{"id":669451,"date":"2025-05-15T23:46:54","date_gmt":"2025-05-15T20:46:54","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitdeer-q1-revenue-falls-more-than-40-year-over-year\/"},"modified":"2025-05-15T23:46:54","modified_gmt":"2025-05-15T20:46:54","slug":"bitdeer-q1-revenue-falls-more-than-40-year-over-year","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitdeer-q1-revenue-falls-more-than-40-year-over-year\/","title":{"rendered":"Bitdeer Q1 revenue falls more than 40% year-over-year"},"content":{"rendered":"

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The company still managed to clock net income of more than $400 million due to increasing values of derivatives on its balance sheet, Bitdeer said.<\/p>\n

Bitdeer Technologies Group reported a 41% year-over-year drop in revenue to $70.1 million for the first quarter of 2025, the Bitcoin miner said on May 15.\u00a0<\/p>\n

The Singaporean company clocked an operating loss of $3.2 million for the quarter, down from a $34.1 million profit during the same period last year, its earnings release said<\/a>.\u00a0<\/p>\n

However, Bitdeer reported a Q1 net income of more than $400 million, largely driven by gains on convertible notes and warrants issued to stablecoin issuer Tether in 2024.<\/p>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The company still managed to clock net income of more than $400 million due to increasing values of derivatives on its balance sheet, Bitdeer said. Bitdeer Technologies Group reported a 41% year-over-year drop in revenue to $70.1 million for the first quarter of 2025, the Bitcoin miner said on May 15.\u00a0 The Singaporean company clocked…<\/p>\n","protected":false},"author":1,"featured_media":669452,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2024-11\/01935fdd-fa8a-77e6-8b03-f894acfd7b6a","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,78828,74989,74937,74858,74863,75042,117,73711,73785,70359,67874],"class_list":["post-669451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-halving","tag-bitcoin-mining","tag-bitcoin-price","tag-bitcoin-regulation","tag-cryptocurrencies","tag-mining","tag-business","tag-investments","tag-markets","tag-stocks","tag-united-states"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/669451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=669451"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/669451\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/669452"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=669451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=669451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=669451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}