Bitdeer Technologies Group (BTDR)

NASDAQ: BTDR · IEX Real-Time Price · USD
11.61
+1.02 (9.63%)
At close: Jul 2, 2024, 4:00 PM
11.68
+0.07 (0.56%)
After-hours: Jul 2, 2024, 7:54 PM EDT
9.63%
Market Cap 1.38B
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 118.72M
EPS (ttm) -0.39
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 4,329,910
Open 10.86
Previous Close 10.59
Day's Range 10.41 - 11.64
52-Week Range 2.77 - 14.65
Beta 1.79
Analysts Strong Buy
Price Target 14.21 (+22.39%)
Earnings Date Aug 9, 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 8 analysts, the average rating for BTDR stock is "Strong Buy." The 12-month stock price forecast is $14.21, which is an increase of 22.39% from the latest price.

Price Target
$14.21
(22.39% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Bitdeer Expands Power Capacity Pipeline to 2.5 GW with 570 MW Strategic Partnership with Monroe County Port Authority in Ohio

SINGAPORE, June 28, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, i...

4 days ago - GlobeNewsWire

Bitdeer Unveils SEALMINER Technology Roadmap, Committed to Enhancing Transparency in the Mining Industry

Expects to mass produce innovative ultra efficient 5J/TH chips by Q4 2025 with investments in R&D Expects to mass produce innovative ultra efficient 5J/TH chips by Q4 2025 with investments in R&D

26 days ago - GlobeNewsWire

Bitdeer Announces Acquisition of Desiweminer in an All-Stock Transaction

SINGAPORE, June 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...

26 days ago - GlobeNewsWire

Bitdeer Announces May 2024 Operations Updates

SINGAPORE, June 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...

26 days ago - GlobeNewsWire

Bitdeer Announces Up to $150 Million Private Placement Financing

SINGAPORE, May 31, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, to...

4 weeks ago - GlobeNewsWire

Bitdeer Reports Unaudited Financial Results for the First Quarter of 2024 and Operational Update

SINGAPORE, May 13, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, to...

7 weeks ago - GlobeNewsWire

Bitdeer Announces April 2024 Operations Updates

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

2 months ago - GlobeNewsWire

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, ...

3 months 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, ...

3 months 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, ...

3 months 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...

3 months 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, ...

4 months 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, ...

4 months 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...

4 months 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...

5 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...

5 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...

5 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 ...

5 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...

5 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...

6 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 ...

6 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)...

7 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...

7 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 ...

7 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...

8 months ago - GlobeNewsWire