# Bitdeer Revenue Climbs 89% as Third-Quarter Bitcoin Output Jumps 248%

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/53935
Published: 2026-11-11T12:27:25.000Z
Updated: 2026-11-11T12:27:25.000Z
Section: Business

> Bitdeer Technologies Group (Bitdeer) generated $320.7 million in third-quarter 2026 revenue, while combined self-mining and co-mining output reached 3,855 Bitcoin (BTC).

Bitdeer Technologies Group (Bitdeer) generated $320.7 million in revenue in the third quarter of 2026, up 89% from a year earlier, as combined mining output rose 248% to 3,855 Bitcoin (BTC).

The production total includes both self-mining and co-mining. Bitdeer produced 1,109 BTC in the same quarter a year earlier.

Adjusted EBITDA increased 173% to $69.6 million. Self-mining hashrate reached 82.3 exahashes per second, up about 135% from 35.0 EH/s.

Bitdeer had an [AI Cloud revenue backlog](<https://www.tokenpost.com/news/business/35408>) of about $2.9 billion as of Sept. 30. It represents expected revenue under signed customer commitments over their remaining terms; it is not recognized revenue and does not necessarily indicate future revenue. The company had secured approximately 332 IT MW of AI Cloud capacity.

Bitdeer listed total global electrical capacity of about 3.1 gigawatts as of Oct. 31. The figure includes online and pipeline capacity across several planned uses.



## Links in this article

- [AI Cloud revenue backlog](https://www.tokenpost.com/news/business/35408)
