Bitdeer posts a net loss of $266 million in Q3, stock price plunges 20%
Jinse Finance reported that Nasdaq-listed bitcoin mining company Bitdeer saw its third-quarter revenue surge by 174%. However, due to a non-cash loss from the revaluation of convertible bonds, the company posted a quarterly loss of $266 million, causing its stock price to plummet by 20%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fireblocks is in talks to raise funds to buy back employee shares
Data: A total of 69,400 SOL were transferred into Fireblocks Custody, valued at approximately $4.34 million.
Data: 30 million USDT transferred into a certain exchange detected
Data: 2,740.34 ETH transferred out from Wintermute, routed through an intermediary and flowed into BitGo
