Bit Deer Q1 total revenue is 72.6 million USD, with a net loss of 9.5 million USD

ChainCatcher news, Bitdeer, a mining company under Wu Jihan, released its financial report for the first quarter of 2023, with total revenue of $72.6 million, a decrease of 19.7% compared to $90.4 million in the same period of 2022, and a net loss of $9.5 million. The adjusted profit for the first quarter of 2023 was $2.8 million, with a total management hash rate of 18.3 EH/s, of which proprietary hash rate increased from 4.1 EH/s on December 31, 2022, to 5.7 EH/s on March 31, 2023 (self-mining business accounted for 3.9 EH/s, cloud hash rate business accounted for 1.8 EH/s), and the hosted hash rate was 12.6 EH/s. The self-mining business mined 552 bitcoins in the first quarter of 2023. (Source link)