Bitdeer Shares Plummet After Quarterly Loss

[cryptoenthusiast]

Bitdeer Technologies’ (NASDAQ: BTDR) shares fell nearly 32% to $17.65 after reporting a $266 million Q3 loss. The drop comes after a 30% rally in mid-October fueled by investor excitement over AI and data center expansion plans. Analysts say the decline highlights the tension between growing revenue and profitability pressures from capital expenditures and large-scale infrastructure investment.

[alex10]

Mining margins getting squeezed hard — energy costs remain a killer.

[Abdul Khan]

Market reaction was brutal but expected; profitability recovery will take time. 🧊