Bitdeer Technologies (BTDR) Accumulated Expenses (2021 - 2026)
Bitdeer Technologies' (BTDR) quarterly Accumulated Expenses came in at $54.2 million in Q2 2026, up 38.15% on a YoY basis from $39.2 million in Q2 2025, and down 6.35% quarter-over-quarter from $57.9 million in Q1 2026.
Analysis
Bitdeer Technologies (BTDR) Accumulated Expenses (2021 - 2026) Analysis & Trends
Bitdeer Technologies (BTDR) has reported Accumulated Expenses for 6 consecutive years, with $54.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Accumulated Expenses rose 38.15% year-over-year to $54.2 million; the trailing twelve-month figure through Jun 2026 stood at $54.2 million (up 38.15% YoY), and the FY2025 full-year result was $55.0 million, up 35.32% from the prior year.
- Accumulated Expenses slipped to $54.2 million in Q2 2026 per BTDR's latest filing, from $57.9 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $57.9 million in Q1 2026 and bottomed at $22.2 million in Q4 2022.
- Historically, Accumulated Expenses has averaged $38.7 million across 5 years, with a median of $38.1 million in 2025.
- The sharpest annual moves came in 2024 and 2025: Accumulated Expenses surged 82.6% in 2024, then declined 6.44% in 2025.
- Over 5 years, Accumulated Expenses stood at $22.2 million in 2022, then soared by 37.51% to $30.5 million in 2023, then soared by 33.19% to $40.6 million in 2024, then jumped by 35.32% to $55.0 million in 2025, then declined by 1.43% to $54.2 million in 2026.
- According to Business Quant data, Accumulated Expenses over the past three periods registered $54.2 million, $57.9 million, and $55.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.87 Bn | 56.53 Bn | 40.81 Mn |
| 2 | Iren | 34.00 Bn | 26.43 Bn | 103.89 Mn |
| 3 | Hut 8 | 11.52 Bn | 5.04 Bn | 48.04 Mn |
| 4 | Riot Platforms | 8.24 Bn | 7.69 Bn | 84.97 Mn |
| 5 | Argo Blockchain | 6.43 Bn | 6.43 Bn | - |
| 6 | MARA Holdings | 4.32 Bn | 3.96 Bn | - |
| 7 | Cleanspark | 3.26 Bn | 3.05 Bn | - |
| 8 | Bitdeer Technologies | 2.92 Bn | 2.46 Bn | -8.53 Mn |
| 9 | Keel Infrastructure | 2.14 Bn | 2.13 Bn | -86.75 Mn |
| 10 | HIVE Digital Technologies | 853.00 Mn | 613.97 Mn | -29.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 54.18 Mn |
| Mar 31, 2026 | 57.85 Mn |
| Dec 31, 2025 | 54.96 Mn |
| Sep 30, 2025 | 50.25 Mn |
| Jun 30, 2025 | 39.22 Mn |
| Mar 31, 2025 | 38.10 Mn |
| Dec 31, 2024 | 40.62 Mn |
| Sep 30, 2024 | 34.80 Mn |
| Jun 30, 2024 | 33.57 Mn |
| Mar 31, 2024 | 40.72 Mn |
| Dec 31, 2023 | 30.50 Mn |
| Sep 30, 2023 | 30.64 Mn |
| Jun 30, 2023 | 29.91 Mn |
| Mar 31, 2023 | 22.30 Mn |
| Dec 31, 2022 | 22.18 Mn |
| Dec 31, 2021 | 17.26 Mn |