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News Explorer — Bitdeer Stock Slides on $266M Q3 Loss

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Nov 10, 11:57 pm
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Bitdeer Stock Slides on $266M Q3 Loss

Bitdeer Technology Group (NASDAQ: BTDR) reported a net loss of $266.7 million for Q3, a 422% decline from the previous year, causing its stock to close down 20% on Monday. Despite this, the company nearly tripled its revenue to $169.7 million, surpassing Zacks' forecast.

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