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 7,312 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
137% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 19
5% more call options, than puts
Call options by funds: $67.5M | Put options by funds: $64.2M
10.39% less ownership
Funds ownership: 32.8% [Q4 2024] → 22.41% (-10.39%) [Q1 2025]
15% less funds holding
Funds holding: 120 [Q4 2024] → 102 (-18) [Q1 2025]
31% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 45
50% less funds holding in top 10
Funds holding in top 10: 6 [Q4 2024] → 3 (-3) [Q1 2025]
55% less capital invested
Capital invested by funds: $650M [Q4 2024] → $289M (-$360M) [Q1 2025]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$17
28%
upside
Avg. target
$19.83
50%
upside
High target
$24
81%
upside
6 analyst ratings
6 positive
100%
0 neutral
0%
0 negative
0%
B. Riley Securities Lucas Pipes | 28%upside $17 | Buy Maintained | 10 Jul 2025 |
Cantor Fitzgerald Brett Knoblauch | 74%upside $23 | Overweight Maintained | 10 Jul 2025 |
Rosenblatt Kevin Cassidy | 51%upside $20 | Buy Maintained | 16 Jun 2025 |
B. Riley Securities Nick Giles | 36%upside $18 | Buy Maintained | 28 May 2025 |
Needham John Todaro | 28%upside $17 | Buy Maintained | 16 May 2025 |
Financial journalist opinion
Based on 8 articles about BTDR published over the past 30 days
Neutral
GlobeNewsWire
2 days 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 week 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
3 weeks 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
3 weeks 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
3 weeks 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.
Neutral
Market Watch
3 weeks ago
Stocks to Watch: Biomea Fusion, Bitdeer Technologies
Biomea Fusion commenced an underwritten public offering of shares. The stock sank 27% to $2.13 in postmarket trading Tuesday.
Negative
Market Watch
3 weeks ago
Bitdeer Technologies Group Shares Fall on Note Offering
Bitdeer Technologies Group shares dropped in late trading after the Bitcoin mining technology company said it plans to offer $300 million of convertible senior notes.
Neutral
GlobeNewsWire
3 weeks ago
Bitdeer Announces Proposed Private Placement of US$300.0 Million of Convertible Senior Notes
SINGAPORE, June 17, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for Bitcoin mining, today announced that it intends to offer, subject to market conditions and other factors, US$300.0 million principal amount of 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 also intends to grant 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 notes.
Neutral
GlobeNewsWire
1 month ago
Bitdeer Announces May 2025 Production and Operations Update
- Increased self-mining hashrate to 13.6 EH/s on continued deployment of SEALMINERs- Sold and shipped 1.6 EH/s of SEALMINER A2s to external customers
Positive
Investors Business Daily
1 month ago
Bitcoin Miners Finally Join Bitcoin Rally; Analyst Eyes $145,000
Bitcoin miners finally join bitcoin's rally after notching a record last week. What is driving the recent surge?
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