CastleKnight Management LP Raises Position in Bitdeer Technologies Group $BTDR

Posted by on Jun 18th, 2026

CastleKnight Management LP grew its holdings in shares of Bitdeer Technologies Group (NASDAQ:BTDR – Free Report) by 14.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,095,116 shares of the company’s stock after purchasing an additional 269,875 shares during the period. Bitdeer Technologies Group makes up about 0.5% of CastleKnight Management LP’s portfolio, making the stock its 23rd biggest holding. CastleKnight Management LP owned about 0.99% of Bitdeer Technologies Group worth $23,486,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Empowered Funds LLC purchased a new stake in shares of Bitdeer Technologies Group during the 4th quarter valued at $34,000. Kestra Advisory Services LLC purchased a new stake in shares of Bitdeer Technologies Group during the 4th quarter valued at $39,000. Tower Research Capital LLC TRC lifted its holdings in shares of Bitdeer Technologies Group by 7,157.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 7,257 shares of the company’s stock valued at $83,000 after purchasing an additional 7,157 shares during the last quarter. Mariner LLC purchased a new stake in shares of Bitdeer Technologies Group during the 4th quarter valued at $117,000. Finally, Entropy Technologies LP purchased a new stake in shares of Bitdeer Technologies Group during the 4th quarter valued at $125,000. Hedge funds and other institutional investors own 22.25% of the company’s stock.

Bitdeer Technologies Group Trading Down 1.8%

BTDR stock opened at $17.92 on Thursday. The company’s 50-day simple moving average is $14.34 and its 200-day simple moving average is $12.02. The company has a quick ratio of 1.11, a current ratio of 1.85 and a debt-to-equity ratio of 1.88. Bitdeer Technologies Group has a 52-week low of $6.92 and a 52-week high of $27.80. The firm has a market cap of $4.22 billion, a P/E ratio of -5.19 and a beta of 2.45.

Bitdeer Technologies Group (NASDAQ:BTDR – Get Free Report) last posted its earnings results on Thursday, May 14th. The company reported ($0.68) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.47) by ($0.21). Bitdeer Technologies Group had a negative return on equity of 69.95% and a negative net margin of 68.11%.The firm had revenue of $188.93 million for the quarter, compared to analysts’ expectations of $184.02 million. During the same period in the previous year, the company earned ($0.37) earnings per share. The company’s revenue was up 169.5% compared to the same quarter last year. As a group, equities analysts forecast that Bitdeer Technologies Group will post -1.18 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. B. Riley Financial increased their price objective on Bitdeer Technologies Group from $22.00 to $23.00 and gave the company a “buy” rating in a report on Friday, May 15th. Needham & Company LLC increased their price objective on Bitdeer Technologies Group from $18.00 to $19.00 and gave the company a “buy” rating in a report on Friday, May 15th. Zacks Research raised Bitdeer Technologies Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 2nd. Cantor Fitzgerald upped their target price on Bitdeer Technologies Group from $11.00 to $15.00 and gave the company a “neutral” rating in a research report on Friday, May 15th. Finally, Rosenblatt Securities upped their target price on Bitdeer Technologies Group from $18.00 to $25.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Bitdeer Technologies Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $24.50.

View Our Latest Stock Analysis on BTDR

Bitdeer Technologies Group Profile

(Free Report)

Bitdeer Technologies Group Inc (NASDAQ:BTDR) is a global digital asset mining and computing services provider focused on delivering secure and efficient hashrate solutions to institutional and retail customers. The company leverages its proprietary mining platform to offer hosted mining, hashrate sales and management services, enabling clients to access large-scale mining operations without direct investment in hardware or infrastructure.

Bitdeer’s core offerings include mining hosting services, whereby the firm installs, operates and maintains specialized mining equipment on behalf of customers, and hashrate-as-a-service products that provide fixed-capacity mining power with transparent pricing structures.

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Institutional Ownership by Quarter for Bitdeer Technologies Group (NASDAQ:BTDR)

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