BTDR Chart
About

Bitdeer Technologies Group operates as a technology company for blockchain and high-performance computing (HPC) in Singapore, the United States, Bhutan, and Norway. The company offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining rig hosting solutions comprising deployment, maintenance, and management services for cryptocurrency mining; as well as mines cryptocurrencies for its own account. It also operates mining datacenters to generate hash rate; 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; and mining solutions under the SEALMINER brand. The company is headquartered in Singapore.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Application Market Cap 2.13B
Enterprise Value 2.79B Income 65.60M Sales 620.25M
Book/sh 3.85 Cash/sh 0.69 Dividend Yield
Payout 0.00% Employees IPO
P/E Forward P/E -1296.85 PEG
P/S 3.43 P/B 2.25 P/C
EV/EBITDA 8.52 EV/Sales 4.50 Quick Ratio 0.13
Current Ratio 0.91 Debt/Eq 126.67 LT Debt/Eq
EPS (ttm) -1.43 EPS next Y -0.01 EPS Growth
Revenue Growth 225.80% Earnings 2026-05-14 ROA 4.58%
ROE 11.46% ROIC Gross Margin 9.83%
Oper. Margin 48.64% Profit Margin 10.58% Shs Outstand 198.59M
Shs Float 115.63M Short Float 31.30% Short Ratio 4.97
Short Interest 52W High 27.80 52W Low 6.84
Beta 2.40 Avg Volume 7.34M Volume 4.75M
Target Price $21.62 Recom None Prev Close $8.20
Price $8.65 Change 5.49%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$21.62
Mean price target
2. Current target
$9.35
Latest analyst target
3. DCF / Fair value
$-82.42
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$9.35
Low
$11.50
High
$30.00
Mean
$21.62

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-13 main Rosenblatt Buy → Buy $18
2026-02-13 main Needham Buy → Buy $22
2026-02-12 main HC Wainwright & Co. Buy → Buy $25
2026-02-10 main Benchmark Buy → Buy $27
2026-02-09 main Rosenblatt Buy → Buy $18
2026-01-27 down Keefe, Bruyette & Woods Outperform → Market Perform $14
2026-01-14 main Rosenblatt Buy → Buy $30
2025-12-16 main Cantor Fitzgerald Overweight → Overweight $34
2025-11-26 reit BTIG Buy → Buy $25
2025-11-12 main B. Riley Securities Buy → Buy $29
2025-11-11 main Rosenblatt Buy → Buy $30
2025-11-11 main HC Wainwright & Co. Buy → Buy $30
2025-10-16 main Needham Buy → Buy $30
2025-10-15 main Cantor Fitzgerald Overweight → Overweight $50
2025-10-15 main Roth Capital Buy → Buy $40
2025-10-15 main Rosenblatt Buy → Buy $20
2025-10-14 main BTIG Buy → Buy $25
2025-10-06 init Jones Trading — → Buy $32
2025-09-22 main Roth Capital Buy → Buy $40
2025-09-15 main Rosenblatt Buy → Buy $20
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-2.06M728.07K-439.65K6.24M
TaxRateForCalcs0.000.210.070.37
NormalizedEBITDA-587.00K26.18M13.34M179.45M
TotalUnusualItems-501.99M3.47M-6.47M16.94M
TotalUnusualItemsExcludingGoodwill-501.99M3.47M-6.47M16.94M
NetIncomeFromContinuingOperationNetMinorityInterest-599.15M-56.66M-60.37M82.64M
ReconciledDepreciation81.10M75.54M66.42M63.05M
ReconciledCostOfRevenue283.38M290.75M250.09M153.25M
EBITDA-502.58M29.65M6.86M196.39M
