 5%; the net loss in the second quarter was $40.4 million, net loss of $15.6 million in the same period in 2022; adjusted profit of $2.3 million in the second quarter; adjusted EBITDA of $18.7 million in the second quarter;
As of June 30, Bitdeer held $130.2 million in cash and cash equivalents. In the second quarter of 2023, the total computing power is 18.8EH/s, and the number of mining machines is 199,000; in the second quarter of 2023, Bitdeer produced 758 BTCs from its mining business, a year-on-year increase of 45.5%.