<ul><li>Bitcoin mining company Bitdeer reported a net income of $409.5 million in Q1 2025, despite a decline in revenue and gross profit.</li><li>Key financial metrics for Q1 2025 showed a decrease in revenue to $70.1 million and a gross profit of -$3.2 million, but a significant increase in net income to $409.5 million.</li><li>Bitdeer highlighted progress on its next-generation SEALMINER series, aiming to reach 40 EH/s by October 2025.</li><li>The company is also expanding its power capacity, with projections to reach 1.8 GW by year-end 2025, and focusing on HPC and AI data center strategy for future growth.</li></ul>

Bitcoin Mining Company Bitdeer Posts $409M Net Income in Q1 2025 Despite Revenue Decline

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