EBIT-583.67M-45.89M-59.56M133.33M
NetInterestIncome-10.35M2.29M-1.30M285.00K
InterestExpense17.92M5.08M5.20M2.44M
InterestIncome7.87M7.95M4.29M2.95M
NormalizedIncome-99.22M-59.39M-54.33M71.95M
NetIncomeFromContinuingAndDiscontinuedOperation-599.15M-56.66M-60.37M82.64M
TotalExpenses439.15M424.78M390.61M284.53M
TotalOperatingIncomeAsReported-589.66M-52.25M-60.59M130.83M
DilutedAverageShares234.32M137.43M110.49M111.29M
BasicAverageShares204.68M137.43M110.49M111.29M
DilutedEPS-1.43-4.36-0.51-0.54
BasicEPS0.32-4.36-0.51-0.54
DilutedNIAvailtoComStockholders-599.15M-56.66M-60.37M83.87M
AverageDilutionEarnings0.000.001.22M
NetIncomeCommonStockholders-599.15M-56.66M-60.37M82.64M
NetIncome-599.15M-56.66M-60.37M82.64M
NetIncomeIncludingNoncontrollingInterests-599.15M-56.66M-60.37M82.64M
NetIncomeContinuousOperations-599.15M-56.66M-60.37M82.64M
TaxProvision-2.44M5.68M-4.40M48.25M
PretaxIncome-601.59M-50.97M-64.77M130.89M
OtherIncomeExpense-501.87M2.96M-6.19M20.48M
OtherNonOperatingIncomeExpenses118.00K-507.00K281.00K3.54M
SpecialIncomeCharges-4.21M956.00K-2.97M17.16M
GainOnSaleOfPPE8.28M477.00K-2.97M18.75M
OtherSpecialCharges8.37M-481.00K-880.00K
WriteOff936.00K2.00K0.002.46M
ImpairmentOfCapitalAssets2.00K0.000.00
RestructuringAndMergernAcquisition3.19M0.000.00
GainOnSaleOfSecurity-497.78M2.51M-3.51M-226.00K
NetNonOperatingInterestIncomeExpense-10.35M2.29M-1.30M285.00K
TotalOtherFinanceCost300.00K580.00K388.00K219.00K
InterestExpenseNonOperating17.92M5.08M5.20M2.44M
InterestIncomeNonOperating7.87M7.95M4.29M2.95M
OperatingIncome-89.37M-56.22M-57.27M110.13M
OperatingExpense155.77M134.03M140.52M131.28M
OtherOperatingExpenses6.46M29.80M-42.00K3.59M
ResearchAndDevelopment76.95M29.53M35.43M29.50M
SellingGeneralAndAdministration72.36M74.70M105.14M98.18M
SellingAndMarketingExpense8.04M8.25M11.68M8.45M
GeneralAndAdministrativeExpense64.32M66.45M93.45M89.73M
OtherGandA64.32M66.45M93.45M89.73M
GrossProfit66.40M77.81M83.25M241.41M
CostOfRevenue283.38M290.75M250.09M153.25M
TotalRevenue349.78M368.55M333.34M394.66M
OperatingRevenue349.78M368.55M333.34M394.66M
Line Item2024-12-312023-12-31
TreasurySharesNumber145.76K606.76K
OrdinarySharesNumber192.32M111.97M111.25M111.29M
ShareIssued192.46M112.57M111.25M111.29M
TotalDebt286.26M92.83M100.23M92.43M
TangibleBookValue157.54M327.79M318.02M287.96M
InvestedCapital484.73M355.18M348.14M317.54M
WorkingCapital-150.67M139.15M98.35M165.30M
NetTangibleAssets157.54M327.79M318.02M287.96M
CapitalLeaseObligations78.13M70.21M70.42M62.97M
CommonStockEquity276.60M332.57M318.34M288.08M
TotalCapitalization276.60M355.18M348.14M317.54M
TotalEquityGrossMinorityInterest276.60M332.57M318.34M288.08M
StockholdersEquity276.60M332.57M318.34M288.08M
GainsLossesNotAffectingRetainedEarnings1.09B385.02M311.54M220.91M
TreasuryStock160.93M2.60M0.00
RetainedEarnings-649.00M-49.85M6.80M67.17M
CapitalStock0.000.000.001.00K
CommonStock0.000.000.001.00K
TotalLiabilitiesNetMinorityInterest1.28B306.82M333.07M358.89M
TotalNonCurrentLiabilitiesNetMinorityInterest181.14M185.64M111.86M99.97M
