NasdaqCM:BTDRSoftware
Bitdeer Technologies Group (NasdaqCM:BTDR): Assessing Valuation After Higher Sales But Deepening Losses
If you have been watching Bitdeer Technologies Group (NasdaqCM:BTDR), the company’s latest earnings results are hard to ignore. Bitdeer posted a sharp jump in quarterly sales, climbing to $155.6 million from $99.2 million a year earlier. Despite that top-line growth, however, the bottom line told a different story, with net losses rising to $147.7 million from just $17.7 million in the same quarter last year. For investors, this split between stronger revenue and deeper losses raises new...