Bitdeer, a Bitcoin cloud mining company, reported Q4 revenue of $225 million, tripling from $69 million a year ago. The company also achieved a net income of $70.5 million, reversing a $531.9 million loss in Q4 of the previous year. This success is driven by expanded proprietary Bitcoin mining, with BTC mined increasing nearly fourfold to 1,673 coins in the quarter.
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Bitdeer Posts Triple Q4 Revenue and Returns to Profitability with Bitcoin Mining Growth
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