TradeandOtherPayablesNonCurrent1.65M1.66M
NonCurrentDeferredLiabilities106.81M96.44M11.63M7.55M
NonCurrentDeferredRevenue90.20M94.83M
NonCurrentDeferredTaxesLiabilities16.61M1.62M11.63M7.55M
LongTermDebtAndCapitalLeaseObligation72.67M87.54M100.23M92.43M
LongTermCapitalLeaseObligation72.67M64.92M70.42M62.97M
LongTermDebt22.62M29.80M29.46M
CurrentLiabilities1.10B121.18M221.21M258.92M
OtherCurrentLiabilities763.94M
CurrentDeferredLiabilities39.03M49.51M182.30M213.45M
CurrentDeferredRevenue39.03M49.51M182.30M213.45M
CurrentDebtAndCapitalLeaseObligation213.59M5.29M
CurrentCapitalLeaseObligation5.46M5.29M
CurrentDebt208.13M
OtherCurrentBorrowings208.13M
CurrentProvisions1.36M1.34M
PayablesAndAccruedExpenses83.56M66.38M37.57M45.47M
CurrentAccruedExpenses9.73M5.54M2.11M
Payables83.56M66.38M32.03M43.36M
OtherPayable40.62M30.50M6.37M6.97M
DuetoRelatedPartiesCurrent8.75M33.00K316.00K19.00K
TotalTaxPayable2.73M3.37M9.59M18.64M
IncomeTaxPayable2.73M3.37M657.00K10.45M
AccountsPayable31.47M32.48M15.77M17.74M
TotalAssets1.56B639.39M651.41M646.97M
TotalNonCurrentAssets608.41M379.06M331.85M222.76M
OtherNonCurrentAssets26.46M25.21M3.75M8.74M
NonCurrentDeferredAssets6.22M991.00K4.86M4.62M
NonCurrentDeferredTaxesAssets6.22M991.00K4.86M4.62M
InvestmentsAndAdvances37.98M36.77M60.96M1.25M
OtherInvestments89.00K99.00K
InvestmentinFinancialAssets37.98M36.77M60.96M1.25M
FinancialAssetsDesignatedasFairValueThroughProfitorLossTotal37.98M36.77M60.96M1.25M
InvestmentProperties30.72M34.35M35.54M0.00
GoodwillAndOtherIntangibleAssets119.05M4.78M322.00K115.00K
OtherIntangibleAssets83.23M4.78M322.00K115.00K
Goodwill35.82M0.00
NetPPE387.97M276.96M226.42M208.03M
AccumulatedDepreciation-257.45M-203.10M-152.75M-104.59M
GrossPPE645.42M480.07M379.17M312.62M
Leases189.62M176.43M164.60M107.37M
ConstructionInProgress144.10M30.09M16.51M33.59M
OtherProperties44.97M26.87M19.05M8.86M
MachineryFurnitureEquipment49.93M48.74M155.07M138.87M
BuildingsAndImprovements28.77M27.36M23.45M23.45M
LandAndImprovements3.13M2.06M484.00K484.00K
Properties184.91M168.51M0.000.00
CurrentAssets949.45M260.32M319.56M424.22M
OtherCurrentAssets291.93M71.88M
RestrictedCash9.14M9.54M11.49M10.31M
PrepaidAssets89.54M54.70M21.12M
Inventory64.89M346.00K
FinishedGoods9.95M0.00
WorkInProcess26.28M115.00K
RawMaterials28.66M231.00K
Receivables25.14M17.46M22.00M20.70M
OtherReceivables2.55M10.20M
DuefromRelatedPartiesCurrent15.51M187.00K397.00K1.50M
TaxesReceivable3.42M757.00K760.00K
LoansReceivable0.00322.00K1.09M
AccountsReceivable9.63M17.28M18.38M8.65M
CashCashEquivalentsAndShortTermInvestments558.35M161.10M231.36M372.09M
OtherShortTermInvestments82.08M16.37M
CashAndCashEquivalents476.27M144.73M231.36M372.09M
CashFinancial476.27M144.73M231.36M372.09M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-749.29M-398.13M-331.24M-141.96M
RepurchaseOfCapitalStock-617.00K-2.60M0.000.00
RepaymentOfDebt-24.68M-12.19M-3.88M-33.48M
IssuanceOfDebt554.21M0.000.0030.00M
IssuanceOfCapitalStock485.11M9.49M0.000.00
CapitalExpenditure-127.22M-126.35M-63.20M-89.49M
EndCashPosition476.27M144.73M231.36M372.09M
