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

Bitdeer Technologies' shares resumed trading but were halted again due to a circuit breaker, this time to the upside. The stock is now down by 31.7%.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 4:51 pm

Bitdeer Technologies' shares have been halted on a circuit breaker due to a significant drop in the stock price, which is now down by 20.7%.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 4:28 pm

During Wednesday's intraday session, several IT stocks experienced significant movements. AgileThought (AGIL), Soluna Holdings (SLNH, SLNHP), and ClearSign Technologies (CLIR) saw their shares rise by 30.0%, 13.14%, 11.46%, and 8.7% respectively. On the other hand, E2open Parent Holdings (ETWO), Intrusion (INTZ), CISO Global (CISO), Bitdeer Technologies (BTDR), Maris Tech (MTEK), and Mobilicom (MOB) saw their shares fall by 47.0%, 21.37%, 13.76%, 13.71%, 13.05%, and 12.69% respectively.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 5:31 pm

Bitdeer reported a 25.8% increase in the number of Bitcoin mined through its self-mining business in September compared to the previous month. The number of Bitcoin mined almost tripled year over year to 482 Bitcoins.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 9:04 pm

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 5:16 pm

Several information technology stocks experienced significant movement in Monday's pre-market session. MariaDB (MRDB), ClearOne (CLRO), Intrusion (INTZ), Greenidge Generation Hldg (GREE), Stronghold Digital Mining (SDIG), and TeraWulf (WULF) saw their stocks rise, while FOXO Technologies (FOXO), Inuvo (INUV), Bitdeer Technologies (BTDR), Soluna Holdings (SLNH), Cepton (CPTN), and Akerna (KERN) experienced a decline in their stock prices.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 1:05 pm

During Friday's intraday session, several information technology stocks experienced significant movements. Gainers included NOVONIX (NVX), Airspan Networks Hldgs (MIMO), Verb Tech (VERB), Bitdeer Technologies (BTDR), Cepton (CPTN), and Semantix (STIX). Losers included RF Industries (RFIL), Mitek Systems (MITK), Iris Energy (IREN), DatChat (DATS), SEALSQ (LAES), and Rubicon Technologies (RBT).

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 5:31 pm

Bitdeer Technologies Group (NASDAQ:BTDR) announced its unaudited mining and operations updates for August 2023, revealing that it mined 383 Bitcoins through its self-mining business, representing annual and monthly increases of 124.0% and 74.1%, respectively. The company's Gedu Datacenter entered full operations with approximately 30,000 mining machines energized, boosting the company's aggregate electrical capacity by 100MW and adding approximately 3.3EH/s to its proprietary hash rate.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 12:38 pm

HC Wainwright & Co. analyst Mike Colonnese has initiated coverage on Bitdeer Technologies (NASDAQ:BTDR) with a Buy rating and a price target of $20.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 10:32 am

Several stocks experienced significant price movements in Friday's mid-day session. Amyris, Inc. (AMRS) and Proterra Inc. (PTRA) both filed for Chapter 11 bankruptcy, causing their shares to jump 179.1% and 37% respectively. Rigetti Computing, Inc. (RGTI), Telesat Corporation (TSAT), Ouster, Inc. (OUST), Evolv Technologies Holdings, Inc. (EVLV), Innodata Inc. (INOD), Apyx Medical Corporation (APYX), IonQ, Inc. (IONQ), 2U, Inc. (TWOU), Groupon, Inc. (GRPN), Bitdeer Technologies Group (BTDR), MicroCloud Hologram Inc. (HOLO), Tango Therapeutics, Inc. (TNGX), Eton Pharmaceuticals, Inc. (ETON), ModivCare Inc. (MODV), WeWork Inc. (WE), Arco Platform Limited (ARCE), Semler Scientific, Inc. (SMLR), Soho House & Co Inc. (SHCO), CleanSpark, Inc. (CLSK), Consolidated Water Co. Ltd. (CWCO), Apellis Pharmaceuticals, Inc. (APLS), Pagaya Technologies Ltd. (PGY), Erasca, Inc. (ERAS), NextNav Inc. (NN), and Holley Inc. (HLLY) all reported better-than-expected results, causing their shares to rise. Cano Health, Inc. (CANO) reported worse-than-expected results and is pursuing a sale process, causing its shares to dip 70.7%. Yield10 Bioscience, Inc. (YTEN) announced pricing of a $3.7 million public offering, causing its shares to fall 58.1%. Maxeon Solar Technologies, Ltd. (MAXN) reported mixed results and issued FY23 revenue guidance below estimates, causing its shares to fall 32%.

Portfolio Pulse from Lisa Levin

August 11, 2023 | 5:47 pm

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