Bitdeer Technologies is trading 4.1% up at $9.05 after renewed focus on its Q2 results and AI infrastructure growth.
- Revenue rose 47% year over year to $228.8 million; adjusted EBITDA increased 575%, and AI cloud revenue reached $14 million.
- The company highlighted a $4.7 billion Norway AI/HPC lease after rebounding from the August 10 selloff.
- The move appears primarily company-driven; firmer Bitcoin, Ethereum, and broader risk-on sentiment provide additional support. No separate August 12 announcement was identified.