Bitcoin Miner Bitdeer Stock Slumps Nearly 30% at Trading Debut

Bitdeer’s financial performance, as with other bitcoin miners, deteriorated in 2022, in part due to worsening market conditions. The firm reported revenue of $330.3 million and a loss of $62.4 million for 2022, compared with $394.7 million in revenue and a profit of $82.6 million the year before, according to the prospectus filing.

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