Welcome to our dedicated page for Bitdeer Technologies Group SEC filings (Ticker: BTDR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Bitdeer Technologies Group SEC filings document the company’s foreign private issuer reporting, operating updates, financial results, and capital-structure activity. Form 6-K reports include Bitcoin production, self-mining hash rate, SEALMINER deployment, AI cloud metrics, colocation activity, and data-center infrastructure disclosures.
The filings also record financing and securities matters, including senior convertible notes, capped call transactions, registered direct offerings of Class A ordinary shares, and incorporation by reference into Form F-3 and Form S-8 registration statements. Other disclosures address material agreements, subsidiary matters, legal proceedings involving leasehold rights, governance context, and risk-related business updates.
Bitdeer Technologies Group filed its annual Form 20-F detailing 2025 results and major strategic shifts across Bitcoin mining and AI infrastructure. Revenue rose to US$620.3 million in 2025 from US$349.8 million in 2024, and the company reported net profit of US$65.6 million after losses in prior years.
Bitdeer still generated large negative operating cash flow of US$1,738.7 million in 2025 and remains highly exposed to Bitcoin price volatility, network hash rate increases and the 2024 halving that cut block rewards to 3.125 Bitcoins. As of December 31, 2025 there were 235,552,084 ordinary shares outstanding.
The company is investing heavily in datacenters and AI, targeting about 3,003.5 MW total capacity including 1,259.5 MW in pipeline projects, and has begun converting mining sites into AI datacenters. AI infrastructure and AI cloud revenue was US$6.8 million in 2025 and remains at an early stage.
Bitdeer has financed growth through multiple convertible note issuances totaling over US$1.5 billion between 2024 and 2026 and two equity offerings, while partially repurchasing its 2029 notes. The filing emphasizes significant risks around power availability and pricing, regulatory changes in crypto and AI, supply constraints for GPUs and mining rigs, and intense competition from larger cloud and mining players.
Bitdeer Technologies Group Chief Technology Officer Ma Yuling reports existing option holdings for Ordinary Shares. The filing shows two share option awards, each covering 150,000 underlying Ordinary Shares. One has an exercise price of $8.96 per share and expires on April 1, 2035, and the other has an exercise price of $11.30 per share and expires on July 1, 2035.
Each option is subject to a 5-year vesting schedule, with 20% of the shares vesting on each anniversary of the respective April 1, 2025 and July 1, 2025 grant dates, conditioned on continued service and, for one grant, additional performance and contribution factors.
Shinning Stone Invest Co., Ltd. and its owner Zhaofeng Zhao filed Amendment No. 2 to their Schedule 13D on Bitdeer Technologies Group, reporting a private transfer of 5,500,000 Class A ordinary shares to Amazing Radiant Limited for no consideration as part of Mr. Zhao’s estate planning.
Following this transfer, they report beneficial ownership of 9,402,764 Class A ordinary shares, representing 4.92% of Bitdeer’s Class A ordinary shares and 1.48% of aggregate voting power, based on share counts outstanding as of December 31, 2025. As of April 17, 2026, they ceased to be beneficial owners of more than 5% of the Class A ordinary shares.
Bitdeer Technologies Group released an operations update for March 2026 showing rapid growth in both AI and Bitcoin infrastructure. AI cloud annual recurring revenue reached approximately $43 million, a 105% increase month over month, supported by 2,128 deployed GPUs with a 94% utilization rate.
On the crypto side, total self-mining hash rate was about 70 EH/s, a 504% increase year over year, with 661 BTC mined in March and total hash rate under management of 78.1 EH/s. The company now has a combined online and pipeline global electrical capacity of about 3.0 GW across sites in the U.S., Norway, Bhutan, Ethiopia, Malaysia, and other locations, and is negotiating tenant contracts for its colocation AI data center in Tydal, Norway.
Bitdeer Technologies Group Schedule 13G/A Amendment No. 3 reports that Golden Navigate Investments Limited and related reporting person beneficially own 9,193,115 Class A ordinary shares, representing 4.8% of the Class A shares outstanding. The percentage is calculated using 191,152,162 Class A shares outstanding as of December 31, 2025. The filing is an exit filing stating the reporting persons' beneficial ownership fell below 5% following a disposition.
Bitdeer Technologies Group director Yang Guang George reports his equity holdings, including share options and common shares. He holds options over 10,669 Class A Ordinary Shares at an exercise price of $7.03 per share expiring on July 1, 2033, 9,443 shares at $10.59 expiring on July 1, 2034, and 8,850 shares at $11.30 expiring on July 1, 2035. He also directly owns 3,556 Class A Ordinary Shares, which the footnotes state were acquired by exercising part of options granted on July 1, 2023. The options granted in 2023, 2024, and 2025 each vest in four equal annual installments of 25% on the anniversary of their respective grant dates, subject to his continued service.
Bitdeer Technologies Group director Sheldon Trainor-Degirolamo reported his updated holdings. He holds 9,472 Class A Ordinary Shares, including shares acquired by exercising options granted in 2023 and 2024. He also holds share options over 7,113, 7,083, and 8,850 Class A shares at exercise prices of $7.03, $10.59, and $11.30, expiring in 2033, 2034, and 2035. These options vest in four equal annual installments of 25% on each anniversary of their respective July 1 grant dates, contingent on his continued service.
Bitdeer Technologies Group CFO Jianchun Liu reported existing holdings of share options for Class A Ordinary Shares. These include options over 300,300 shares at an exercise price of $3.50 per share expiring on August 1, 2031, 12,012 shares at $3.50 expiring on January 1, 2032, and 50,000 shares at $6.96 expiring on April 1, 2034.
According to the footnotes, 252,252 shares under the first option are vested and exercisable, with 48,048 more scheduled to vest on January 1, 2027, subject to continued service. All shares under the second option are vested and exercisable, while the third option vests 20% on April 1, 2025 and the remaining 80% in four equal annual installments, also subject to continued service.
Bitdeer Technologies Group Chief Technology Officer Ma Yuling filed an initial ownership report on Form 3. The filing lists Ma Yuling as an officer but does not report any insider transactions or holdings in this submission, serving as a baseline disclosure of insider status at the company.
Bitdeer Technologies Group director and COO Chao Suo filed an initial Form 3 reporting holdings of four share option awards over Class A Ordinary Shares. The options have exercise prices of $3.50 and $6.96, with expiration dates ranging from 2031 to 2034.
Footnotes state that for one option, a portion of the shares is already vested and the remainder is scheduled to vest on January 1, 2027, another option is fully vested, and a further grant vests 20% on April 1, 2025 and 20% annually on April 1 in each of the four subsequent years, subject to continued service.