Bitdeer Moves Infrastructure Updates From Monthly to Quarterly
Photo: TokenPost
Bitdeer Technologies Group plans to move its infrastructure updates from monthly to quarterly releases alongside financial results. The September update combined figures on Bitcoin production and mining capacity with measures of Bitdeer’s AI Cloud business. The company listed a pipeline of 333.5 megawatts of IT load, an AI Cloud revenue backlog of about $2.9 billion and an annualized revenue run rate of about $86 million as of Sept. 30. The backlog rose from $900 million in August and represents expected revenue under contracts, rather than revenue already earned. The run rate is a separate measure of the business.
Source: TokenPost
