Bitdeer Technologies reported a Q3 revenue of 169.7 million USD, exceeding expectations. They recovered with an adjusted EBITDA of 43 million USD and a gross profit of 40.8 million USD, while ending the quarter with 196 million USD in cash and 246 million USD in crypto assets.
Despite a net loss of 266.7 million USD, Bitdeer is expanding its business into artificial intelligence while maintaining its core blockchain operations. This move signifies a pivotal shift to adapt to evolving market demands.
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