Technology -
Software - Application - NASDAQ - SG
$ 20.9
-2.97 %
$ 4.02 B
Market Cap
-37.32
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
-56.94%
BTDR Average Price Target
Wall Street Target
15.3 USD
-26.56%
BTDR Highest Price Target
Wall Street Target
29 USD
38.76%
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
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
- 1 month 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
- 1 month 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
- 1 month 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
- 1 month 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
- 1 month 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
- 2 months ago
Bitdeer Technologies Group (BTDR) Reports Q3 Loss, Lags Revenue Estimates
Bitdeer Technologies Group (BTDR) came out with a quarterly loss of $0.35 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to earnings of $0.09 per share a year ago.
zacks.com
- 2 months ago
Analysts Estimate Bitdeer Technologies Group (BTDR) to Report a Decline in Earnings: What to Look Out for
BITDEER TEC GRP (BTDR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 2 months ago
Bitdeer Announces October 2024 Production and Operations Update
- Launched SEALMINER A2 air and hydro-cooling models with 226 TH/s and 446 TH/s, respectively, and 16.5 J/TH efficiency - Anticipated near-term mass production of approximately 21.7 EH/s of SEALMINER A1 and A2
globenewswire.com
- 2 months ago
Bitdeer Launches Second-Generation Bitcoin Mining Machine SEALMINER A2, Achieving Roadmap Goals
With a power efficiency ratio of only 16.5J/TH, its air-cooling and hydro-cooling mining machines boast a hashrate of 226TH/s and 446TH/s respectively With a power efficiency ratio of only 16.5J/TH, its air-cooling and hydro-cooling mining machines boast a hashrate of 226TH/s and 446TH/s respectively
globenewswire.com
- 2 months ago
Bitdeer Announces Third Quarter 2024 Earnings Conference Call for November 18, 2024
SINGAPORE, Oct. 29, 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 has scheduled its third quarter 2024 earnings conference call and webcast for Monday, November 18, 2024 at 8:00 AM EST. During the call, Bitdeer management will discuss the unaudited financial and operational results for the quarter ended September 30, 2024, followed by a question and answer session.
globenewswire.com
- 2 months ago
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, today announced the pricing of its underwritten public offering (the “Offering”) of US$150,000,000 aggregate principal amount of 8.50% convertible senior notes due 2029 (the “Notes”). The sale of the Notes is expected to close on August 20, 2024, subject to customary closing conditions. The Company also granted the underwriters in the Offering a 30-day option to purchase up to an additional US$22,500,000 aggregate principal amount of Notes on the same terms and conditions, solely to cover over-allotments.
globenewswire.com
- 5 months ago
8. Profile
Summary
Bitdeer Technologies Group BTDR
COUNTRY
SG
INDUSTRY
Software - Application
MARKET CAP
$ 4.02 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. Jianchun Liu
Chief Financial Officer, Head of Business Operations & Director
Ms. Chao Suo
Chief Operating Officer & Director
Mr. Linghui Kong
Chief Business Officer & Director
Mr. Haris Basit
Chief Strategy Officer