Technology -
Software - Application - NASDAQ - SG
$ 11.0
0.457 %
$ 2.12 B
Market Cap
-2.52
P/E
1. INTRINSIC VALUE
Balance Sheet
Bitdeer Technologies Group
| Current Assets | 265 M |
| Cash & Short-Term Investments | 145 M |
| Receivables | 20.9 M |
| Other Current Assets | 99.1 M |
| Non-Current Assets | 429 M |
| Long-Term Investments | 72.1 M |
| PP&E | 213 M |
| Other Non-Current Assets | 143 M |
| Current Liabilities | 208 M |
| Accounts Payable | 32.5 M |
| Short-Term Debt | 5.29 M |
| Other Current Liabilities | 170 M |
| Non-Current Liabilities | 94.4 M |
| Long-Term Debt | 87.5 M |
| Other Non-Current Liabilities | 6.91 M |
EFFICIENCY
Earnings Waterfall
Bitdeer Technologies Group
| Revenue | 369 M |
| Cost Of Revenue | 291 M |
| Gross Profit | 77.8 M |
| Operating Expenses | 130 M |
| Operating Income | -52.2 M |
| Other Expenses | 4.41 M |
| Net Income | -56.7 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Bitdeer Technologies Group
| Net Income | -56.7 M |
| Depreciation & Amortization | 75.5 M |
| Capital Expenditures | -126 M |
| Stock-Based Compensation | 45.5 M |
| Change in Working Capital | -37.2 M |
| Others | -358 M |
| Free Cash Flow | -400 M |
Wall Street Analysts Price Targets
Bitdeer Technologies Group
Wall Street analysts predict an average 1-year price target for BTDR of $15.3 , with forecasts ranging from
a
low of
$9 to a high of $29 .
BTDR Lowest Price Target
Wall Street Target
9 USD
-18.18%
BTDR Average Price Target
Wall Street Target
15.3 USD
39.55%
BTDR Highest Price Target
Wall Street Target
29 USD
163.64%
4. DIVIDEND
ANALYSIS
BTDR does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Bitdeer Technologies Group
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
Bitdeer Announces January 2025 Production and Operations Update
- First trial batch of SEALMINER A2 air cooled rigs have been delivered to our datacenters and are running smoothly. - Completed acquisition of 101 MW site and gas-fired power plant project in Alberta to deliver the industry's first fully vertically-integrated Bitcoin mining site.
globenewswire.com
- 3 weeks ago
Bitdeer Announces Fourth Quarter and Full Year 2024 Earnings Conference Call for February 25, 2025
SINGAPORE, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced that it has scheduled its fourth quarter and full year 2024 earnings conference call and webcast for Tuesday, February 25, 2025 at 8:00 AM EST. During the call, Bitdeer management will discuss the preliminary and unaudited financial and operational results for the quarter and year ended December 31, 2024, followed by a question-and-answer session.
globenewswire.com
- 3 weeks ago
Bitdeer Announces Strategic Acquisition of 101 MW Site and Gas-fired Power Project in Alberta to Deliver the Industry's First Fully-Vertically Integrated Bitcoin Mining Site
SINGAPORE, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced the successful close of the acquisition of a fully licensed and permitted 101 MW site and gas-fired power project situated on 19 acres of land near Fox Creek, Alberta in an all-cash transaction for $21.7 million. The site has potential to scale to 1 GW of power, reflecting Alberta's abundant energy resources, supportive regulatory posture and pro-business environment.
globenewswire.com
- 1 month ago
Bitcoin miners try to rebound from choppy market
CNBC's Tanaya Macheel joins 'Closing Bell' to discuss the mixed recovery for bitcoin miners.
youtube.com
- 1 month ago
Bitdeer Introducing ReMine: A New Feature for Transferring Idle Mining Machine Orders and Related Rights and Benefits
New York, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Bitdeer launches its new feature, "ReMine," which offers a transparent transfer market for Bitdeer mining machine buyers and sellers. "ReMine" uses a peer-to-peer model crafted to meet users' needs for purchasing and transferring mining machines and related rights and benefits provided by Bitdeer. It enables flexible transfer of SEALMINER orders, SEALMINER priority purchase rights, and relevant rights and benefits. ReMine aims to provide users with a quick and hassle-free platform so that users can focus on what really matters: maximizing their mining potential.
globenewswire.com
- 1 month ago
Bitdeer Growth Fueled By Strong Machine Sales, Efficient ASICs, Diversified Revenue, And High-Performance Computing Potential: Analyst
Needham analyst John Todaro maintained Bitdeer Technologies BTDR with a Buy and raised the price target from $14 to $22.
benzinga.com
- 1 month ago
Top 3 Tech Stocks That May Collapse This Quarter
As of Dec. 13, 2024, three stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
benzinga.com
- 2 months ago
Bitdeer Announces Pricing of US$360.0 Million Convertible Senior Notes Offering
SINGAPORE, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced the pricing of US$360.0 million principal amount of 5.25% Convertible Senior Notes due 2029 (the “notes”) in a private placement (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company has also granted the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional US$40.0 million principal amount of the notes. The sale of the notes is expected to close on November 26, 2024, subject to customary closing conditions.
globenewswire.com
- 3 months ago
Bitdeer Announces Proposed Private Placement of US$360.0 Million of Convertible Senior Notes
SINGAPORE, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced that it intends to offer, subject to market conditions and other factors, US$360.0 million principal amount of Convertible Senior Notes due 2029 (the “notes”) in a private placement (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company also intends to grant the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional US$40.0 million principal amount of notes.
globenewswire.com
- 3 months ago
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 Software Companies of 2024, ranked 8 in the Cloud Management by The Software Report.
globenewswire.com
- 3 months ago
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 company is launching a proprietary AISC Bitcoin mining platform, expected to generate financial efficiencies and drive strong growth.
seekingalpha.com
- 3 months ago
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 Capital Markets & Strategic Initiatives Jihan Wu - Chairman and CEO Matt Kong - Chief Business Officer Conference Call Participants Greg Lewis - BTIG Brett Knoblauch - Cantor Fitzgerald Kevin Cassidy - Rosenblatt Securities Darren Aftahi - Roth Mike Colonnese - H.C. Wainwright & Company John Todaro - Needham & Company Nick Giles - B.
seekingalpha.com
- 3 months ago
8. Profile
Summary
Bitdeer Technologies Group BTDR
COUNTRY
SG
INDUSTRY
Software - Application
MARKET CAP
$ 2.12 B
Dividend Yield
0.00%
Description
Bitdeer Technologies Group operates as a technology company for the cryptocurrency mining community. It mines cryptocurrencies for its own account and serve the cryptocurrency mining community by providing cryptocurrency mining solution. The company handles various processes involved in mining, such as miner procurement, transport logistics, mining datacenter design and construction, mining machine management, and daily operations. It has mining datacenters deployed in the United States and Norway. The company is headquartered in Singapore.
Contact
#09-03/04, Aperia tower 1, Singapore, 339509
https://www.bitdeer.com
IPO
Date
July 28, 2021
Employees
211
Officers
Mr. Jihan Wu
Founder, Chairman & Chief Executive Officer
Mr. Haris Basit
Chief Strategy Officer
Mr. Jianchun Liu
Chief Financial Officer, Head of Business Operations & Director
Ms. Chao Suo
Chief Operating Officer & Director
Ms. Yuling Ma
Chief Technology Officer
Mr. Linghui Kong
Chief Business Officer & Director