BeginningCashPosition144.73M231.36M372.09M44.75M
EffectOfExchangeRateChanges-3.35M-1.21M-2.60M-342.00K
ChangesInCash334.89M-85.43M-138.13M327.68M
FinancingCashFlow844.27M-13.49M-3.88M-14.43M
CashFlowFromContinuingFinancingActivities844.27M-13.49M-3.88M-14.43M
NetOtherFinancingCharges-174.93M-8.60M-10.94M
ProceedsFromStockOptionExercised5.17M412.00K0.000.00
NetCommonStockIssuance484.49M6.89M0.000.00
CommonStockPayments-617.00K-2.60M0.000.00
CommonStockIssuance485.11M9.49M0.000.00
NetIssuancePaymentsOfDebt529.54M-12.19M-3.88M-3.48M
NetLongTermDebtIssuance529.54M-12.19M-3.88M-3.48M
LongTermDebtPayments-24.68M-12.19M-3.88M-33.48M
LongTermDebtIssuance554.21M0.000.0030.00M
InvestingCashFlow112.70M199.85M133.79M394.57M
CashFlowFromContinuingInvestingActivities112.70M199.85M133.79M394.57M
NetOtherInvestingChanges248.45M299.39M273.22M498.04M
NetInvestmentPurchaseAndSale-2.78M26.71M-60.34M0.00
SaleOfInvestment0.0031.11M1.21M0.00
PurchaseOfInvestment-2.78M-4.40M-61.55M0.00
NetBusinessPurchaseAndSale-6.05M0.00-16.85M-14.86M
SaleOfBusiness0.000.009.88M
PurchaseOfBusiness-6.05M0.00-26.73M-14.86M
NetIntangiblesPurchaseAndSale248.45M299.13M275.00M508.51M
SaleOfIntangibles248.45M299.13M560.99M568.55M
PurchaseOfIntangibles0.000.00-285.99M-60.05M
NetPPEPurchaseAndSale-126.92M-126.25M-62.24M-88.62M
SaleOfPPE298.00K100.00K962.00K877.00K
PurchaseOfPPE-127.22M-126.35M-63.20M-89.49M
OperatingCashFlow-622.07M-271.79M-268.04M-52.47M
CashFlowFromContinuingOperatingActivities-622.07M-271.79M-268.04M-52.47M
TaxesRefundPaid-8.60M9.29M-20.01M43.00K
InterestReceivedCFO7.12M7.57M2.79M2.20M
InterestPaidCFO-7.42M-4.79M-4.86M-2.30M
ChangeInWorkingCapital-320.40M-35.26M-40.69M17.22M
ChangeInOtherWorkingCapital-6.51M5.50M-10.34M3.81M
ChangeInOtherCurrentAssets1.65M4.00K1.00M5.96M
ChangeInPayablesAndAccruedExpense-21.57M8.21M-4.42M25.19M
ChangeInPayable-21.57M8.21M-4.42M25.19M
ChangeInAccountPayable-11.26M13.60M-6.02M12.51M
ChangeInPrepaidAssets-219.16M-49.03M-22.63M-4.07M
ChangeInInventory-81.20M-204.00K716.00K
ChangeInReceivables6.39M270.00K-5.01M-13.67M
ChangesInAccountReceivables12.37M381.00K-5.35M-13.26M
OtherNonCashItems-313.65M-306.29M-308.45M-338.64M
StockBasedCompensation33.97M45.49M90.65M88.36M
UnrealizedGainLossOnInvestmentSecurities-1.97M-3.53M841.00K0.00
AssetImpairmentCharge936.00K2.00K0.002.57M
DeferredTax5.68M-4.40M48.25M
DeferredIncomeTax5.68M-4.40M48.25M
DepreciationAmortizationDepletion81.10M75.54M66.42M63.05M
DepreciationAndAmortization81.10M75.54M66.42M63.05M
AmortizationCashFlow8.38M754.00K97.00K146.00K
AmortizationOfIntangibles8.38M754.00K97.00K146.00K
Depreciation72.71M74.79M66.33M62.91M
OperatingGainsLosses506.00M-3.17M5.63M-15.86M
GainLossOnInvestmentSecurities498.17M-213.00K
NetForeignCurrencyExchangeGainLoss1.58M1.02M2.88M226.00K
GainLossOnSaleOfPPE-1.92M-3.78M2.97M-15.01M
GainLossOnSaleOfBusiness0.0074.00K0.008.00K
NetIncomeFromContinuingOperations-599.15M-56.66M-60.37M82.64M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for BTDR
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status