Technology - Software - Application - NASDAQ - SG
$ 11.09
3.26 %
$ 1.55 B
Market Cap
-55.45
P/E
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.[ Read More ]
The intrinsic value of one BTDR stock under the base case scenario is HIDDEN Compared to the current market price of 11.1 USD, Bitdeer Technologies Group is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart BTDR
FINANCIALS
369 M
REVENUE
-52.2 M
OPERATING INCOME
-56.7 M
NET INCOME
-274 M
OPERATING CASH FLOW
200 M
INVESTING CASH FLOW
-13.5 M
FINANCING CASH FLOW
99.2 M
REVENUE
-15.7 M
OPERATING INCOME
-17.7 M
NET INCOME
-74.1 M
OPERATING CASH FLOW
54.3 M
INVESTING CASH FLOW
105 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Bitdeer Technologies Group
| Current Assets | 265 M |
| Cash & Short-Term Investments | 154 M |
| Receivables | 20.9 M |
| Other Current Assets | 89.5 M |
| Non-Current Assets | 429 M |
| Long-Term Investments | 72.1 M |
| PP&E | 213 M |
| Other Non-Current Assets | 143 M |
| Current Liabilities | 73.3 M |
| Accounts Payable | 32.5 M |
| Short-Term Debt | -139 M |
| Other Current Liabilities | 180 M |
| Non-Current Liabilities | 233 M |
| Long-Term Debt | 87.5 M |
| Other Non-Current Liabilities | 146 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
21.11%
GROSS MARGIN
-14.18%
OPERATING MARGIN
-15.37%
NET MARGIN
-17.04%
ROE
-8.86%
ROA
-27.54%
ROIC
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 $13.8 , with forecasts ranging from a low of $9 to a high of $20 .
BTDR Lowest Price Target
Wall Street Target
9 USD
-18.85%
BTDR Average Price Target
Wall Street Target
13.8 USD
24.74%
BTDR Highest Price Target
Wall Street Target
20 USD
80.34%
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
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
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
- 5 days 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
- 1 week 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 weeks 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 weeks 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
- 3 months ago
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, today announced a proposed registered underwritten public offering (the “Offering”) by the Company of US$150,000,000 aggregate principal amount of its convertible senior notes due 2029 (the “Notes”), subject to market and other conditions. The Company also intends to grant 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
- 3 months ago
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 Platform, designed to provide fast and scalable AI/ML inference with serverless GPU infrastructure. With the newest AI Training Platform, Bitdeer AI becomes one of the first NVIDIA Cloud Service Providers (CSP) in Asia to offer both cloud service and an AI training platform.
globenewswire.com
- 3 months ago
Bitdeer Technologies Group (BTDR) Matches Q2 Earnings Estimates
Bitdeer Technologies Group (BTDR) came out with quarterly earnings of $0.03 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.03 per share a year ago.
zacks.com
- 3 months ago
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
globenewswire.com
- 3 months ago
Strength Seen in BITDEER TEC GRP (BTDR): Can Its 7.6% Jump Turn into More Strength?
BITDEER TEC GRP (BTDR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
zacks.com
- 4 months ago
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 targeting 14 J/TH - On track to deploy 3.4 EH/s of Sealminer ASICs in Q4 2024
globenewswire.com
- 4 months ago
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, is pleased to announce that the Company has entered into a lease agreement with the Monroe County Port Authority (MCPA) to secure up to 570 MW of additional power capacity. This strategic partnership significantly increases Bitdeer's total capacity to 2.5 GW globally and strengthens Bitdeer's infrastructure development pipeline for Bitcoin mining and high-performance computing (HPC) and AI.
globenewswire.com
- 4 months ago
8. Profile Summary
Bitdeer Technologies Group BTDR
COUNTRY
SG
INDUSTRY
Software - Application
MARKET CAP
$ 1.55 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. Haris Basit
Chief Strategy Officer
Ms. Chao Suo
Chief Operating Officer & Director
Mr. Jihan Wu
Founder, Chairman & Chief Executive Officer
Mr. Linghui Kong
Chief Business Officer & Director
Mr. Jianchun Liu
Chief Financial Officer, Head of Business Operations & Director