Bitdeer Technologies Group (NASDAQ:BTDR) Trading Up 8.6% – What’s Next?

Posted by George Bondi on Jul 11th, 2026

Bitdeer Technologies Group (NASDAQ:BTDR – Get Free Report) rose 8.6% during trading on Thursday . The company traded as high as $13.55 and last traded at $13.6380. Approximately 1,702,660 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 8,574,466 shares. The stock had previously closed at $12.56.

Wall Street Analysts Forecast Growth

BTDR has been the subject of several recent research reports. Keefe, Bruyette & Woods reiterated a “market perform” rating on shares of Bitdeer Technologies Group in a research note on Wednesday, May 20th. Zacks Research upgraded Bitdeer Technologies Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 2nd. B. Riley Financial upped their price objective on Bitdeer Technologies Group from $22.00 to $23.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Citizens Jmp assumed coverage on Bitdeer Technologies Group in a research report on Wednesday, June 24th. They set a “market outperform” rating and a $35.00 price objective for the company. Finally, Wall Street Zen lowered shares of Bitdeer Technologies Group from a “sell” rating to a “strong sell” rating in a research report on Saturday, May 2nd. Ten equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Bitdeer Technologies Group has a consensus rating of “Moderate Buy” and an average price target of $25.45.

View Our Latest Stock Report on Bitdeer Technologies Group

Bitdeer Technologies Group Price Performance

The company has a current ratio of 1.85, a quick ratio of 1.11 and a debt-to-equity ratio of 1.88. The stock has a fifty day simple moving average of $15.67 and a two-hundred day simple moving average of $12.49. The company has a market cap of $3.13 billion, a PE ratio of -3.85 and a beta of 2.47.

Bitdeer Technologies Group (NASDAQ:BTDR – Get Free Report) last issued its earnings results on Thursday, May 14th. The company reported ($0.68) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of $188.93 million for the quarter, compared to analysts’ expectations of $184.02 million. During the same period last year, the company posted ($0.37) earnings per share. The business’s quarterly revenue was up 169.5% on a year-over-year basis. On average, equities analysts predict that Bitdeer Technologies Group will post -1.18 EPS for the current fiscal year.

Institutional Trading of Bitdeer Technologies Group

A number of institutional investors have recently added to or reduced their stakes in BTDR. Fund Resources Investment Holding Group Co Ltd purchased a new position in Bitdeer Technologies Group in the fourth quarter valued at about $102,732,000. Bank of America Corp DE grew its holdings in Bitdeer Technologies Group by 1,366.7% in the first quarter. Bank of America Corp DE now owns 3,227,585 shares of the company’s stock valued at $27,919,000 after purchasing an additional 3,007,523 shares during the last quarter. Value Aligned Research Advisors LLC increased its position in shares of Bitdeer Technologies Group by 137.0% in the fourth quarter. Value Aligned Research Advisors LLC now owns 3,267,614 shares of the company’s stock valued at $36,630,000 after buying an additional 1,888,825 shares in the last quarter. Situational Awareness LP raised its stake in shares of Bitdeer Technologies Group by 92.4% during the 1st quarter. Situational Awareness LP now owns 3,439,450 shares of the company’s stock worth $29,751,000 after buying an additional 1,651,450 shares during the last quarter. Finally, Azora Capital LP acquired a new position in shares of Bitdeer Technologies Group during the 3rd quarter worth $23,817,000. Hedge funds and other institutional investors own 22.25% of the company’s stock.

About Bitdeer Technologies Group

(Get 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.