Bitdeer Technologies Group

BTDR

KYG114481008

Blockchain & Cryptocurrency

Market Closed - Nasdaq Other stock markets 16:00:00 2024-06-21 EDT			5-day change	1st Jan Change
9.51 ^USD	-3.55%		-4.42%	-3.55%

06-11	Cantor Fitzgerald Initiates Coverage on Bitdeer Technologies Group With Overweight Rating, $13 Price Target	MT
06-07	Bitdeer Unveils SEALMINER Technology Roadmap, Committed to Enhancing Transparency in the Mining Industry	CI

Bitdeer Technologies Group announced that it has received $99.999997 million in funding from Tether International Limited

June 05, 2024

On June 6, 2024, Bitdeer Technologies Group closed the transaction.

Latest news about Bitdeer Technologies Group

Cantor Fitzgerald Initiates Coverage on Bitdeer Technologies Group With Overweight Rating, $13 Price Target	06-11	MT
Bitdeer Unveils SEALMINER Technology Roadmap, Committed to Enhancing Transparency in the Mining Industry	06-06	CI
Bitdeer Technologies Group Agrees to Acquire Desiweminer in All-Stock Deal	06-06	MT
Bitdeer Technologies Reports Drop in May Bitcoin Production	06-06	MT
Bitdeer Technologies Group Announces Unaudited Operating Results for the Month Ended May 2024	06-06	CI
Bitdeer Technologies Group announced that it has received $99.999997 million in funding from Tether International Limited	06-05	CI
Bitdeer Technologies Group entered into a share purchase agreement to acquire FreeChain Inc. from DESIWE TECHNOLOGY PTE. LTD, Desiwe Technology Limited, certain individuals and the individuals? holding companies and Desiwe Team Ltd for approximately KYD 100 million.	06-02	CI
Bitdeer Technologies Reports Up to $150 Million Private Placement Financing; Shares Rise	05-31	MT
Bitdeer Technologies Group announced that it expects to receive $99.999997 million in funding from Tether International Limited	05-30	CI
Bitdeer Technologies Group Reports Unaudited Operating Results for the First Quarter Ended March 31, 2024	05-14	CI
Bitdeer Technologies Group Reports Earnings Results for the First Quarter Ended March 31, 2024	05-14	CI
Bitdeer Technologies Group Announces Unaudited Operating Results for the Month Ended April 2024	05-09	CI
Needham Initiates Coverage on Bitdeer Technologies With Buy Rating, $14 Price Target	04-15	MT
Rosenblatt Securities Initiates Bitdeer Technologies at Buy Rating With $10.50 Price Target	04-09	MT
Bitdeer Technologies Reports Higher Bitcoins Mined for March	04-04	MT
Bitdeer Technologies Group Announces Unaudited Operating Results for the Month Ended March 2024	04-04	CI
Bitdeer Technologies Group Reports Earnings Results for the Full Year Ended December 31, 2023	03-28	CI
Bitdeer Announces Mining Expansion with Sealminer Mining Machines	03-26	CI
Bitdeer Technologies Announces Completion and Successful Validation of NVIDIA DGX SuperPOD H100 System	03-18	CI
Benchmark Initiates Bitdeer Technologies at Buy Rating With $13 Price Target	03-14	MT
BTIG Initiates Bitdeer Technologies at Buy Rating With $15 Price Target	03-13	MT
B. Riley Starts Bitdeer Technologies Group With Buy Rating, $9 PT; Notes Diverse Revenue Sources, Anticipated Growth	03-12	MT
Bitdeer Technologies Group Announces New 4nm Bitcoin Mining Chip SEAL01	03-04	CI
Roth MKM Starts Bitdeer Technologies Group With Buy Rating, $14 Price Target	02-29	MT
Bitdeer Technologies Reports Monthly Drop in Bitcoins Mined in January	02-06	MT

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Bitdeer Technologies Group is a technology company. The Company is engaged in providing cryptocurrency mining solutions. It primarily operates three business lines: proprietary mining, hash rate sharing, and hosting. Its Proprietary mining refers to cryptocurrency mining for its own account, which allows it to directly capture the high appreciation potential of cryptocurrency. It offers two types of hash rate sharing solutions, namely Cloud Hash Rate and Hash Rate Marketplace. Through Cloud Hash Rate, the Company sells its hash rate to customers. It offers hash rate subscription plans at fixed price and share mining income with them under certain arrangements. The Company's hosting services offer customers mining machine hosting solutions encompassing deployment, maintenance, and management services for cryptocurrency mining.

Sector

Blockchain & Cryptocurrency

Calendar

2024-07-09 - CEO Investor Summit

More about the company

Income Statement Evolution

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

9.51 USD

Average target price

13.28 USD

Spread / Average Target

+39.62%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Cryptocurrency Mining

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BITDEER TECHNOLOGIES GROUP	-3.55%	1.31B
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BITFUFU INC.	-43.17%	1.01B

Cryptocurrency Mining