SINGAPORE, Could 16, 2023 (GLOBE NEWSWIRE) — Bitdeer Applied sciences Group (NASDAQ: BTDR) (“Bitdeer” or the “Firm”), a world-leading expertise firm for the cryptocurrency mining group, as we speak introduced its unaudited monetary outcomes for the primary quarter ended March 31, 2023.
Linghui Kong, Chief Government Officer of Bitdeer, commented, “We continued to ship sturdy efficiency and maintained a ample money circulation throughout the first quarter, regardless of macroeconomic and crypto-market headwinds. Whereas we recorded a internet lack of $9.5 million, our non-IFRS adjusted revenue was $2.8 million and non-IFRS adjusted EBITDA was $18.5 million. On the operational degree, we proactively optimized our value base by locking up a aggressive value for 150MW electrical energy capability in our Rockdale mining datacenter successfully till the top of 2023. Furthermore, we additional invested in our future progress by increasing our fleet of mining machines and growing our proprietary hash charge from 4.1 EH/s as of December 31, 2022 to five.7 EH/s as of March 31, 2023.”
“Wanting forward, we’re excited to accomplice with Druk Holding & Investments to collectively develop a carbon-free digital asset mining datacenter within the Kingdom of Bhutan. This collaboration additional expands our international footprint and enhances our present datacenters in Northern Europe and North America. In preparation for the partnership launch in Could 2023, now we have ordered 30,000 new mining machines to be deployed onsite, thus laying a stable basis for the venture’s success.”
The vast majority of the Firm’s income is derived from its three distinct enterprise traces: