Bitdeer Technologies BTDR
NASDAQ BTDR
$12.38 +0.47 (+3.95%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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