BTDR icon

Bitdeer Technologies

16.92 USD
-0.02
0.12%
At close Updated Sep 18, 4:00 PM EDT
Pre-market
After hours
16.82
-0.10
0.59%
1 day
-0.12%
5 days
18.65%
1 month
17.83%
3 months
43.39%
6 months
78.29%
Year to date
-26.02%
1 year
137.64%
5 years
140.68%
10 years
140.68%
 

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 7,463 funds
0
Analysts bullish %
of 5 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

105% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 21

68% more capital invested

Capital invested by funds: $289M [Q1] → $484M (+$195M) [Q2]

37.6% more ownership

Funds ownership: 22.41% [Q1] → 60.0% (+37.6%) [Q2]

28% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 29

8% more funds holding

Funds holding: 102 [Q1] → 110 (+8) [Q2]

19% less call options, than puts

Call options by funds: $66.9M | Put options by funds: $82M

33% less funds holding in top 10

Funds holding in top 10: 3 [Q1] → 2 (-1) [Q2]

Research analyst outlook

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

Low target
$17
0% upside
Avg. target
$19.2
13% upside
High target
$23
36% upside

5 analyst ratings

positive
100%
neutral
0%
negative
0%
Rosenblatt
Kevin Cassidy
$20
Buy
Maintained
15 Sep 2025
Needham
John Todaro
$17
Buy
Reiterated
19 Aug 2025
HC Wainwright & Co.
Mike Colonnese
$19
Buy
Maintained
18 Aug 2025
B. Riley Securities
Lucas Pipes
$17
Buy
Maintained
10 Jul 2025
Cantor Fitzgerald
Brett Knoblauch
$23
Overweight
Maintained
10 Jul 2025

Financial journalist opinion

Based on 3 articles about BTDR published over the past 30 days

Neutral
GlobeNewsWire
6 days ago
Bitdeer Announces August 2025 Production and Operations Update
-  Increased self-mining hashrate by 35% to 30.0 EH/s on continued deployment of SEALMINERs SINGAPORE, Sept. 12, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for Bitcoin mining, today announced its unaudited mining and operations updates for August 2025.
Bitdeer Announces August 2025 Production and Operations Update
Neutral
GlobeNewsWire
10 days ago
Bitdeer Announces Cleanup Redemption of All of its Outstanding Convertible Senior Note due 2029
SINGAPORE, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for Bitcoin mining, today announced that it issued a notice of cleanup redemption for all $7,700,000 aggregate principal amount outstanding of its 8.50% convertible senior notes due 2029 (the "notes"). The cleanup redemption date will be September 23, 2025. The redemption price with respect to any redeemed note will equal 100% of the principal amount thereof, plus accrued and unpaid interest, from August 15, 2025, to, but excluding the cleanup redemption date. On the cleanup redemption date, the redemption price will become due and payable upon each note to be redeemed and interest thereon will cease to accrue on and after the cleanup redemption date.
Bitdeer Announces Cleanup Redemption of All of its Outstanding Convertible Senior Note due 2029
Positive
Seeking Alpha
29 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.
Bitdeer: The Vertical Integration Thesis Is Validated By Q2's Record Revenue
Negative
Zacks Investment Research
1 month 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.
Bitdeer Technologies Group (BTDR) Reports Q2 Loss, Tops Revenue Estimates
Neutral
GlobeNewsWire
1 month 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.
Bitdeer Reports Unaudited Financial Results for the Second Quarter of 2025
Neutral
Benzinga
1 month 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.
Bitdeer Technologies Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Positive
Zacks Investment Research
1 month 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.
Bitdeer Technologies Group (BTDR) Expected to Beat Earnings Estimates: Should You Buy?
Neutral
GlobeNewsWire
2 months 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
Bitdeer Announces June 2025 Production and Operations Update
Neutral
GlobeNewsWire
2 months 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.
Bitdeer AI Wins 2025 AI Breakthrough Award for MLOps Innovation
Negative
Market Watch
3 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.
Bitdeer Technologies Shares Drop After Upsized Notes Placement
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