Bitdeer Technologies (BTDR) Capital Expenditures (2023 - 2026)
Bitdeer Technologies' (BTDR) quarterly Capital Expenditures came in at -$266.0 million in Q2 2026, down 138.6% on a YoY basis from $689.1 million in Q2 2025, and down 228.6% quarter-over-quarter from $206.8 million in Q1 2026.
Analysis
Bitdeer Technologies (BTDR) Capital Expenditures (2023 - 2026) Analysis & Trends
Bitdeer Technologies (BTDR) has reported Capital Expenditures for 4 consecutive years, with -$266.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Capital Expenditures fell 138.6% year-over-year to -$266.0 million; the trailing twelve-month figure through Jun 2026 stood at -$140.1 million (up 30.72% YoY), and the FY2025 full-year result was -$232.2 million, down 94.37% from the prior year.
- Capital Expenditures slipped to -$266.0 million in Q2 2026 per BTDR's latest filing, from $206.8 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $206.8 million in Q1 2026 and bottomed at -$266.0 million in Q2 2026.
- Historically, Capital Expenditures has averaged -$34.2 million across 4 years, with a median of -$29.6 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Capital Expenditures slumped 543.17% in 2025, then soared 1239.07% in 2026.
- Over 4 years, Capital Expenditures stood at -$25.3 million in 2023, then sank by 68.29% to -$42.6 million in 2024, then gained by 18.82% to -$34.6 million in 2025, then sank by 668.81% to -$266.0 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered -$266.0 million, $206.8 million, and -$34.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.87 Bn | 56.53 Bn | 40.81 Mn | 2.15 Bn |
| 2 | Iren | 34.00 Bn | 26.43 Bn | 103.89 Mn | 1.33 Bn |
| 3 | Hut 8 | 11.52 Bn | 5.04 Bn | 48.04 Mn | 4.00 Mn |
| 4 | Riot Platforms | 8.24 Bn | 7.69 Bn | 84.97 Mn | 60.73 Mn |
| 5 | Argo Blockchain | 6.43 Bn | 6.43 Bn | - | - |
| 6 | MARA Holdings | 4.32 Bn | 3.96 Bn | - | 14.78 Mn |
| 7 | Cleanspark | 3.26 Bn | 3.05 Bn | - | 6.10 Mn |
| 8 | Bitdeer Technologies | 2.92 Bn | 2.46 Bn | -8.53 Mn | -265.99 Mn |
| 9 | Keel Infrastructure | 2.14 Bn | 2.13 Bn | -86.75 Mn | 43.09 Mn |
| 10 | HIVE Digital Technologies | 853.00 Mn | 613.97 Mn | -29.49 Mn | 14.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -265.99 Mn |
| Mar 31, 2026 | 206.84 Mn |
| Dec 31, 2025 | -34.60 Mn |
| Sep 30, 2025 | -46.33 Mn |
| Jun 30, 2025 | -111.48 Mn |
| Mar 31, 2025 | -18.16 Mn |
| Dec 31, 2024 | -42.62 Mn |
| Sep 30, 2024 | -29.92 Mn |
| Jun 30, 2024 | -17.33 Mn |
| Mar 31, 2024 | -29.62 Mn |
| Dec 31, 2023 | -25.32 Mn |
| Sep 30, 2023 | -13.37 Mn |
| Jun 30, 2023 | -17.17 Mn |