The company disclosed in its earnings report published on Aug. 11 that the losses were largely attributed to a $33.2 million listing fee paid to Blue Safari relating to Bitdeer’s listing on the Nasdaq exchange. The firm’s revenue increased by 5.2% to $93.8 million. The same day, Bitdeer’s stock was up over 40% on news of a $150 million share purchase agreement with B. Riley Financial. The company’s current market capitalization stands at $1.5 billion.
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Source: Cryptocurrency - investing.com
