Bitdeer Technologies (NasdaqCM:BTDR) Q3 2025 Earnings Call November 10, 2025 08:00 AM ET Company ParticipantsJeff LaBerge - VP of Capital Markets and StrategyYujia Zhai - Head of Investor RelationsHaris Basit - Chief Strategy OfficerChris Myers - Equity Research AssociateConference Call ParticipantsJohn Todaro - AnalystMike Grondahl - AnalystGreg Lewis - AnalystBrian Kinstlinger - AnalystNick Giles - AnalystDylan Heslin - AnalystBill Papanastasiou - AnalystMike Colonnese - AnalystOperatorThank you for stand ...

Bitdeer Technologies (NasdaqCM:BTDR) Q3 2025 Earnings Call November 10, 2025 08:00 AM ET Company ParticipantsJeff LaBerge - VP of Capital Markets and StrategyYujia Zhai - Head of Investor RelationsHaris Basit - Chief Strategy OfficerChris Myers - Equity Research AssociateConference Call ParticipantsJohn Todaro - AnalystMike Grondahl - AnalystGreg Lewis - AnalystBrian Kinstlinger - AnalystNick Giles - AnalystDylan Heslin - AnalystBill Papanastasiou - AnalystMike Colonnese - AnalystOperatorThank you for stand ...

Bitdeer Technologies (NasdaqCM:BTDR) Q3 2025 Earnings Call November 10, 2025 08:00 AM ET Speaker1Thank you for standing by, and welcome to Bitdeer's Third Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press Star 11 on your telephone. To remove yourself from the queue, you may press Star 11 again. I would now like to hand the ca ...

- $169.7 million revenue, up 173.6% year-over-year- $43.0 million adjusted EBITDA, up from negative $7.9 million last year- Expanding and accelerating AI strategy across multiple initiatives- Achieved 41.2 EH/s of self-mining at the end of October, 2025- Commenced SEALMINER A3 mass production- Early SEAL04 samples have demonstrated 6-7 J/TH power efficiency at the chip level under low-voltage, ultra-power saving mode SINGAPORE, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bi ...

Core Insights - Bitdeer Technologies Group reported an increase in self-mining hashrate to 41.2 EH/s, surpassing its target of 40 EH/s, driven by the deployment of SEALMINER mining rigs [1][4][6] - The company mined 511 Bitcoins in October 2025, reflecting a 13% increase from September 2025 [4][7] - Bitdeer achieved an annual recurring revenue (ARR) of US$8 million from its AI cloud services, supported by strong customer demand for NVIDIA B200 systems [5][6] Mining Operations - The total proprietary hash rate deployed reached 41.3 EH/s in October 2025, up from 35.0 EH/s in September 2025 [2][7] - The company has 254,000 mining rigs under management, with 166,000 self-owned and 88,000 hosted [7] - The total hash rate under management increased to 55.5 EH/s, compared to 49.2 EH/s in September 2025 [7] SEALMINER Development - The SEALMINER A3 and A2 models are in final assembly, with the A3 model achieving a hashrate of 0.3 EH/s and the A2 model at 2.6 EH/s [2] - The first SEAL04 chip demonstrated power efficiency of approximately 6-7 J/TH, with mass production targeted for Q1 2026 [5][6] Infrastructure Updates - The company has completed construction of several data centers, including a 175 MW site in Tydal, Norway, and a 50 MW site in Oromia, Ethiopia, with 40 MW already energized [10][15] - Ongoing projects include a 221 MW site in Massillon, Ohio, expected to be fully energized by Q1 2026 [13][15] - The total global electrical capacity across all sites is 2,992 MW, with additional pipeline capacity of 1,381 MW [12][14] AI Cloud Services - Bitdeer deployed 584 GPUs with an 87% utilization rate, indicating strong demand for its AI cloud services [5][6] - The company is expanding its GPU infrastructure and has placed orders for NVIDIA's next-generation systems, expected to be delivered in December 2025 [5][6]

