Bitdeer Technologies Group (BTDR)

NASDAQ: BTDR · Real-Time Price · USD
11.89
+0.35 (3.03%)
At close: Nov 20, 2024, 4:00 PM
12.94
+1.05 (8.83%)
Pre-market: Nov 21, 2024, 7:42 AM EST
3.03%
Market Cap 1.75B
Revenue (ttm) 395.61M
Net Income (ttm) -72.27M
Shares Out 147.35M
EPS (ttm) -0.58
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 7,528,921
Open 12.06
Previous Close 11.54
Day's Range 11.78 - 13.61
52-Week Range 3.97 - 14.27
Beta 1.92
Analysts Strong Buy
Price Target 14.30 (+20.27%)
Earnings Date Nov 18, 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 10 analysts, the average rating for BTDR stock is "Strong Buy." The 12-month stock price forecast is $14.3, which is an increase of 20.27% from the latest price.

Price Target
$14.3
(20.27% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Bitdeer AI Named Top 100 Software Companies of 2024 by The Software Report

SINGAPORE, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Bitdeer AI, part of Bitdeer Technologies Group (NASDAQ: BTDR), an emerging AI cloud service provider, is proud to announce its inclusion in the Top 100 Sof...

7 hours ago - GlobeNewsWire

Bitdeer Technologies: Managing The New Economics Of Bitcoin Mining (Rating Downgrade)

Shares of Bitdeer have surged amid sharply higher Bitcoin prices. The company's Q3 earnings report was pressured by shifting market economics following the Bitcoin halving earlier this year. The compa...

1 day ago - Seeking Alpha

Bitdeer Technologies' Strong Growth Potential Highlighted By Analysts Amid Bitcoin Bull Market

Bitdeer Technologies Group BTDR shares are trading lower on Tuesday.

1 day ago - Benzinga

Bitdeer Technologies Group (BTDR) Q3 2024 Earnings Call Transcript

Bitdeer Technologies Group (NASDAQ:BTDR) Q3 2024 Earnings Call Transcript November 18, 2024 8:00 AM ET Company Participants Yujia Zhai - IR, Orange Group Haris Basit - CSO Jeff LaBerge - Head of Capi...

2 days ago - Seeking Alpha

Bitdeer Announces October 2024 Production and Operations Update

- Launched SEALMINER A2 air and hydro-cooling models with 226 TH/s and 446 TH/s, respectively, and 16.5 J/TH efficiency - Anticipated near-term mass production of approximately 21.7 EH/s of SEALMINER ...

14 days ago - GlobeNewsWire

Bitdeer Launches Second-Generation Bitcoin Mining Machine SEALMINER A2, Achieving Roadmap Goals

With a power efficiency ratio of only 16.5J/TH, its air-cooling and hydro-cooling mining machines boast a hashrate of 226TH/s and 446TH/s respectively With a power efficiency ratio of only 16.5J/TH, i...

21 days ago - GlobeNewsWire

Bitdeer Announces Third Quarter 2024 Earnings Conference Call for November 18, 2024

SINGAPORE, Oct. 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...

22 days ago - GlobeNewsWire

Bitdeer Announces Pricing of US$150 Million Convertible Notes Offering

SINGAPORE, Aug. 16, 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 Announces Proposed Offering of US$150 Million Convertible Notes

SINGAPORE, Aug. 15, 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 AI Unveils Advanced AI Training Platform with Serverless GPU Infrastructure for Scalable and Efficient AI/ML Inference

SINGAPORE, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Bitdeer AI, part of Bitdeer Technologies Group (NASDAQ: BTDR), a leading AI Cloud service provider, has announced the launch of its advanced AI Training Pl...

3 months ago - GlobeNewsWire

Bitdeer Reported Unaudited Financial Results for the Second Quarter of 2024

Bitdeer Reported Unaudited Financial Results for the Second Quarter of 2024 - Revenue of US$99.2 million and gross margin of 24.6% - Adjusted EBITDA of US

3 months ago - GlobeNewsWire

Bitdeer Announces June 2024 Production and Operations Update

- Significant increase in global contracted power capacity to 2.5 GW - Initial sample shipments of Sealminer A1 ASICs installed and energized at Bitdeer sites - Completed tape-out of SEAL02 chip targe...

5 months ago - GlobeNewsWire

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...

5 months 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

5 months 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...

6 months 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...

6 months 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...

6 months 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...

6 months 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...

7 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, ...

8 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, ...

8 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, ...

8 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...

8 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, ...

9 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, ...

9 months ago - GlobeNewsWire