Bitdeer Technologies Group (BTDR) revenue breakdown
By product, Self-mining is the largest at 64% of fiscal 2025 revenue; Sale of mining rigs and accessories grew fastest, 47% a year over 5 years.
By region, United States is the largest at 40% of fiscal 2025 revenue; Bhutan grew fastest, 146% a year over 2 years.
Revenue by product
Fiscal years, as Bitdeer Technologies Group reports them in its 10-K filings; fiscal 2025 total $620M.
| Products | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|
| Self-mining | $88M | $192M | $62M | $112M | $163M | $396M | 64% |
| Sale of mining rigs and accessories | $16M | $46M | $705,000 | $2,000 | $585,000 | $108M | 17% |
| Membership hosting | — | — | $26M | $80M | $64M | $61M | 10% |
| General hosting | — | $18M | $99M | $97M | $68M | $35M | 6% |
| Others | $833,000 | $7M | $11M | $9M | $10M | $11M | 2% |
| AI cloud services | — | — | — | $1,000 | $3M | $7M | 1% |
| Electricity subscription [ | $45M | $35M | $40M | $27M | $12M | $1M | 0% |
| Hash rate subscription | $31M | $54M | $78M | $40M | $27M | $845,000 | 0% |
| Cloud hosting arrangements | $3M | $8M | $13M | $3M | $1M | $70,000 | 0% |
| Additional consideration from Cloud Hash Rate arrangements under acceleration mode | $2M | $35M | $4M | $172,000 | $229,000 | — | — |
Revenue by region
Fiscal years, as Bitdeer Technologies Group reports them in its 10-K filings; fiscal 2025 total $620M.
| Regions | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|
| United States | — | — | $259M | $282M | $200M | $248M | 40% |
| Bhutan | — | — | — | $33M | $75M | $202M | 33% |
| Norway | — | — | $54M | $45M | $62M | $99M | 16% |
| Finland | — | — | — | — | — | $27M | 4% |
| Others | — | — | — | — | — | $18M | 3% |
| Singapore | $91M | $80M | $20M | $8M | $12M | $17M | 3% |
| Ethiopia | — | — | — | — | — | $10M | 2% |
| Asia excluding Singapore | $57M | $212M | — | — | — | — | — |
| North America | $24M | $76M | — | — | — | — | — |
| Europe | $8M | $15M | — | — | — | — | — |
| Others | $7M | $12M | — | — | — | — | — |
Questions
Where does Bitdeer Technologies Group make its money?
In fiscal 2025, by product: Self-mining $396M, Sale of mining rigs and accessories $108M, Membership hosting $61M, General hosting $35M, Others $11M.
From Bitdeer Technologies Group's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.