Streetbeat News

BTDR

Bitdeer Technologies Group

https://www.bitdeer.com

Industry

Software - Application

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.

Open

8.89

Mkt cap

1.3B

Volume

3.4M

High

9.53

P/E Ratio

-42.67

52-wk high

14.27

Low

8.69

Div yield

N/A

52-wk low

3.56

In Monday's intraday session, several information technology stocks experienced significant movements. Gainers included Signing Day Sports (SGN), Infobird Co (IFBD), Inuvo (INUV), WaveDancer (WAVD), SecureWorks (SCWX), and Movano (MOVE), with increases ranging from 12.7% to 44.9%. Conversely, BTCS (BTCS), Bitdeer Technologies (BTDR), Stronghold Digital Mining (SDIG), TeraWulf (WULF), The9 (NCTY), and SMX (Security Matters) (SMX) were among the losers, with declines between 19.32% and 29.7%.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 5:30 pm

Fisker Inc. (NYSE:FSR) shares surged over 20% after the company reported a 300% increase in deliveries from Q3 to Q4, with total deliveries around 4,700, primarily of the Fisker Ocean One launch edition. Other stocks also showed significant movement in Friday's mid-day session, with notable gainers and losers across various sectors.

Portfolio Pulse from Avi Kapoor

December 29, 2023 | 6:03 pm

In Friday's intraday trading session, several information technology stocks experienced significant movements. Infobird Co, WaveDancer, and Taoping saw their stocks rise by over 19%, while Bitdeer Technologies, Stronghold Digital Mining, DatChat, TeraWulf, Mawson Infra Gr, and Iris Energy faced sharp declines, with Bitdeer Technologies dropping by 28.2%. These movements reflect notable volatility in the IT sector, with market capitalizations ranging from a few million to over a billion dollars.

Portfolio Pulse from Benzinga Insights

December 29, 2023 | 5:30 pm

Portfolio Pulse from Benzinga Newsdesk

December 29, 2023 | 4:48 pm

Global Mofy Metaverse Limited (GMM) shares plummeted by 37.2% after announcing a $10 million follow-on offering. Other stocks also experienced declines, including Canaan Inc., Bitdeer Technologies Group, TeraWulf Inc., Applied Optoelectronics, Inc., and several others. Notably, Hut 8 Corp. received court approval to proceed with mining operations amid Celsius Network's bankruptcy, and Coinbase Global's director sold over 100k shares. Lyft shares dropped after a Nomura downgrade and insider selling by the CAO.

Portfolio Pulse from Avi Kapoor

December 29, 2023 | 3:45 pm

In Thursday's pre-market session, several information technology stocks showed significant movement. LAES led the gainers with a 92.2% rise, while ARBB experienced the largest drop among the losers, declining by 8.2%. Other notable gainers include FKWL, WULF, BTDR, QMCO, and GREE. On the losing side, BTCT, CLSK, KERN, SDIG, and SAI also saw their share prices fall.

Portfolio Pulse from Benzinga Insights

December 28, 2023 | 1:06 pm

In Thursday's pre-market session, several stocks are moving higher despite mixed U.S. stock futures, with the Dow Jones futures down about 40 points. Altice USA, Inc. (ATUS) saw a significant rise of 14.4% after a 12% gain on Wednesday. TeraWulf Inc. (WULF) continued its upward trend with a 10.8% increase following a 30% gain. Nurix Therapeutics, Inc. (NRIX), HIVE Digital Technologies Ltd. (HIVE), and Bit Digital, Inc. (BTBT) all saw pre-market gains, with BTBT rising due to an expansion of its Bitcoin mining fleet and a surge in Bitcoin's price. Cipher Mining Inc. (CIFR) also benefited from the Bitcoin price increase, rising 6.3%. Bilibili Inc. (BILI), Bitdeer Technologies Group (BTDR), and Maxeon Solar Technologies, Ltd. (MAXN) each saw pre-market gains of around 4.9%.

Portfolio Pulse from Avi Kapoor

December 28, 2023 | 10:41 am

In Wednesday's intraday session, several IT stocks experienced significant movements. Greenidge Generation Holdings (GREE) led the gainers with a 28.1% increase, while MicroAlgo (MLGO) saw the largest decline among the losers, dropping 27.7%. Other notable gainers include Saverone 2014 (SVRE), SAI.TECH Global (SAI), Bitdeer Technologies (BTDR), BTCS (BTCS), and Mercurity Fintech Holding (MFH). On the losing side, ComSovereign Holding (COMSP), Ebix (EBIX), Universal Security (UUU), ARB IOT Group (ARBB), and Oblong (OBLG) also saw their share prices fall.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 5:31 pm

During Tuesday's intraday session, several information technology stocks experienced significant movements. ARB IOT Group (ARBB) saw a substantial increase of 281.1%, while Saverone 2014 (SVRE), Universal Security (UUU), Alpha Technology Group (ATGL), Bitdeer Technologies (BTDR), and Sigma Additive Solutions (SASI) also gained. Conversely, ComSovereign Holding (COMSP), Peraso (PRSO), Infobird Co (IFBD), BTC Digital (BTCT), DZS (DZSI), and MariaDB (MRDB) faced declines.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 5:31 pm

Bitdeer Technologies Group (NASDAQ:BTDR) stock has risen over 50% in the past five sessions, with a significant increase in trading volume. The company reported mining 403 Bitcoins in November, an 81.5% year-over-year increase. The stock's surge is also attributed to the ongoing Bitcoin rally and anticipation of a spot Bitcoin ETF approval. Bitdeer's stock is up more than 175% over the past month.

Portfolio Pulse from Erica Kollmann

December 26, 2023 | 5:07 pm

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