How did Bitdeer's revenue and expenses shift in Q4 2024 compared to previous quarters?

Bitdeer's revenue for Q4 2024 was $69.02 million, which is a decrease from the previous quarter's revenue of $99.23 million in Q3 2024 and $119.51 million in Q2 2024. However, there are no available data on Bitdeer's expenses for Q4 2024 compared to previous quarters.

1. **Revenue Decline**: The decrease in revenue from Q3 to Q4 may indicate a contraction in Bitdeer's mining operations or efficiency, or it could be due to external factors such as market fluctuations or energy costs. Without the expenses data, it's not possible to definitively state the cause of the revenue decline.
2. **Comparison with Previous Quarters**: To fully understand the financial shifts, it would be necessary to compare both revenue and expenses across all relevant quarters. This would provide a comprehensive view of Bitdeer's financial health and any trends over time.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|BTDR|BTDR.O|Bitdeer|2023 Q4|48.88062120014|1.14848E8|186|
|BTDR|BTDR.O|Bitdeer|2024 Q1|64.63829611362915|1.19506E8|186|
|BTDR|BTDR.O|Bitdeer|2024 Q2|5.769804724140871|9.9229E7|186|
|BTDR|BTDR.O|Bitdeer|2024 Q3|-28.949749722231765|6.2029E7|186|