Bitdeer Technologies Group (BTDR)

NASDAQ: BTDR · IEX Real-Time Price · USD
10.99
+1.55 (16.49%)
At close: Jul 19, 2024, 4:00 PM
10.88
-0.10 (-0.96%)
After-hours: Jul 19, 2024, 7:59 PM EDT
16.49%
Market Cap 1.53B
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 139.53M
EPS (ttm) -0.39
PE Ratio n/a
Forward PE 54.95
Dividend n/a
Ex-Dividend Date n/a
Volume 3,114,154
Open 9.44
Previous Close 9.43
Day's Range 9.20 - 11.08
52-Week Range 2.77 - 14.65
Beta 1.79
Analysts Strong Buy
Price Target 14.19 (+29.18%)
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 $14.19, which is an increase of 29.18% from the latest price.

Price Target
$14.19
(29.18% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

17 days 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...

22 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

6 weeks 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 weeks 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 weeks 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...

7 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...

2 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...

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, ...

4 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, ...

4 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...

4 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...

6 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 ...

6 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...

6 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...

7 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 ...

7 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...

8 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 ...

8 months ago - Accesswire