Core Insights - HIVE Digital Technologies is undergoing a strategic transformation of its digital infrastructure assets, converting its Bitcoin mining data centers into AI supercomputing campuses, starting in Grand Falls, New Brunswick [1][7]. Company Expansion - HIVE is expanding its operations with a GPU-powered partnership with Bell Canada in Manitoba and additional developments in Sweden and Toronto [2][10]. - The company plans to deploy over 25,000 next-generation GPUs to meet the rising demand for AI compute capacity, with projected revenues between $1.3 billion and $1.5 billion once fully operational [2][9]. Mining Operations - HIVE has achieved a mining capacity of 23 exahashes per second (EH/s) while maintaining strong margins of 50% despite industry challenges [3][11]. - The company is targeting an additional growth of 10 EH/s through a 100MW expansion in Paraguay [3][11]. Infrastructure Development - The transformation from Tier 1 to Tier 3 data centers can be expedited from three years to just nine months due to existing infrastructure, such as substations [6][7]. - HIVE is acquiring more real estate around its existing infrastructure to form a campus of several data centers for conversion into Tier 3 [7]. Market Demand - The demand for AI compute capacity is primarily driven by the U.S., with significant corporate interest in open chat platforms and large language models [8][9]. - HIVE's partnership with Bell Canada will enhance its position as the largest GPU operator in Canada, with significant ongoing transformations in its existing 70MW operations [9]. Future Growth - HIVE is positioned for substantial growth, with plans to redeploy cash flow from mining operations into further expansion [11]. - The company is optimistic about converting more Bitcoin Tier 1 data centers into high-performance computing (HPC) facilities in various countries, including Paraguay [11].

American Bitcoin (ABTC), the Nasdaq-listed Bitcoin treasury and mining firm backed by Eric Trump and Donald Trump Jr., has grown its Bitcoin holdings to 4,004 BTC (valued at roughly $415 million), according to a company announcement released Friday. Key Takeaways: American Bitcoin (ABTC), backed by Eric and Donald Trump Jr., has expanded its holdings to 4,004 BTC worth $415 million. The company’s dual strategy of Bitcoin mining and at-market purchases drove a 2% rise in its share price. ABTC mirrors ...

American Bitcoin (ABTC), the Nasdaq traded Bitcoin treasury and mining company backed by Eric Trump and Donald Trump Jr., has brought its holdings to 4,004 BTC now worth about $415 million, the company announced on Friday.  The firm said that between October 24 and November 5, ABTC had snapped up 139 Bitcoins now worth more than $14 million between October 24 and November 5. American Bitcoin is the 25th largest Bitcoin treasury, according to bitcointreasuries.net data.  "We continue to expand our Bitcoin ho ...

Core Insights - Mawson Infrastructure Group Inc. has extended the lease for its mining facility in Bellefonte, PA, for an additional five years, now set to end on December 31, 2030, indicating a commitment to ongoing operations and potential growth at the site [1][2]. Company Overview - Mawson is a U.S.-based technology company focused on designing, building, and operating next-generation digital infrastructure platforms that cater to sectors such as artificial intelligence (AI), high-performance computing (HPC), and digital assets, including Bitcoin mining [3]. - The company operates both self-mining and colocation/hosting services for enterprise customers, utilizing a vertically integrated infrastructure model aimed at scalability and efficiency [3]. Strategic Focus - A key aspect of Mawson's strategy is the use of carbon-free energy resources, including nuclear power, to ensure environmentally sustainable operations while supporting the growth of the digital economy [4]. - Mawson currently has 129 megawatts of capacity online, with additional capacity under development, positioning itself as a competitive provider of carbon-aware digital infrastructure solutions [4].

The Singapore-based bitcoin mining rig producer Canaan (Nasdaq: CAN) closed a $72 million direct offering Friday with institutional investors from Brevan Howard, Galaxy Digital, and Weiss Asset Management. The mining rig company sold 63.66 million ADSs, each representing 15 Class A ordinary shares, at a price of $1.131 per ADS. The offering was announced on Nov. 4, 2025. Canaan said it intends to use the proceeds to fund the acquisition and development of data center sites and facilities in North America ...