50,817 Shares in Bitdeer Technologies Group $BTDR Acquired by Weiss Asset Management LP

Posted by Francis Steltz on Jul 29th, 2026

Weiss Asset Management LP bought a new stake in shares of Bitdeer Technologies Group (NASDAQ:BTDR – Free Report) in the 1st quarter, Holdings Channel.com reports. The firm bought 50,817 shares of the company’s stock, valued at approximately $440,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Waverly Advisors LLC bought a new position in Bitdeer Technologies Group in the first quarter worth approximately $87,000. Entropy Technologies LP boosted its stake in shares of Bitdeer Technologies Group by 770.8% during the 1st quarter. Entropy Technologies LP now owns 97,488 shares of the company’s stock worth $843,000 after acquiring an additional 86,293 shares during the last quarter. Renaissance Technologies LLC bought a new stake in shares of Bitdeer Technologies Group during the 1st quarter valued at $2,048,000. Bank of Nova Scotia grew its position in shares of Bitdeer Technologies Group by 91.1% during the 1st quarter. Bank of Nova Scotia now owns 1,369,447 shares of the company’s stock valued at $11,846,000 after acquiring an additional 652,874 shares during the period. Finally, Sei Investments Co. increased its stake in shares of Bitdeer Technologies Group by 159.5% in the 1st quarter. Sei Investments Co. now owns 64,334 shares of the company’s stock worth $556,000 after purchasing an additional 39,539 shares in the last quarter. 22.25% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on BTDR. Cantor Fitzgerald raised their target price on Bitdeer Technologies Group from $11.00 to $15.00 and gave the stock a “neutral” rating in a report on Friday, May 15th. Weiss Ratings raised Bitdeer Technologies Group from a “sell (d-)” rating to a “hold (c-)” rating in a report on Monday, May 18th. Wall Street Zen cut Bitdeer Technologies Group from a “sell” rating to a “strong sell” rating in a research report on Saturday, May 2nd. Rosenblatt Securities raised their price objective on Bitdeer Technologies Group from $18.00 to $25.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Finally, Zacks Research raised Bitdeer Technologies Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 2nd. Ten equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $25.45.

Read Our Latest Research Report on BTDR

Bitdeer Technologies Group Stock Performance

Shares of NASDAQ BTDR opened at $10.28 on Wednesday. The firm has a fifty day moving average price of $15.29 and a 200-day moving average price of $12.52. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.85 and a quick ratio of 1.11. The stock has a market cap of $2.42 billion, a PE ratio of -2.98 and a beta of 2.47. Bitdeer Technologies Group has a 1 year low of $6.92 and a 1 year high of $27.80.

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

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.