Bitdeer mines 3,855 BTC in Q3 as AI cloud backlog hits $2.9B
- —Mined 1,190 BTC in July, 1,310 in August and 1,355 in September
- —Self-mining hashrate reached 82.3 EH/s; total proprietary 86.4 EH/s
- —AI cloud backlog of $2.9B versus about $86M in current ARR
- —StoneX sees $305M revenue and $83M adjusted EBITDA, target $22
Why it matters: Investors still value Bitdeer mainly as a miner, while most contracted AI revenue depends on facilities due in 2027–2028.
Source: The Crypto Times