Bitdeer Technologies Group (BTDR)Technology | Software - Application | Singapore, Singapore | NasdaqCM
12.36 USD
+0.23
(1.896%)
⇧
(July 14, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 4:46 a.m. EDT
The investment case for Bitdeer is currently fractured by a severe disconnect between its operational reality and its capital structure. While the company boasts impressive top-line growth of nearly 170%, the bottom line remains deeply distressed with negative operating margins and a massive debt load that dwarfs its cash reserves. This fundamental fragility is being priced in by the market, which has seen the stock trade off its highs significantly. The options market confirms this pessimism, with traders loading up on deep out-of-the-money puts, betting on a continued decline or a failed recovery attempt. Although analysts maintain bullish targets, the lack of a dividend, the high beta, and the precarious balance sheet suggest that any rally is likely to be a volatile trap rather than a sustainable trend. For now, the risk of further dilution or a liquidity crunch outweighs the potential for immediate recovery. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.152917 |
| MSTL | 0.156752 |
| AutoETS | 0.156950 |
| AutoARIMA | 0.156953 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 34% |
| H-stat | 1.42 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.167 |
| Excess Kurtosis | -1.35 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 277.856 |
| Revenue per Share | 3.43 |
| Market Cap | 3,007,356,672 |
| Forward P/E | -34.82 |
| Beta | 2.47 |
| Profit Margins | -26.96% |
| Website | https://www.bitdeer.com |
As of July 11, 2026, 4:46 a.m. EDT: Speculators are aggressively positioning for a downside move, evidenced by massive put volume and open interest relative to calls. Deep out-of-the-money puts show significant volume spikes, while call activity is concentrated near the money with heavy open interest walls at strikes like 19 and 20, suggesting a 'cap' on upside rather than a breakout expectation. The implied volatility skew favors downside protection.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.08444446 |
| Address1 | No. 09-03/04, Aperia tower 1 |
| Address2 | 08 Kallang Avenue |
| All Time High | 27.8 |
| All Time Low | 2.77 |
| Ask | 15.52 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 9,733,920 |
| Average Daily Volume3 Month | 9,586,562 |
| Average Volume | 9,586,562 |
| Average Volume10Days | 9,733,920 |
| Beta | 2.468 |
| Bid | 8.97 |
| Bid Size | 2 |
| Book Value | 3.128 |
| City | Singapore |
| Country | Singapore |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 12.36 |
| Current Ratio | 1.849 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 12.78 |
| Day Low | 12.05 |
| Debt To Equity | 277.856 |
| Display Name | Bitdeer |
| Earnings Call Timestamp End | 1,778,760,000 |
| Earnings Call Timestamp Start | 1,778,760,000 |
| Earnings Timestamp | 1,778,761,800 |
| Earnings Timestamp End | 1,778,761,800 |
| Earnings Timestamp Start | 1,778,761,800 |
| Ebitda | 461,583,008 |
| Ebitda Margins | 0.62456 |
| Enterprise To Ebitda | 10.07 |
| Enterprise To Revenue | 6.289 |
| Enterprise Value | 4,647,950,336 |
| Eps Current Year | -1.455 |
| Eps Forward | -0.355 |
| Eps Trailing Twelve Months | -1.67 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 15.4815 |
| Fifty Day Average Change | -3.1215 |
| Fifty Day Average Change Percent | -0.20162776 |
| Fifty Two Week Change Percent | -8.444447 |
| Fifty Two Week High | 27.8 |
| Fifty Two Week High Change | -15.44 |
| Fifty Two Week High Change Percent | -0.55539566 |
| Fifty Two Week Low | 6.916 |
| Fifty Two Week Low Change | 5.444 |
| Fifty Two Week Low Change Percent | 0.78716016 |
| Fifty Two Week Range | 6.916 - 27.8 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,627,479,000,000 |
| Float Shares | 126,534,015 |
| Forward Eps | -0.355 |
| Forward P E | -34.816902 |
| Free Cashflow | -736,072,640 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 471 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.03507 |
| Gross Profits | 25,921,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.33473998 |
| Held Percent Institutions | 0.70851 |
| Implied Shares Outstanding | 243,313,653 |
| Industry | Software - Application |
| Industry Disp | Software - Application |
| Industry Key | software-application |
| Ipo Expected Date | 2,023-04-14 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Bitdeer Technologies Group operates as a technology company for blockchain and high-performance computing (HPC) in Singapore, the United States, Bhutan, Norway, Finland, Ethiopia, Canada, and internationally. The company offers hash rate sharing solutions, including cloud hash rate and hash-rate subscription plans; and a one-stop mining rig hosting solution comprising deployment, maintenance, and management services for cryptocurrency mining; as well as mining cryptocurrencies for its own account. It also operates mining datacenters to generate hash rates; handles various processes involved in computing, such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations; and sells mining rigs. In addition, the company offers Minerplus, a software platform that offers software support to reduce time needed for daily maintenance and mining rig upgrade; AI infrastructure and AI cloud business to offer advanced AI cloud capabilities, HPC services and colocation services; and mining solutions under the SEALMINER brand. The company is headquartered in Singapore. |
| Long Name | Bitdeer Technologies Group |
| Market | us_market |
| Market Cap | 3,007,356,672 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1801200348 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -199,244,992 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 3,007,356,750 |
| Number Of Analyst Opinions | 12 |
| Open | 12.48 |
| Operating Cashflow | -1,800,297,984 |
| Operating Margins | -0.43352002 |
| Payout Ratio | 0.0 |
| Phone | 65 6282 8220 |
| Pre Market Change | 0.1600008 |
| Pre Market Change Percent | 1.2945049 |
| Pre Market Price | 12.52 |
| Pre Market Time | 1,784,115,347 |
| Previous Close | 12.13 |
| Price Eps Current Year | -8.494844 |
| Price Hint | 2 |
| Price To Book | 3.9514065 |
| Price To Sales Trailing12 Months | 4.069192 |
| Profit Margins | -0.26959 |
| Quick Ratio | 0.371 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.22999954 |
| Regular Market Change Percent | 1.8961215 |
| Regular Market Day High | 12.78 |
| Regular Market Day Low | 12.05 |
| Regular Market Day Range | 12.05 - 12.78 |
| Regular Market Open | 12.48 |
| Regular Market Previous Close | 12.13 |
| Regular Market Price | 12.36 |
| Regular Market Time | 1,784,059,201 |
| Regular Market Volume | 6,365,431 |
| Return On Assets | 0.06219 |
| Return On Equity | -0.26135 |
| Revenue Growth | 1.694 |
| Revenue Per Share | 3.43 |
| Sand P52 Week Change | 0.2043345 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Shares Outstanding | 198,913,731 |
| Shares Percent Shares Out | 0.2041 |
| Shares Short | 49,665,842 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 52,325,241 |
| Short Name | Bitdeer Technologies Group |
| Short Percent Of Float | 0.3207 |
| Short Ratio | 4.45 |
| Source Interval | 15 |
| Symbol | BTDR |
| Target High Price | 35.0 |
| Target Low Price | 15.0 |
| Target Mean Price | 22.64167 |
| Target Median Price | 21.85 |
| Total Cash | 265,455,008 |
| Total Cash Per Share | 1.137 |
| Total Debt | 2,028,668,032 |
| Total Revenue | 739,054,976 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -1.67 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 13.753075 |
| Two Hundred Day Average Change | -1.393075 |
| Two Hundred Day Average Change Percent | -0.101291895 |
| Type Disp | Equity |
| Volume | 6,365,431 |
| Website | https://www.bitdeer.com |
| Zip | 339,509 |