Bitdeer, a company that helps create Bitcoin, had a really bad quarter! They lost a lot of money – $531.9 million! That's much more than last year. This is because they're investing in new technology to make Bitcoin mining faster. But they still have lots of money left in the bank.
- Bitdeer lost a lot of money making Bitcoin.
- They are working on new ways to make Bitcoin mining better.
- The price of Bitcoin went up, but Bitdeer still lost money.
| Fact | Number |
|---|---|
| Bitdeer's loss this quarter | $531.9 million |
| Bitdeer's cash | $476.3 million |
| Bitcoin price (at one point) | Over $100,000 |
| Bitdeer's Stock Price (Today) | $9.10 |
