Bitdeer shares drop 20% after posting $266M quarterly loss
Bitdeer’s revenue and Bitcoin production jumped in the third quarter amid a push into AI, but its shares slid after the company booked paper losses.
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Bitdeer’s revenue and Bitcoin production jumped in the third quarter amid a push into AI, but its shares slid after the company booked paper losses.
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Reports said that the AI infrastructure purchase would be valued at about $767 million as part of a stock deal, about three months after a planned acq...
The company posted $20.8 billion in client assets, a 48% increase in profit, and plans for a $150 million share buyback program.
Guidance from the Internal Revenue Service appeared to offer additional regulatory clarity for crypto staking through exchange-traded products.
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