Bitdeer Technologies Group

Good day. Thank you for standing by. Welcome to Deer's Second Quarter 2026 Earnings Conference Call. At this time, all participants are on a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising that your hand is raised. Please be advised that today's conference is being recorded. I would now like to turn the conference over to our first speaker today, and Tess Dyer, Head of Investillations. Please go ahead.

Thank you, operator, and good morning, everyone.

Welcome to Bid Your Technology Group's second quarter 2026 earnings conference call. Joining me today are Jihan Wu, Founder Chairman and Chief Executive Officer, Haris Basit, Chief Strategy Officer, and Michael Potter, Chief Financial Officer. Today's call will begin with Haris providing a review of our recently announced Tito Norway co-location lease agreement, followed by Michael with a review of our business segments and second quarter financial results. Before management begins their formal remarks, I would like to remind everyone that during today's call, we may make certain forward-looking statements. These statements are based on management's current expectations and are subject to risks and uncertainties, which may cause actual results and many more. I also want to note that we will be discussing certain non-GAAP financial measures and operating metrics today. A reconciliation of these measures to the most directly comparable GAAP measures is included in our earnings release issued earlier today. These non-GAAP measures should not be considered in isolation from or as a substitute for the most directly comparable measures prepared in accordance with GAAP. As a reminder, changes to the fair value of our digital assets are reflected in GAAP net income and may introduce non-cash volatility into our reported results.