Bitdeer's Self-Mining Hashrate Soars 504% to 70 EH/s, Claims Top Spot in Bitcoin Compute
BTDR sits 77% above its 52-week low of $6.84.
Summary
Bitdeer Technologies Group announced a significant operational milestone, reaching 70 exahashes per second (EH/s) in its self-mining bitcoin operations, representing a 504% year-over-year increase. This achievement positions the company as the largest bitcoin miner by compute power. The firm also reported a 480% year-over-year increase in self-mined bitcoins for March 2026, totaling 661 BTC. Furthermore, Bitdeer's AI Cloud utilization surged to 94% from 64% last month, with its annual run rate reaching $43 million, up 105% month-over-month. These strong operational metrics highlight the company's rapid expansion and diversification into AI, indicating robust growth and competitive leadership in the crypto mining and high-performance computing sectors.
At the time of this announcement, BTDR was trading at $12.12 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $2.9B. The 52-week trading range was $6.84 to $27.80. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: The Block.