Bitdeer Technologies Group Stock Price, News & Analysis

Infrastructure expansion with 70 MW energization in Tydal, Norway and 132 MW in Jigmeling, Bhutan. The company's global available power capacity reached 1.1 GW, expected to increase to 1.6 GW by June 2025.

SEALMINER developments show strong progress: 3.7 EH/s of A1 units energized, 3.3 EH/s of A2 units manufactured, and successful prototype testing of A3 with 9.7 J/TH efficiency. The company secured a $200 million financing facility from Matrixport Group and paused Bitcoin mining construction at the Clarington, Ohio site to explore HPC/AI opportunities.

Bitdeer Technologies Group (NASDAQ: BTDR), a leading Bitcoin mining technology company, has scheduled its first quarter 2025 earnings conference call for May 15, 2025, at 8:00 AM EST. The company will release its Q1 2025 financial results before the call at approximately 7:00 AM EST. During the call, management will discuss unaudited financial and operational results for the quarter ended March 31, 2025, followed by a Q&A session.

The conference call will be accessible via webcast, and participants can join by phone after registering through the provided link. The company recommends connecting 5 minutes before the scheduled time to ensure timely participation. Both live and archived versions of the webcast will be available on Bitdeer's Investor Relations website.

Bitdeer Technologies Group (NASDAQ: BTDR) reported significant operational progress in March 2025. The company completed mass production of 3.8 EH/s SEALMINER A1 mining rigs, with 2.8 EH/s already energized, increasing self-mining hashrate to 11.5 EH/s.

Key developments include:

• Self-mined 114 Bitcoins in March 2025
• Launched SEALMINER A2 Pro series with 14.9 J/TH efficiency
• Obtained regulatory approval for Tydal, Norway site (175 MW)
• Signed agreement for 50 MW mining datacenter in Ethiopia for $7.5 million
• Total hash rate under management reached 24.2 EH/s
• Bitcoin holdings increased to 1,156

The company's infrastructure expansion continues with multiple sites under development, including projects in Bhutan (500 MW), Ohio (525 MW), and Norway (175 MW). Bitdeer also retained Northland Capital Markets as financial advisor for its HPC/AI data center development strategy.

Bitdeer Technologies Group (NASDAQ: BTDR) has released its February 2025 operations update, reporting 110 self-mined bitcoins. The company's SEALMINER A1 production (3.7 EH/s) is nearly complete, with various stages of deployment underway. For SEALMINER A2, 35 EH/s production is expected by October 2025, with 0.6 EH/s ready for shipment.

Notable developments include SEAL03 sample wafers achieving 9.7 J/TH efficiency at chip level, and SEAL04 R&D progressing toward 5 J/TH efficiency. The company reported a decrease in client-hosted machines by 17,000 units (1.7 EH/s). Infrastructure expansions are ongoing in multiple locations, including Tydal, Norway (40 MW), Rockdale, Texas (100 MW), and Jigmeling, Bhutan (500 MW).

The company completed a US$9 million share repurchase and approved an additional US$20 million repurchase program through February 2026. CEO Jihan Wu has adopted a Rule 10b5-1 plan to sell up to 4 million shares based on specific price thresholds between March and June 2025.

Bitdeer Technologies Group (Nasdaq: BTDR) has announced a new US$20 million share repurchase program effective from February 28, 2025, through February 28, 2026. This announcement follows the full utilization of its previous US$10 million buyback program, under which the company repurchased shares worth approximately US$9 million on February 27, 2025.

The new program allows Bitdeer to purchase shares through various means, including open market transactions and privately negotiated deals, in compliance with federal securities laws. The repurchase timing and volume will depend on factors such as price, trading volume, market conditions, and working capital requirements. The program will be funded from existing cash reserves and can be modified, suspended, or terminated at any time by the board of directors.

Bitdeer Technologies Group (NASDAQ: BTDR) released its unaudited financial results for Q4 and full year 2024, reporting total revenue of US$69.0 million in Q4, down from US$114.8 million in Q4 2023. The company posted a net loss of US$531.9 million compared to US$5.0 million in the same period last year.

The decline in performance was attributed to strategic prioritization of resources toward developing proprietary ASIC technology, which temporarily hashrate growth. However, management emphasized this investment strengthens their competitive position for 2025 and beyond.

Bitdeer plans to increase its self-mining hashrate to approximately 40 EH/s by Q4 2025, up from the current 8.7 EH/s, by deploying SEALMINER A1s and 28 EH/s of SEALMINER A2s. The company's global power capacity now exceeds 2.6 GWs, with over 1 GW scheduled for energization in 2025.

The company's cash position stands at US$476.3 million with crypto holdings of US$77.5 million as of December 31, 2024.

Bitdeer Technologies Group (NASDAQ: BTDR) has released its January 2025 operations update, reporting 126 self-mined Bitcoins, a decrease from previous month due to temporary curtailments in Bhutan. The company's SEALMINER A1 production remains on track with 3.7 EH/s of mining rigs, while SEALMINER A2's production of 35 EH/s faces a one-month delay due to Taiwan's earthquake.

Key developments include the acquisition of a 101 MW site and gas-fired power plant project in Alberta, and successful execution of a $17M supply chain financing facility at 10.2% interest rate. The company's AI Cloud platform saw utilization drop to ~60% as focus shifts to R&D in model inference and AI Agents.

Infrastructure expansion continues across multiple sites, including Tydal, Norway (175 MW), Massillon, Ohio (221 MW), and Jigmeling, Bhutan (500 MW). Total current electrical capacity stands at 895 MW, with a pipeline capacity of 1,744 MW.

Bitdeer Technologies Group (NASDAQ: BTDR), a blockchain and high-performance computing technology company, has scheduled its fourth quarter and full year 2024 earnings conference call for February 25, 2025, at 8:00 AM EST. The company will release its preliminary and unaudited financial results before the call at approximately 7:00 AM EST.

Management will discuss the financial and operational results for the quarter and year ended December 31, 2024, followed by a Q&A session. The earnings release will be available on Bitdeer's Investor Relations website. Participants can join via webcast or phone registration, with connection recommended 5 minutes before the scheduled time.