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 Tuesday's pre-market session, several information technology stocks showed significant movement. UTime (WTO), Frequency Electronics (FEIM), Rubicon Technologies (RBT), Ondas Holdings (ONDS), WiSA Technologies (WISA), and Boxlight (BOXL) experienced gains, while AgileThought (AGIL), Oblong (OBLG), SEALSQ (LAES), Couchbase (BASE), Bitdeer Technologies (BTDR), and VMware (VMW) saw declines. Market capitalizations were also noted, indicating the size of each company.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 1:06 pm

In Monday's intraday session, several IT stocks experienced significant movements. Soluna Holdings (SLNH) saw a 31.7% increase after their Q3 earnings report. Bitdeer Technologies (BTDR) rose 16.99%, with high trading volume. Alpha Technology Group (ATGL) gained 16.41%, also with notable trading volume. Glimpse Group (VRAR) went up by 15.94% following their Q1 earnings release. Ondas Holdings (ONDS) increased by 14.3% after their Q3 earnings. Bit Origin (BTOG) shares rose 13.0%. On the losing side, ReAlpha Tech Corp (AIRE) dropped 24.2%, Powerbridge Technologies (PBTS) fell 17.01%, Soluna Holdings' preferred shares (SLNHP) declined 13.34%, VIA optronics (VIAO) decreased by 12.07%, SEALSQ (LAES) fell 10.09%, and Alpine 4 Holdings (ALPP) went down by 9.74%.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 5:31 pm

Apple is expected to allow EU iPhone users to sideload apps, which could increase phishing risks for crypto users, according to blockchain security firms. The move is in response to the EU's Digital Markets Act. Security experts warn of the potential for phishing attacks, asset theft, and password theft. Apple has previously warned about the dangers of sideloading apps. Bitcoin saw a price increase of 3% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

November 16, 2023 | 5:07 am

Shapeways Holdings, Inc. (SHPW) shares dropped by approximately 20% following the release of disappointing financial results, with an adjusted loss per share and quarterly sales both missing market expectations. Other stocks experienced significant movement in Wednesday's mid-day session, with various companies reporting financial results, FDA designations, and potential acquisition interest.

Portfolio Pulse from Lisa Levin

November 15, 2023 | 7:04 pm

In Wednesday's intraday session, several information technology stocks experienced significant movements. CISO Global's stock surged by 63.7% following its Q3 earnings report two days ago. Ebix and Blackboxstocks also saw gains of 24.79% and 21.21%, respectively, after their Q3 earnings releases. Atomera, Akoustis Technologies, and Alpha Technology Group experienced upward movements as well. Conversely, Intrusion, Bitdeer Technologies, Arqit Quantum, Duos Technologies Group, Peraso, and MicroAlgo faced declines, with some linked to their recent Q3 earnings reports.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 5:31 pm

Bitdeer, a cryptocurrency mining company, reported a Q3 total revenue of $87.3 million, marking an increase from $76.6 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:54 pm

Bitdeer Technologies is set to launch Bitdeer AI Cloud, powered by NVIDIA DGX SuperPOD with DGX H100 systems, in the Asia region.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 6:06 am

Bitdeer Technologies Group (NASDAQ:BTDR) announced its unaudited mining and operations updates for October 2023, revealing a 173.4% increase in Bitcoin mined compared to October 2022. The company's Gedu Datacenter in Bhutan contributed to this strong performance, providing a 3.3EH/s hash rate and mining 211 Bitcoins. Bitdeer is also advancing the construction of a 175MW immersion cooling datacenter at its Tydal, Norway mining facility, expected to be completed in 2025.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 1:32 pm

During Friday's intraday session, several information technology stocks experienced significant movements. BIO-key Intl (BKYI), Bitdeer Technologies (BTDR), Wrap Technologies (WRAP), Intel (INTC), Crexendo (CXDO), and Mercurity Fintech Holding (MFH) saw their stocks rise, with BIO-key Intl leading the gainers with a 32.9% increase. On the other hand, ACM Research (ACMR), Tempo Automation Holdings (TMPO), Addvantage Technologies (AEY), Enphase Energy (ENPH), Powerbridge Technologies (PBTS), and Verb Tech (VERB) experienced a decrease in their stock prices, with ACM Research leading the losers with an 18.9% decrease.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 5:30 pm

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