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

11.12

Mkt cap

1.6B

Volume

4.4M

High

11.13

P/E Ratio

-55.45

52-wk high

14.27

Low

10.51

Div yield

N/A

52-wk low

3.90

Analysts have mixed views on Bitdeer Technologies (NASDAQ:BTDR) with 7 analysts providing ratings over the past three months. The average 12-month price target is $15.86, reflecting a 4.34% increase from the previous target. Analysts have recently raised their price targets, indicating a positive outlook.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 5:01 pm

Benchmark analyst Mark Palmer maintains a Buy rating on Bitdeer Technologies (NASDAQ:BTDR) and raises the price target from $13 to $16.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 3:13 pm

Shares of crypto-linked stocks are trading lower amid a drop in the price of Bitcoin.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 5:09 pm

Shares of crypto-linked stocks are trading higher after Bitcoin rose above $62,000.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 10:20 am

Tesla is on an 8-day winning streak with a 36% increase, outperforming the Nasdaq 100's 4% rise. Gary Black predicts the streak could extend to 9 days. Other 'Magnificent 7' stocks like Apple, Amazon, Meta, Alphabet, Microsoft, and Nvidia also saw gains. Analysts may revise Tesla's earnings estimates and price targets positively. Despite bullish sentiment, some analysts remain skeptical about Tesla's valuation.

Portfolio Pulse from Benzinga Neuro

July 08, 2024 | 2:17 am

NIO Inc. (NYSE:NIO) shares fell 8.5% after the resignation of CFO Steven Wei Feng. Other notable movers include Qualigen Therapeutics, Inc. (NASDAQ:QLGN) up 120%, Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) up 70.5%, and Macy’s, Inc. (NYSE:M) up 10.4% due to an increased acquisition bid. XPeng Inc. (NYSE:XPEV) declined 10% after announcing vehicle delivery figures.

Portfolio Pulse from Avi Kapoor

July 05, 2024 | 4:59 pm

Several major stocks, including Bitfarms, TeraWulf, and Applied Digital, are experiencing significant declines in Friday's pre-market session. The declines are largely attributed to a drop in Bitcoin prices and company-specific updates.

Portfolio Pulse from Avi Kapoor

July 05, 2024 | 3:01 pm

Shares of crypto-linked stocks are trading lower amid weakness in Bitcoin.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

Shares of Sharps Technology, Inc. (NASDAQ:STSS) surged 31.7% in pre-market trading after receiving two purchase orders for approximately one million SecureGard syringes for 2024 delivery. Other notable pre-market movers include Qualigen Therapeutics, Inc. (NASDAQ:QLGN) up 53%, Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) up 18.7%, and Adamas One Corp. (NASDAQ:JEWL) down 19.3%.

Portfolio Pulse from Avi Kapoor

July 05, 2024 | 3:01 pm

Bitdeer Technologies Group (NASDAQ: BTDR) announced its June 2024 production and operations update, highlighting significant achievements in Bitcoin mining, power capacity expansion, and ASIC development. The company mined 179 Bitcoin, expanded its global contracted power capacity to 2.5 GW, and made advancements in its SEALMINER technology roadmap.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 1:13 pm

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