Bitdeer TechnologiesBTDR
BTDR
About: Bitdeer Technologies Group is principally engaged in provision of digital asset mining services. The Company does not conduct any substantive operations on its own but conducts its primary operations through its subsidiaries. Its majority business segments are: proprietary mining, cloud hash rate sharing and cloud hosting. The company operates five proprietary mining datacenters in the United States and Norway, Bhutan and Singapore.
Employees: 246
0
Funds holding %
of 7,429 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
100% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 21
67% more capital invested
Capital invested by funds: $289M [Q1] → $483M (+$194M) [Q2]
37.44% more ownership
Funds ownership: 22.41% [Q1] → 59.85% (+37.44%) [Q2]
32% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 28
7% more funds holding
Funds holding: 102 [Q1] → 109 (+7) [Q2]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q1] → 2 (-1) [Q2]
41% less call options, than puts
Call options by funds: $47M | Put options by funds: $79.6M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$17
30%
upside
Avg. target
$19
45%
upside
High target
$23
75%
upside
6 analyst ratings
6 positive
100%
0 neutral
0%
0 negative
0%
Needham John Todaro | 30%upside $17 | Buy Reiterated | 19 Aug 2025 |
Rosenblatt Kevin Cassidy | 52%upside $20 | Buy Maintained | 19 Aug 2025 |
HC Wainwright & Co. Mike Colonnese | 45%upside $19 | Buy Maintained | 18 Aug 2025 |
B. Riley Securities Lucas Pipes | 30%upside $17 | Buy Maintained | 10 Jul 2025 |
Cantor Fitzgerald Brett Knoblauch | 75%upside $23 | Overweight Maintained | 10 Jul 2025 |
Financial journalist opinion
Based on 5 articles about BTDR published over the past 30 days
Positive
Seeking Alpha
5 days ago
Bitdeer: The Vertical Integration Thesis Is Validated By Q2's Record Revenue
Bitdeer's Q2 revenue was a record $155.6 million, marking a 57% year-over-year and 122% sequential increase, driven by external hardware sales. A key driver of top-line growth was $69.5 million in revenue from the external sale of proprietary SEALMINER A2 rigs, proving the vertical integration thesis is working. The headline net loss of $147.7 million was largely driven by non-cash, fair value changes on derivative liabilities, not a direct drain on core business operations.
Negative
Zacks Investment Research
1 week ago
Bitdeer Technologies Group (BTDR) Reports Q2 Loss, Tops Revenue Estimates
Bitdeer Technologies Group (BTDR) came out with a quarterly loss of $0.76 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to earnings of $0.03 per share a year ago.
Neutral
GlobeNewsWire
1 week ago
Bitdeer Reports Unaudited Financial Results for the Second Quarter of 2025
- Q2 revenue of $155.6 million up 56.8% year-over-year and 121.9% sequentially- $69.5 million revenue from external sale of SEALMINER A2s- On track to achieve 40 EH/s of self-mining by end of October and exceed 40 EH/s by year-end- Entered into advanced negotiations with a development partner regarding Clarington, Ohio site for HPC/AI.
Neutral
Benzinga
1 week ago
Bitdeer Technologies Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Bitdeer Technologies Group BTDR will release earnings results for the second quarter before the opening bell on Monday, Aug. 18.
Positive
Zacks Investment Research
3 weeks ago
Bitdeer Technologies Group (BTDR) Expected to Beat Earnings Estimates: Should You Buy?
BITDEER TEC GRP (BTDR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
GlobeNewsWire
1 month ago
Bitdeer Announces June 2025 Production and Operations Update
- Joined the Russell 2000® and 3000® Indexes as of June 30, 2025- SEALMINER A3 series almost ready for mass production- Increased self-mining hashrate by 21% to 16.5 EH/s on continued deployment of SEALMINERs
Neutral
GlobeNewsWire
1 month ago
Bitdeer AI Wins 2025 AI Breakthrough Award for MLOps Innovation
SINGAPORE, July 01, 2025 (GLOBE NEWSWIRE) -- Bitdeer AI, part of Bitdeer Technologies Group (NASDAQ: BTDR) and a fast-growing AI neocloud platform, is proud to announce that it has been presented with the MLOps Innovation Award by AI Breakthrough. The 2025 AI Breakthrough Awards, now in their eighth year, are presented by AI Breakthrough, a leading market intelligence organization that recognizes and celebrates the most outstanding companies, technologies, and products in the rapidly evolving artificial intelligence industry.
Negative
Market Watch
2 months ago
Bitdeer Technologies Shares Drop After Upsized Notes Placement
Bitdeer Technologies Group shares were 7% lower, at $11.85, after the company priced $330 million of 4.875% convertible senior notes due 2031 in a private placement.
Negative
Benzinga
2 months ago
Aurora Cannabis, Bitdeer Technologies Group And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures gaining more than 50 points on Wednesday.
Neutral
GlobeNewsWire
2 months ago
Bitdeer Announces Pricing of Upsized US$330.0 Million Convertible Senior Notes Offering
SINGAPORE, June 18, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for Bitcoin mining, today announced the pricing of US$330.0 million principal amount of 4.875% Convertible Senior Notes due 2031 (the “notes”) in a private placement (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company has also granted the initial purchasers of the notes an option to purchase, for settlement within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional US$45.0 million principal amount of the notes. The size of the offering was increased from the previously announced $300.0 million aggregate principal amount of notes. The sale of the notes is expected to close on June 23, 2025, subject to customary closing conditions.
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