Cryptocurrency
Bitdeer Sees Q1 Revenue Drop 41%, While Net Income Soars on Derivative Gains
Singapore-headquartered crypto mining firm Bitdeer posted mixed financial results for Q1 2025, with revenue dropping significantly even as net income skyrocketed—thanks to substantial non-cash gains tied to derivatives. According to its latest earnings report released Thursday, Bitdeer generated $70.1 million in revenue during the first quarter, marking a