The earnings call highlights Bitdeer's ongoing strategic advancements in ASIC development and geographic diversification, as well as innovation in energy efficiency. However, these positives are overshadowed by significant financial losses, revenue declines, and high operating costs, driven by the 2024 Bitcoin halving and increased global hashrate. The company's strategic pause in Bitcoin mining for HPC/AI initiatives may provide long-term benefits, but current financial performance remains a concern.

Company Guidance

During the Bitdeer First Quarter 2025 Earnings Call, the company provided comprehensive guidance on various metrics and strategic initiatives. Bitdeer reported a total revenue of $70.1 million, a negative gross profit of $3.2 million, and an adjusted EBITDA of negative $56.1 million for Q1 2025. The company's self-mining hashrate increased to 11.5 exahash per second by the end of the quarter, with plans to reach approximately 40 exahash per second by October 2025. Bitdeer is also expanding its power capacity, with nearly 500 megawatts of new self-mining power capacity expected online by mid-year, increasing the total global capacity to 1.6 gigawatts. The company reiterated its focus on developing its ASIC technology, with mass production of the SEALMINER A2 expected to complete by October 2025, and an unprecedented efficiency target of approximately 5 Joules per Terahash for the upcoming SEALMINER A4. Furthermore, Bitdeer is exploring geographic diversification with projects in Norway, Bhutan, and a new site in Ethiopia, and has paused Bitcoin mining-related construction at its Clarington, Ohio site to explore opportunities in the HPC/AI sector.

Increased Self-Mining Hashrate

Self-mining hashrate increased to 11.5 exahash per second by the end of the quarter, with expectations to reach 40 exahash per second by October 2025.

Geographic Diversification

Significant power capacity expansion with 500 megawatts of new self-mining power capacity by mid-year, focusing on Norway and Bhutan.

ASIC Development Progress

Completion of mass production of SEALMINER A1 and ongoing production and sales of SEALMINER A2 with a pro series launched. SEALMINER A3 testing is underway, with expectations for mass production in Q3 2025.

Innovative Technology Advancements

Development of SEALMINER A4 targeting unprecedented efficiency of approximately 5 Joules per Terahash, with plans to file patents and tape-out by Q4 2025.

Strategic Pause for HPC/AI

Decision to pause Bitcoin mining construction in Clarington, Ohio, to focus on HPC/AI data center development with advanced discussions with development partners.

Bitdeer Technologies (BTDR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

BTDR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 17, 2025	2025 (Q3)	-0.15 / -	-0.35	―	―	―
Aug 18, 2025	2025 (Q2)	-0.12 / -0.76	0.036	-2211.11% (-0.80)
May 15, 2025	2025 (Q1)	-0.42 / 1.79	0.072	2388.89% (+1.72)
Feb 25, 2025	2024 (Q4)	-0.17 / -3.22	0.06	-5466.67% (-3.28)	―
Nov 18, 2024	2024 (Q3)	-0.10 / -0.35	0.095	-468.42% (-0.44)	―
Aug 12, 2024	2024 (Q2)	0.03 / 0.04	0.021	71.43% (+0.01)	―	―
May 13, 2024	2024 (Q1)	0.14 / 0.07	-0.09	180.00% (+0.16)	―	―
Mar 28, 2024	2023 (Q4)	0.07 / 0.06	-0.117	151.28% (+0.18)	―	―
Nov 13, 2023	2023 (Q3)	-0.04 / 0.10	-0.204	146.57% (+0.30)	―	―
Aug 11, 2023	2023 (Q2)	- / 0.02	-0.144	114.58% (+0.16)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

BTDR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 18, 2025	$13.39	$14.36	+7.24%
May 15, 2025	$14.09	$13.73	-2.56%
Feb 25, 2025	$13.10	$9.26	-29.31%
Nov 18, 2024	$11.09	$11.85	+6.85%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Bitdeer Technologies Group (BTDR) report earnings?

Bitdeer Technologies Group (BTDR) is schdueled to report earning on Nov 17, 2025, After Close (Confirmed).

What is Bitdeer Technologies Group (BTDR) earnings time?

Bitdeer Technologies Group (BTDR) earnings time is at Nov 17, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is BTDR EPS forecast?

BTDR EPS forecast for the fiscal quarter 2025 (Q3) is -0.15.

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