Bitdeer Technologies Group (NASDAQ:BTDR – Get Free Report) CFO Michael Potter purchased 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The stock was bought at an average price of $9.04 per share, for a total transaction of $226,000.00. Following the acquisition, the chief financial officer owned 25,000 shares of the company’s stock, valued at $226,000. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.
Bitdeer Technologies Group Stock Up 3.8%
Shares of Bitdeer Technologies Group stock opened at $9.02 on Thursday. The company has a current ratio of 1.85, a quick ratio of 1.11 and a debt-to-equity ratio of 1.88. Bitdeer Technologies Group has a 12-month low of $6.92 and a 12-month high of $27.80. The company has a market cap of $2.12 billion, a P/E ratio of -2.95 and a beta of 2.50. The company’s fifty day simple moving average is $13.91 and its two-hundred day simple moving average is $12.24.
Bitdeer Technologies Group (NASDAQ:BTDR – Get Free Report) last posted its earnings results on Tuesday, June 30th. The company reported ($0.37) EPS for the quarter. The company had revenue of $228.78 million during the quarter. Bitdeer Technologies Group had a negative return on equity of 61.88% and a negative net margin of 55.15%. Research analysts anticipate that Bitdeer Technologies Group will post -1.54 EPS for the current year.
Bitdeer Technologies Group News Roundup
- Positive Sentiment: Bitdeer’s second-quarter earnings release and conference call highlighted record hash-rate growth, supporting the company’s bitcoin-mining expansion strategy. Management also discussed opportunities in AI and high-performance computing, which could diversify revenue beyond cryptocurrency mining. Bitdeer Q2 2026 Earnings Call Highlights
- Positive Sentiment: Benchmark characterized Bitdeer’s recent selloff as an “overreaction” and set a $22 price target, suggesting significant upside from current levels. The call may reassure investors who view the company’s mining scale and AI-compute ambitions as underappreciated. Benchmark Calls Bitdeer Selloff an Overreaction
- Positive Sentiment: Needham maintained a Buy rating while lowering its price target from $22 to $20. Although the reduction reflects more cautious assumptions, the target still indicates substantial potential appreciation and provides a positive valuation signal. Needham Lowers Bitdeer Price Target
- Neutral Sentiment: Recent coverage remains focused on whether bitcoin-mining growth can translate into sustainable AI-compute revenue. Analysts acknowledge bitcoin and AI tailwinds but continue to rate the investment cautiously because of execution and cryptocurrency-market risks. Bitdeer Valuation Framework
- Negative Sentiment: Cost inflation remains a major risk. Recent analysis cited a 65% year-over-year increase in cost of revenue, including higher electricity expenses, which pushed gross margin negative and could limit the benefit of stronger hash-rate growth. Bitdeer Bitcoin and AI Compute Analysis
Wall Street Analysts Forecast Growth
Several analysts have weighed in on BTDR shares. Wall Street Zen cut Bitdeer Technologies Group from a “sell” rating to a “strong sell” rating in a research report on Saturday, May 2nd. Zacks Research raised Bitdeer Technologies Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 2nd. Needham & Company LLC lowered their target price on Bitdeer Technologies Group from $22.00 to $20.00 and set a “buy” rating for the company in a research note on Tuesday. Rosenblatt Securities lifted their price target on Bitdeer Technologies Group from $18.00 to $25.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Finally, B. Riley Financial upped their price target on Bitdeer Technologies Group from $22.00 to $23.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Eleven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $25.36.
View Our Latest Stock Report on BTDR
Institutional Investors Weigh In On Bitdeer Technologies Group
A number of institutional investors have recently modified their holdings of BTDR. GAMMA Investing LLC raised its position in shares of Bitdeer Technologies Group by 57.3% in the 2nd quarter. GAMMA Investing LLC now owns 2,476 shares of the company’s stock worth $39,000 after purchasing an additional 902 shares during the last quarter. Empowered Funds LLC purchased a new stake in Bitdeer Technologies Group during the 4th quarter valued at about $34,000. Kestra Advisory Services LLC bought a new stake in Bitdeer Technologies Group during the 4th quarter valued at about $39,000. FNY Investment Advisers LLC bought a new stake in Bitdeer Technologies Group during the 2nd quarter valued at about $66,000. Finally, Hollencrest Capital Management purchased a new position in Bitdeer Technologies Group in the first quarter worth about $43,000. 22.25% of the stock is owned by hedge funds and other institutional investors.
About Bitdeer Technologies Group
Bitdeer Technologies Group Inc (NASDAQ:BTDR) is a global digital asset mining and computing services provider focused on delivering secure and efficient hashrate solutions to institutional and retail customers. The company leverages its proprietary mining platform to offer hosted mining, hashrate sales and management services, enabling clients to access large-scale mining operations without direct investment in hardware or infrastructure.
Bitdeer’s core offerings include mining hosting services, whereby the firm installs, operates and maintains specialized mining equipment on behalf of customers, and hashrate-as-a-service products that provide fixed-capacity mining power with transparent pricing structures.
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