Bitdeer mines 203 BTC in June as hashrate climbs 21% to 16.5 EH/s

Jul 09, 2025

Bitdeer (BTDR) produced 203 BTC in June 2025, up 4% from May, as its self-mining hashrate surged 21% to 16.5 EH/s. In June, the company also joined the Russell 2000 and Russell 3000 indices and closed an oversubscribed $375 million convertible senior notes offering. 

Bitdeer energized 3.9 EH/s of its SEALMINER A1 units, manufactured 14.9 EH/s of A2 rigs–including 1.1 EH/s in final assembly–and shipped 5.3 EH/s to external customers.

Singapore-based firm deployed 4.6 EH/s across its Texas, Norway, and Bhutan sites. 

The SEALMINER A3 series is in the final stages of preparation for mass production, with machine-level tests meeting expectations, while the next-generation A4 chip is on track to reach efficiencies of around 5 J/TH, the company claims.

Having raised $375 million through its 4.875% convertible notes due 2031 in an oversubscribed private placement, Bitdeer has further bolstered its balance sheet to fund chip development and facility expansions. 

Read More: Bitdeer closes additional $45 million in convertible senior notes 

On the power front, Bitdeer now operates 1,098 MW of electrical capacity–including Rockdale, Texas (563 MW), Tydal, Norway (120 MW), Jigmeling, Bhutan (132 MW) and other global sites. The company now has 1,592 MW in its development pipeline across North America, Europe, and Asia. 

At time of publication, BTDR traded up 1.3% during pre-market hours.

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