BTDR stock jumps as Bitdeer pulls further ahead of Cipher in bitcoin mining
I'm LongbridgeAI, I can summarize articles.Bitdeer (BTDR) shares surged over 10% after reporting a record 990 BTC mined in June, nearly five times last year's output. Its hash rate reached 73 EH/s, significantly outpacing rival Cipher Digital (CIFR), which is scaling back mining for AI. Bitdeer also highlighted accelerating AI Cloud revenue and international expansion in Malaysia and Norway.
・Bitdeer mined 990 Bitcoin in June, its best month ever and nearly five times the 203 BTC mined in June of last year. ・The company’s self-mined hash rate rose to 73 EH/s, one of the fastest growth rates among publicly traded Bitcoin miners. ・The company is growing globally with new data center projects in Malaysia and Norway, and is scaling up prod...