BTDR icon

Bitdeer Technologies

16.50 USD
-0.08
0.48%
At close Feb 14, 4:00 PM EST
After hours
16.47
-0.03
0.18%
1 day
-0.48%
5 days
-1.32%
1 month
-13.34%
3 months
53.63%
6 months
113.45%
Year to date
-27.85%
1 year
88.57%
5 years
134.71%
10 years
134.71%
 

About: Bitdeer Technologies Group is principally engaged in provision of digital asset mining services. 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.

Employees: 211

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 7 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

253% more call options, than puts

Call options by funds: $44.2M | Put options by funds: $12.5M

100% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 21

32% more funds holding

Funds holding: 62 [Q2] → 82 (+20) [Q3]

24% more capital invested

Capital invested by funds: $94.8M [Q2] → $117M (+$22.5M) [Q3]

2.36% more ownership

Funds ownership: 13.72% [Q2] → 16.08% (+2.36%) [Q3]

6% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 16

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$18
9%
upside
Avg. target
$25
52%
upside
High target
$30
82%
upside

7 analyst ratings

positive
100%
neutral
0%
negative
0%
Rosenblatt
Kevin Cassidy
46% 1-year accuracy
26 / 57 met price target
82%upside
$30
Buy
Maintained
5 Feb 2025
Needham
John Todaro
70% 1-year accuracy
49 / 70 met price target
33%upside
$22
Buy
Reiterated
17 Jan 2025
Northland Capital Markets
Mike Grondahl
55% 1-year accuracy
24 / 44 met price target
45%upside
$24
Outperform
Maintained
10 Jan 2025
B. Riley Securities
Lucas Pipes
54% 1-year accuracy
56 / 104 met price target
45%upside
$24
Buy
Maintained
19 Dec 2024
Roth MKM
Darren Aftahi
48% 1-year accuracy
13 / 27 met price target
76%upside
$29
Buy
Maintained
17 Dec 2024

Financial journalist opinion

Based on 4 articles about BTDR published over the past 30 days

Neutral
GlobeNewsWire
5 days ago
Bitdeer Announces January 2025 Production and Operations Update
- First trial batch of SEALMINER A2 air cooled rigs have been delivered to our datacenters and are running smoothly. - Completed acquisition of 101 MW site and gas-fired power plant project in Alberta to deliver the industry's first fully vertically-integrated Bitcoin mining site.
Bitdeer Announces January 2025 Production and Operations Update
Neutral
GlobeNewsWire
6 days ago
Bitdeer Announces Fourth Quarter and Full Year 2024 Earnings Conference Call for February 25, 2025
SINGAPORE, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced that it has scheduled its fourth quarter and full year 2024 earnings conference call and webcast for Tuesday, February 25, 2025 at 8:00 AM EST. During the call, Bitdeer management will discuss the preliminary and unaudited financial and operational results for the quarter and year ended December 31, 2024, followed by a question-and-answer session.
Bitdeer Announces Fourth Quarter and Full Year 2024 Earnings Conference Call for February 25, 2025
Neutral
GlobeNewsWire
1 week ago
Bitdeer Announces Strategic Acquisition of 101 MW Site and Gas-fired Power Project in Alberta to Deliver the Industry's First Fully-Vertically Integrated Bitcoin Mining Site
SINGAPORE, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced the successful close of the acquisition of a fully licensed and permitted 101 MW site and gas-fired power project situated on 19 acres of land near Fox Creek, Alberta in an all-cash transaction for $21.7 million. The site has potential to scale to 1 GW of power, reflecting Alberta's abundant energy resources, supportive regulatory posture and pro-business environment.
Bitdeer Announces Strategic Acquisition of 101 MW Site and Gas-fired Power Project in Alberta to Deliver the Industry's First Fully-Vertically Integrated Bitcoin Mining Site
Neutral
CNBC Television
2 weeks ago
Bitcoin miners try to rebound from choppy market
CNBC's Tanaya Macheel joins 'Closing Bell' to discuss the mixed recovery for bitcoin miners.
Bitcoin miners try to rebound from choppy market
Neutral
GlobeNewsWire
1 month ago
Bitdeer Introducing ReMine: A New Feature for Transferring Idle Mining Machine Orders and Related Rights and Benefits
New York, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Bitdeer launches its new feature, "ReMine," which offers a transparent transfer market for Bitdeer mining machine buyers and sellers. "ReMine" uses a peer-to-peer model crafted to meet users' needs for purchasing and transferring mining machines and related rights and benefits provided by Bitdeer. It enables flexible transfer of SEALMINER orders, SEALMINER priority purchase rights, and relevant rights and benefits. ReMine aims to provide users with a quick and hassle-free platform so that users can focus on what really matters: maximizing their mining potential.
Bitdeer Introducing ReMine: A New Feature for Transferring Idle Mining Machine Orders and Related Rights and Benefits
Positive
Benzinga
1 month ago
Bitdeer Growth Fueled By Strong Machine Sales, Efficient ASICs, Diversified Revenue, And High-Performance Computing Potential: Analyst
Needham analyst John Todaro maintained Bitdeer Technologies BTDR with a Buy and raised the price target from $14 to $22.
Bitdeer Growth Fueled By Strong Machine Sales, Efficient ASICs, Diversified Revenue, And High-Performance Computing Potential: Analyst
Positive
Investors Business Daily
1 month ago
Bitcoin Set For 'Significant Bull Market,' Analyst Targets $225,000
Bitcoin and cryptocurrency miners are set for a major bull market after notching a record year for 2024, H.C. Wainwright writes.
Bitcoin Set For 'Significant Bull Market,' Analyst Targets $225,000
Negative
Benzinga
2 months ago
Top 3 Tech Stocks That May Collapse This Quarter
As of Dec. 13, 2024, three stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Top 3 Tech Stocks That May Collapse This Quarter
Positive
Investors Business Daily
2 months ago
Bitcoin Powers Past $100K; Crypto Stocks Rally, Analysts React
Bitcoin price finally topped $100,000 on the back of Donald Trump's SEC nominee, Fed Chair Jerome Powell comments. Cryptos rally.
Bitcoin Powers Past $100K; Crypto Stocks Rally, Analysts React
Neutral
GlobeNewsWire
2 months ago
Bitdeer Announces Pricing of US$360.0 Million Convertible Senior Notes Offering
SINGAPORE, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced the pricing of US$360.0 million principal amount of 5.25% Convertible Senior Notes due 2029 (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, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional US$40.0 million principal amount of the notes. The sale of the notes is expected to close on November 26, 2024, subject to customary closing conditions.
Bitdeer Announces Pricing of US$360.0 Million Convertible Senior Notes Offering
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