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.
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Insights
Holder reports sub-5% position after disposition; ownership now 4.8% of Class A shares.
The filing states Golden Navigate Investments Limited and Mr. Yishuo Hu each beneficially own 9,193,115 Class A shares, based on 191,152,162 shares outstanding as of December 31, 2025. The Amendment No. 3 characterizes this as an exit filing after a disposition.
Disclosure shows ownership structure: shares are held by Golden Navigate, owned by Blessing Surplus Limited and managed by a trustee for The Zizai Trust; Mr. Hu is settlor and can direct the trustee. Timing and proceeds of the disposition are not provided in the excerpt.
Key Figures
Holder shares:9,193,115 sharesPercent of class:4.8%Shares outstanding:191,152,162 shares+2 more
5 metrics
Holder shares9,193,115 sharesowned by Golden Navigate / Yishuo Hu
Percent of class4.8%percent of Class A shares outstanding
Shares outstanding191,152,162 sharesClass A outstanding as of December 31, 2025
Filing typeAmendment No. 3, Schedule 13G/Aexit filing after disposition
"constitutes an exit filing for the Reporting Persons"
settlorlegal
"Mr. Yishuo Hu is the settlor of the Trust"
beneficially ownedfinancial
"percentage of Class A ordinary shares beneficially owned is based on"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
prospectus supplementregulatory
"as reported in the Issuer's prospectus supplement filed with the"
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)
Bitdeer Technologies Group
(Name of Issuer)
Class A ordinary shares, par value $0.0000001 per share
(Title of Class of Securities)
G11448100
(CUSIP Number)
04/01/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G11448100
1
Names of Reporting Persons
Golden Navigate Investments Ltd
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
VIRGIN ISLANDS, BRITISH
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
9,193,115.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
9,193,115.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
9,193,115.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.8 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: (1) Represents 9,193,115 Class A ordinary shares, par value US$0.0000001 per share, directly held by Golden Navigate Investments Limited ("Golden Navigate"). Golden Navigate is a British Virgin Islands company wholly owned by Blessing Surplus Limited, a company incorporated in the British Virgin Islands, which is wholly owned and managed by VISTRA Trust (Hong Kong) Limited as trustee (the "Trustee") of The Zizai Trust, a Hong Kong reserved powers trust (the "Trust"). Mr. Yishuo Hu is the settlor of the Trust and Mr. Hu and his family members are the beneficiaries of the Trust. Under the terms of the Trust, Mr. Hu has the power to direct the Trustee with respect to the retention or disposal of, and the exercise of any voting and other rights attached to the shares held by Golden Navigate in the Issuer.
(2) The percentage of Class A ordinary shares beneficially owned is based on a total of 191,152,162 Class A ordinary shares of the Issuer outstanding as of December 31, 2025, as reported in the Issuer's prospectus supplement filed with the Securities and Exchange Commission on February 23, 2026 (Registration No. 333-283732).
(3) This Amendment No. 3 is being filed to report a disposition of Class A ordinary shares that resulted in the Reporting Persons' beneficial ownership falling below 5% of the outstanding Class A ordinary shares of the Issuer and therefore constitutes an exit filing for the Reporting Persons.
SCHEDULE 13G
CUSIP Number(s):
G11448100
1
Names of Reporting Persons
Yishuo Hu
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CHINA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
9,193,115.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
9,193,115.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
9,193,115.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.8 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: (4) Represents 9,193,115 Class A ordinary shares, par value US$0.0000001 per share, directly held by Golden Navigate. Golden Navigate is wholly owned and managed by the Trust, for which Mr. Yishuo Hu is the settlor and Mr. Hu and his family members are the beneficiaries. Under the terms of the Trust, Mr. Hu has the power to direct the trustee with respect to the retention or disposal of, and the exercise of any voting and other rights attached to, the shares held by Golden Navigate in the Issuer.
(5) The percentage of Class A ordinary shares beneficially owned is based on a total of 191,152,162 Class A ordinary shares of the Issuer outstanding as of December 31, 2025, as reported in the Issuer's prospectus supplement filed with the Securities and Exchange Commission on February 23, 2026 (Registration No. 333-283732).
(6) This Amendment No. 3 is being filed to report a disposition of Class A ordinary shares that resulted in the Reporting Persons' beneficial ownership falling below 5% of the outstanding Class A ordinary shares of the Issuer and therefore constitutes an exit filing for the Reporting Persons.
(i) Golden Navigate Investments Limited, and (ii) Yishuo Hu (collectively, the "Reporting Persons").
(b)
Address or principal business office or, if none, residence:
The addresses of the Reporting Persons are:
(i) Golden Navigate Investments Limited: 107 West Coast Vale, #30-11, Singapore 126751
(ii) Yishuo Hu: 107 West Coast Vale, #30-11, Singapore 126751
(c)
Citizenship:
Golden Navigate Investments Limited: British Virgin Islands
Yishuo Hu: Chinese
(d)
Title of class of securities:
Class A ordinary shares, par value $0.0000001 per share
(e)
CUSIP No.:
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Golden Navigate Investments Limited: 9,193,115 class A ordinary shares
Yishuo Hu: 9,193,115 class A ordinary shares
(b)
Percent of class:
Golden Navigate Investments Limited: 4.8%
Yishuo Hu: 4.8%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Golden Navigate Investments Limited: 9,193,115 class A ordinary shares
Yishuo Hu: 9,193,115 class A ordinary shares
(ii) Shared power to vote or to direct the vote:
Golden Navigate Investments Limited: 0 class A ordinary shares
Yishuo Hu: 0 class A ordinary shares
(iii) Sole power to dispose or to direct the disposition of:
Golden Navigate Investments Limited: 9,193,115 class A ordinary shares
Yishuo Hu: 9,193,115 class A ordinary shares
(iv) Shared power to dispose or to direct the disposition of:
Golden Navigate Investments Limited: 0 class A ordinary shares
Yishuo Hu: 0 class A ordinary shares
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What stake does Golden Navigate hold in Bitdeer (BTDR)?
Golden Navigate holds 9,193,115 Class A shares, equal to 4.8% of Class A shares. This percentage is based on 191,152,162 Class A shares outstanding as of December 31, 2025, per the filing's cited prospectus supplement.
Why is Amendment No. 3 being filed for Bitdeer (BTDR)?
The amendment reports a disposition that reduced the reporting persons' beneficial ownership to below 5%. The filing is described as an exit filing because ownership fell under the 5% threshold after the disposition.
Who controls the shares reported by Golden Navigate in Bitdeer?
The shares are directly held by Golden Navigate, which is wholly owned by Blessing Surplus Limited and managed by VISTRA Trust (Hong Kong) Limited as trustee for The Zizai Trust. Mr. Yishuo Hu is the settlor and can direct the trustee.
What is the shares outstanding figure used to calculate the 4.8% for BTDR?
The percentage uses 191,152,162 Class A ordinary shares outstanding as of December 31, 2025, cited from a prospectus supplement referenced in the filing (Registration No. 333-283732).
Does the filing state how much cash was received from the disposition?
The filing does not disclose any sale price or proceeds in the provided excerpt. It only states that a disposition occurred and ownership fell below 5%.
