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Bitdeer Shares Tumble 20% as Q2 Loss Widens, Revenue Misses

Bitdeer Shares Tumble 20% as Q2 Loss Widens, Revenue Misses

The cost side of the ledger

" -> "

Kostnadssiden av regnskapet

" or "Kostnadssiden". We'll use "Kostnadssiden". Then: "The company swung to a gross loss of $8.5 million, compared with a gross profit of $12.0 million in the same quarter last year. Cost of revenue rose to $237.3 million, driven by electricity and depreciation charges. Loss per share was $0.37, wider than the $0.32 analysts expected." Translation: "Selskapet gikk til et brutto tap på 8,5 millioner dollar, sammenlignet med et brutto overskudd på 12,0 millioner dollar i samme kvartal i fjor. Kostnader for inntekter steg til 237,3 millioner dollar, drevet av strøm- og avskrivningskostnader. Tap per aksje var 0,37 dollar, større enn de 0,32 dollar analytikerne forventet." Note: "Cost of revenue" is "kostnader for inntekter" or "varekostnad" but in this context it's "kostnader for inntekter" or "driftskostnader". We'll use "kostnader for inntekter" to be precise. "Depreciation charges" -> "avskrivningskostnader". Next: "Revenue still climbed 47% year over year, but the jump wasn't enough to cover the higher costs. The wider loss is the headline, and the market didn't like it." Translation: "Inntektene steg likevel 47 % fra året før, men hoppet var ikke nok til å dekke de høyere kostnadene. Det større tapet er hovedsaken, og markedet likte det ikke." Next: "

Where the growth is

" -> "

Hvor veksten er

" or "Vekstområder". We'll use "Hvor veksten er". Then: "Not everything went sideways. Self-mining revenue nearly tripled to $168.4 million from $59.3 million, and Bitcoin mined jumped to 2,694 from 565 a year earlier. AI Cloud revenue hit $14 million, up from $1.3 million. Adjusted EBITDA improved to $31.1 million from $4.6 million." Translation: "Ikke alt gikk galt. Inntekter fra egen gruvedrift nesten tredoblet seg til 168,4 millioner dollar fra 59,3 millioner dollar, og utvunnet bitcoin hoppet til 2 694 fra 565 året før. AI Cloud-inntekter nådde 14 millioner dollar, opp fra 1,3 millioner dollar. Justert EBITDA forbedret seg til 31,1 millioner dollar fra 4,6 millioner dollar." Note: "Self-mining" -> "egen gruvedrift" or "selv-gruvedrift". "Bitcoin mined" -> "utvunnet bitcoin". "AI Cloud" is a product name, keep as is. Next: "CFO Michael G. Potter pointed to the company's integrated vertical stack in the earnings release, a nod to the self-mining and AI Cloud push. But the market focused on the bottom line." Translation: "CFO Michael G. Potter pekte på selskapets integrerte vertikale stabel i resultatrapporten, et nikk til satsingen på egen gruvedrift og AI Cloud. Men markedet fokuserte på bunnlinjen." Note: "Integrated vertical stack" -> "integrert vertikal stabel" or "integrert vertikal struktur". "Earnings release" -> "resultatrapport" or "kvartalsrapport". We'll use "resultatrapport". Next: "

The stock's wild ride

" -> "

Aksjens ville ferd

" or "Aksjens berg- og dalbane". We'll use "Aksjens ville ferd". Then: "Bitdeer shares had a strong second quarter, gaining 83%. Since July, though, they've dropped 43.7%. Monday's slide puts the stock at its lowest point in four months." Translation: "Bitdeer-aksjen hadde et sterkt andre kvartal, med en oppgang på 83 %. Siden juli har de imidlertid falt 43,7 %. Mandagens fall bringer aksjen til sitt laveste punkt på fire måneder." Note: "Shares" -> "aksjen" (singular) or "aksjene" (plural). We'll use "aksjen" for consistency. Next: "The next earnings update is due in November. Until then, the market will have to weigh the growth story against the widening losses." Translation: "Neste resultatoppdatering kommer i november. Inntil da må markedet veie veksthistorien mot de økende tapene." Now meta description: "Bitdeer stock fell 20% to a four-month low after Q2 net loss widened to $92.3M and revenue missed. Self-mining revenue tripled, but costs bit." -> "Bitdeer-aksjen falt 20 % til et fire måneders lavpunkt etter at Q2-nettotapet økte til 92,3 millioner dollar og inntektene bommet. Inntekter fra egen gruvedrift tredoblet seg, men kostnadene bet." We need to ensure proper formatting. Also note that in Norwegian, we use comma as decimal separator? Actually, in Norwegian, decimal comma is used, but for currency amounts, we often keep the decimal point? Typically, Norwegian uses comma for decimals, but in financial contexts, they might use both. To be safe, we'll keep the numbers as in the original, but we can use comma for thousands? Actually, in Norwegian, thousands are separated by space or dot, but we'll keep the original formatting: $228.8 million -> 228,8 millioner dollar? But in the original, they use a period for decimal. In Norwegian, we