Bitdeer Swings to Profit in Q4 2025 as It Accelerates Shift Toward AI Infrastructure

Bitdeer Technologies ( (BTDR) ) has shared an update.

On February 12, 2026, Bitdeer Technologies Group reported unaudited financial results for the fourth quarter and full year ended December 31, 2025, highlighting a sharp turnaround in profitability and rapid scale-up of its infrastructure. Q4 2025 revenue surged to $224.8 million from $69.0 million a year earlier, with gross profit more than doubling to $10.6 million and net profit swinging to $70.5 million from a $531.9 million loss, while adjusted EBITDA improved to a positive $31.2 million and cash, crypto and receivables totaled over $368 million at year-end.

Operationally, Bitdeer expanded total hash rate under management to 71.0 EH/s from 21.6 EH/s in Q4 2024 and nearly doubled self-owned mining rigs to 211,000, enabling self-mined Bitcoin to rise to 1,673 coins in the quarter and boosting its Bitcoin holdings to 2,017. Management framed Q4 2025 as a strategic inflection point, emphasizing a dual-track shift toward high-performance compute and AI colocation on top of its core Bitcoin mining, backed by 1,658 MW of online electrical capacity and a pipeline of additional crypto and AI/HPC data center projects in North America, Europe, Africa and Asia, which could strengthen Bitdeer’s positioning in both the digital asset and AI infrastructure markets.

The most recent analyst rating on (BTDR) stock is a Buy with a $22.00 price target. To see the full list of analyst forecasts on Bitdeer Technologies stock, see the BTDR Stock Forecast page.

Spark’s Take on BTDR Stock

According to Spark, TipRanks’ AI Analyst, BTDR is a Underperform.

Bitdeer Technologies is facing significant financial difficulties, with consistent operating losses and negative cash flows being the most critical issues. The technical indicators suggest a bearish trend, and the valuation metrics highlight the company’s unprofitability. These factors collectively result in a low overall stock score, indicating high risk and the need for strategic improvements.

To see Spark’s full report on BTDR stock, click here.

More about Bitdeer Technologies

Bitdeer Technologies Group is a Singapore-headquartered technology company focused on Bitcoin mining and AI infrastructure, listed on Nasdaq under the ticker BTDR. The company operates a global portfolio of power-intensive data centers across the U.S., Norway, Bhutan, Ethiopia and other locations, and provides self-mining, hosting, cloud hash rate and emerging colocation and GPU-as-a-service offerings aimed at hyperscalers and enterprise AI customers.

Bitdeer’s strategy centers on leveraging its large 3.0 GW power portfolio and proprietary SEALMINER technology to deliver high-efficiency Bitcoin mining while increasingly reallocating capacity toward high-performance compute and AI workloads. The group positions its rapid deployment capabilities and power procurement expertise as key advantages amid tightening global supply of data center power and AI compute capacity.

Average Trading Volume: 6,838,222

Technical Sentiment Signal: Buy

Current Market Cap: $2.84B

For a thorough assessment of BTDR stock, go to TipRanks’ Stock Analysis page.