Bitdeer Stock Plummets Following Q3 Earnings Miss

Bitdeer’s stock price took a significant hit on the day following the release of its third-quarter earnings report, dropping by over 20%—marking the biggest single-day decline since February. The company reported a year-over-year revenue surge of over 173%, reaching $169.7 million. However, despite this positive growth, net loss widened to $266.7 million, or $1.28 per share, exceeding market expectations. This disappointing performance fueled investor anxiety about the company’s future.