Bitdeer Technologies Group reported a $531.9 million net loss for Q4 2024 as it invested heavily in proprietary mining hardware development, including $243.4 million in payments to chip manufacturer Taiwan Semiconductor Manufacturing Company (TSMC), while targeting a self-mining hashrate of 40 exahash per second (EH/s) by late 2025. Strategic ASIC Push Drives Bitdeer’s $532M Q4 […]
Source: https://news.bitcoin.com/bitdeer-posts-531-9m-q4-loss-amid-heavy-asic-investments-eyes-40-eh-s-hashrate-target/
Bitdeer Posts $531.9M Q4 Loss Amid Heavy ASIC Investments, Eyes 40 EH/s Hashrate Target
