Bitdeer Technologies Group (BTDR)

NASDAQ: BTDR · Real-Time Price · USD
8.20
-0.12 (-1.44%)
At close: Oct 22, 2024, 4:00 PM
7.95
-0.25 (-3.05%)
Pre-market: Oct 23, 2024, 6:53 AM EDT
-1.44%
Market Cap 1.21B
Revenue (ttm) 420.89M
Net Income (ttm) -23.97M
Shares Out 147.35M
EPS (ttm) -0.21
PE Ratio n/a
Forward PE 353.13
Dividend n/a
Ex-Dividend Date n/a
Volume 1,522,963
Open 8.24
Previous Close 8.32
Day's Range 7.94 - 8.30
52-Week Range 2.90 - 14.27
Beta 1.92
Analysts Strong Buy
Price Target 13.20 (+60.98%)
Earnings Date Nov 11, 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 $13.2, which is an increase of 60.98% from the latest price.

Price Target
$13.2
(60.98% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

2 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...

2 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...

2 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

2 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...

3 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...

4 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

4 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...

4 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...

4 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...

5 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...

5 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...

6 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, ...

7 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, ...

7 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, ...

7 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...

7 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, ...

8 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, ...

8 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...

8 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...

9 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...

9 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...

9 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 ...

9 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...

9 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...

10 months ago - GlobeNewsWire