Bitdeer Technologies Group (BTDR)

NASDAQ: BTDR · IEX Real-Time Price · USD
6.52
-0.19 (-2.83%)
Apr 24, 2024, 12:41 PM EDT - Market open
-2.83%
Market Cap 755.60M
Revenue (ttm) 368.55M
Net Income (ttm) -56.66M
Shares Out 115.71M
EPS (ttm) -0.51
PE Ratio n/a
Forward PE 60.24
Dividend n/a
Ex-Dividend Date n/a
Volume 418,695
Open 6.59
Previous Close 6.71
Day's Range 6.41 - 6.83
52-Week Range 2.77 - 14.65
Beta 1.70
Analysts Strong Buy
Price Target 14.42 (+121.17%)
Earnings Date Jun 15, 2024

About BTDR

Bitdeer Technologies Group operates as a technology company for blockchain and computing. It offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining machine hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining; as well as mines cryptocurrencies for its own account. The company also operates mining datacenters to generate hash rate; handles various processes involved in computing, such as equipment procurement, transport logistic... [Read more]

Sector Technology
Founded 2021
Employees 211
Stock Exchange NASDAQ
Ticker Symbol BTDR
Full Company Profile

Financial Performance

In 2023, BTDR's revenue was $368.55 million, an increase of 10.56% compared to the previous year's $333.34 million. Losses were -$56.66 million, -6.15% less than in 2022.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for BTDR stock is "Strong Buy." The 12-month stock price forecast is $14.42, which is an increase of 121.17% from the latest price.

Price Target
$14.42
(121.17% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Bitdeer Announces March 2024 Operations Updates

SINGAPORE, April 04, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, ...

20 days ago - GlobeNewsWire

Bitdeer Reports Financial Results for the Full Year 2023 and Operational Update

SINGAPORE, March 29, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, ...

26 days ago - GlobeNewsWire

Bitdeer Announces Mining Expansion with SEALMINER Mining Machines

SINGAPORE, March 26, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, ...

4 weeks ago - GlobeNewsWire

Bitdeer Announces Completion and Successful Validation of NVIDIA DGX SuperPOD H100 System

Singapore, March 18, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR), a leading provider of blockchain and high-performance computing solutions, announced today that it has complete...

5 weeks ago - GlobeNewsWire

Bitdeer Announces February 2024 Operations Updates

SINGAPORE, March 07, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, ...

6 weeks ago - GlobeNewsWire

Bitdeer Pre-Announces Financial and Operating Results for the Fourth Quarter of 2023

SINGAPORE, March 04, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, ...

7 weeks ago - GlobeNewsWire

Bitdeer Announces New 4nm Bitcoin Mining Chip SEAL01

Offering power efficiency of 18.1 J/TH, “SEAL01” tested as exceptionally efficient; chips to be integrated into Bitdeer's upcoming “SEALMINER A1” mining machines Offering power efficiency of 18.1 J/TH...

7 weeks ago - GlobeNewsWire

Bitdeer Announces January 2024 Operations Updates

SINGAPORE, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, t...

2 months ago - GlobeNewsWire

Bitdeer to Participate in a Fireside Chat Hosted by H.C. Wainwright

SINGAPORE, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, t...

2 months ago - GlobeNewsWire

Bitdeer Announces Appointment of Jihan Wu as New Chief Executive Officer as Linghui Kong Transitions to Chief Business Officer

SINGAPORE, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, t...

3 months ago - GlobeNewsWire

Bitdeer Named One of Singapore's Fastest Growing Companies 2024

Bitdeer is the first blockchain company to be honored, ranking 6th of 18 in the IT & Software Category and 34th of 100 overall Bitdeer is the first blockchain company to be honored, ranking 6th of 18 ...

3 months ago - GlobeNewsWire

Bitdeer's (NASDAQ: BTDR) Eco-Friendly Bet On Bhutan: How Balancing Growth With Environmental Impact Is Paying Off For The Company

SINGAPORE / ACCESSWIRE / January 23, 2024 / Singapore-based Bitdeer Technologies Group (NASDAQ:BTDR) reports having the largest global footprint of any publicly traded Bitcoin miner, but it is still m...

3 months ago - Accesswire

Bitdeer Announces December 2023 Operations Updates

SINGAPORE, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, t...

3 months ago - GlobeNewsWire

Bitdeer Technologies Group (NASDAQ: BTDR) Q3 Earnings Highlights: Net Loss Slashed, Gross Profit And Gross Margin Up

SINGAPORE / ACCESSWIRE / December 29, 2023 / Bitdeer Technologies Group (NASDAQ:BTDR), a global leader in blockchain and high-performance computing, recently announced its unaudited financial results ...

4 months ago - Accesswire

H.C. Wainwright Reiterated Its Buy Rating On Bitdeer Technologies (NASDAQ: BTDR) This Month Citing A "Compelling Buying Opportunity" - Here's Why

SINGAPORE / ACCESSWIRE / December 12, 2023 / The investment bank H.C. Wainwright released a report on November 16, 2023, presenting a comprehensive analysis of Bitdeer Technologies Group (NASDAQ:BTDR)...

4 months ago - Accesswire

Bitdeer Announces November 2023 Operations Updates

SINGAPORE, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, t...

4 months ago - GlobeNewsWire

Bitdeer Joins Forces With Nvidia In Cloud Service Launch

SINGAPORE / ACCESSWIRE / November 30, 2023 / Bitdeer Technologies Group (NASDAQ:BTDR), a trailblazer in blockchain and high-performance computing , has recently announced a strategic partnership with ...

5 months ago - Accesswire

Bitdeer Reports Unaudited Financial Results for the Third Quarter of 2023 and Operational Update

SINGAPORE, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, t...

5 months ago - GlobeNewsWire

Bitdeer to Launch Asia-Based Cloud Service Built on NVIDIA DGX SuperPOD

Bitdeer to develop NVIDIA-accelerated GPU cloud capabilities to cater to unfulfilled demand for AI computing power Bitdeer to develop NVIDIA-accelerated GPU cloud capabilities to cater to unfulfilled ...

5 months ago - GlobeNewsWire

How Bitdeer Technologies (NASDAQ: BTDR) Sets Itself Apart From The Competition

SINGAPORE / ACCESSWIRE / November 9, 2023 / Bitdeer Technologies Group (NASDAQ:BTDR) stands as a relatively lesser-known but potentially disruptive force in the world of bitcoin mining , offering a su...

5 months ago - Accesswire

Bitdeer Announces October 2023 Operations Updates

SINGAPORE, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for the cryptocurrency mining community, today a...

6 months ago - GlobeNewsWire

What Some Say Could Be Behind Bitdeer Technologies' Recent Share Price Drop, And How It Really Matches Up Against Competitors

SINGAPORE / ACCESSWIRE / October 31, 2023 / In the past month, Bitcoin-mining company Bitdeer Technologies' (NASDAQ:BTDR) stock has plummeted approximately 70%, taking the stock from a price of $9.84 ...

6 months ago - Accesswire

Bitdeer Announces September 2023 Operations Updates

SINGAPORE, Oct. 06, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for the cryptocurrency mining community, today a...

7 months ago - GlobeNewsWire

Bitdeer Announces August 2023 Operations Updates

SINGAPORE, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for the cryptocurrency mining community, today ...

8 months ago - GlobeNewsWire

Bitdeer Reports Unaudited Financial Results for the Second Quarter of 2023 and Operational Update

SINGAPORE, Aug. 11, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for the cryptocurrency mining community, today a...

9 months ago - GlobeNewsWire