Bitdeer Technologies Group (BTDR)Technology | Software - Application | Singapore, Singapore | NasdaqCM
10.32 USD
-1.01
(-8.914%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 10.32 |
Hot Take ↕ | Aug. 22, 2026, 1:14 a.m. EDT
The investment case here is defined by a stark disconnect between the company's operational reality and its financial health. On the operational side, the business is executing well, boasting a 47% revenue surge and record Bitcoin output, which justifies the recent price recovery. However, the financials remain deeply distressed with negative operating margins, significant debt loads, and no free cash flow generation. The market is pricing this as a high-risk speculative vehicle rather than a stable technology play. Regarding the short-term outlook, the stock is currently flat relative to its moving averages, showing no clear momentum edge despite the recent volatility. The options data confirms this uncertainty; traders are buying insurance against a crash while simultaneously betting on a moonshot, creating a volatile environment unsuitable for a directional trade without a catalyst. Long-term, the multi-year trajectory shows a net gain, but the path has been jagged, reflecting the cyclical nature of the crypto mining sector. The lack of dividends and the heavy reliance on external commodity prices mean there is no floor to the stock price other than bankruptcy risk if Bitcoin cycles turn. The analyst consensus is optimistic, but given the negative earnings and high beta, this optimism feels priced in and fragile. Until the company demonstrates consistent profitability or a massive reduction in leverage, the risk-reward profile remains skewed toward caution. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.401125 |
| AutoETS | 0.401810 |
| AutoTheta | 0.407707 |
| MSTL | 0.434581 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 29% |
| H-stat | 9.74 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.360 |
| Excess Kurtosis | -0.82 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 177.028 |
| Revenue per Share | 3.554 |
| Market Cap | 2,804,792,576 |
| Forward P/E | -30.35 |
| Beta | 2.51 |
| Profit Margins | -28.14% |
| Website | https://www.bitdeer.com |
As of Aug. 22, 2026, 1:14 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional move. Call volume is heavily skewed toward deep out-of-the-money strikes (16.0, 30.0), while put volume concentrates in the money (18.0, 26.0). This 'long gamma' setup suggests traders expect a massive gap up or down, likely driven by Bitcoin price action, rather than a steady grind higher. The massive implied volatility spikes on deep strikes confirm this binary event expectation.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.2752809 |
| Address1 | No. 09-03/04, Aperia tower 1 |
| Address2 | 08 Kallang Avenue |
| All Time High | 27.8 |
| All Time Low | 2.77 |
| Ask | 10.3 |
| Ask Size | 5 |
| Average Analyst Rating | 1.4 - Strong Buy |
| Average Daily Volume10 Day | 16,331,760 |
| Average Daily Volume3 Month | 12,182,884 |
| Average Volume | 12,182,884 |
| Average Volume10Days | 16,331,760 |
| Beta | 2.514 |
| Bid | 9.0 |
| Bid Size | 1 |
| Book Value | 4.058 |
| City | Singapore |
| Country | Singapore |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 10.32 |
| Current Ratio | 1.006 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 11.06 |
| Day Low | 10.075 |
| Debt To Equity | 177.028 |
| Display Name | Bitdeer |
| Earnings Call Timestamp End | 1,786,363,200 |
| Earnings Call Timestamp Start | 1,786,363,200 |
| Earnings Timestamp | 1,786,365,000 |
| Earnings Timestamp End | 1,794,227,400 |
| Earnings Timestamp Start | 1,794,227,400 |
| Ebitda | 484,771,008 |
| Ebitda Margins | 0.59682 |
| Enterprise To Ebitda | 8.862 |
| Enterprise To Revenue | 5.289 |
| Enterprise Value | 4,296,206,848 |
| Eps Current Year | -1.548 |
| Eps Forward | -0.34 |
| Eps Trailing Twelve Months | -1.74 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 12.1369 |
| Fifty Day Average Change | -1.8169003 |
| Fifty Day Average Change Percent | -0.14970052 |
| Fifty Two Week Change Percent | -27.52809 |
| Fifty Two Week High | 27.8 |
| Fifty Two Week High Change | -17.48 |
| Fifty Two Week High Change Percent | -0.62877697 |
| Fifty Two Week Low | 6.916 |
| Fifty Two Week Low Change | 3.4039998 |
| Fifty Two Week Low Change Percent | 0.492192 |
| Fifty Two Week Range | 6.916 - 27.8 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,627,479,000,000 |
| Float Shares | 160,329,782 |
| Forward Eps | -0.34 |
| Forward P E | -30.35294 |
| Free Cashflow | 16,953,624 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 471 |
| Fullday Change | -1.01 |
| Fullday Change Percent | -8.91439 |
| Fullday Price | 10.32 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.00667 |
| Gross Profits | 5,414,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.29294002 |
| Held Percent Institutions | 0.71857 |
| Implied Shares Outstanding | 271,782,245 |
| 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 | 2,804,792,576 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1801200348 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -228,586,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 3,079,292,835 |
| Number Of Analyst Opinions | 13 |
| Open | 11.06 |
| Operating Cashflow | -1,622,070,016 |
| Operating Margins | -0.42455003 |
| Payout Ratio | 0.0 |
| Phone | 65 6282 8220 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 10.32 |
| Post Market Time | 1,787,961,420 |
| Previous Close | 11.33 |
| Price Eps Current Year | -6.6666665 |
| Price Hint | 2 |
| Price To Book | 2.5431247 |
| Price To Sales Trailing12 Months | 3.453085 |
| Profit Margins | -0.28142 |
| Quick Ratio | 0.606 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.38462 |
| Region | US |
| Regular Market Change | -1.01 |
| Regular Market Change Percent | -8.91439 |
| Regular Market Day High | 11.06 |
| Regular Market Day Low | 10.075 |
| Regular Market Day Range | 10.075 - 11.06 |
| Regular Market Open | 11.06 |
| Regular Market Previous Close | 11.33 |
| Regular Market Price | 10.32 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 13,526,232 |
| Return On Assets | 0.03921 |
| Return On Equity | -0.25264 |
| Revenue Growth | 0.471 |
| Revenue Per Share | 3.554 |
| Sand P52 Week Change | 0.20204377 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Shares Outstanding | 227,382,323 |
| Shares Percent Shares Out | 0.2091 |
| Shares Short | 56,828,699 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 56,954,361 |
| Short Name | Bitdeer Technologies Group |
| Short Percent Of Float | 0.31 |
| Short Ratio | 4.76 |
| Source Interval | 15 |
| Symbol | BTDR |
| Target High Price | 35.0 |
| Target Low Price | 10.0 |
| Target Mean Price | 21.76923 |
| Target Median Price | 21.0 |
| Total Cash | 460,865,984 |
| Total Cash Per Share | 1.696 |
| Total Debt | 1,952,280,064 |
| Total Revenue | 812,257,024 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -1.74 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 12.018875 |
| Two Hundred Day Average Change | -1.6988754 |
| Two Hundred Day Average Change Percent | -0.14135061 |
| Type Disp | Equity |
| Volume | 13,526,232 |
| Website | https://www.bitdeer.com |
| Zip | 339,509 |