BTDR Bitdeer Technologies Group - Ordinary Shares
About Bitdeer Technologies Group - Ordinary Shares Company overview from Wikipedia
Bitdeer Technologies Group, or simply Bitdeer, is a cryptocurrency mining and artificial intelligence (AI) cloud infrastructure company headquartered in Singapore and listed on the Nasdaq under the ticker BTDR. The company was spun off from bitcoin-mining chip producer Bitmain in January 2021 by founder Jihan Wu. Bitdeer is among the largest cryptocurrency miners by computing power and operates data centers in the United States, Norway, and Bhutan, with U.S. headquarters in San Jose, California. Since 2023, the company has expanded into AI cloud services through a partnership with Nvidia and through the conversion of cryptocurrency mining facilities for AI workloads.
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Bitdeer Technologies Group, or simply Bitdeer, is a cryptocurrency mining and artificial intelligence (AI) cloud infrastructure company headquartered in Singapore and listed on the Nasdaq under the ticker BTDR. The company was spun off from bitcoin-mining chip producer Bitmain in January 2021 by founder Jihan Wu. Bitdeer is among the largest cryptocurrency miners by computing power and operates data centers in the United States, Norway, and Bhutan, with U.S. headquarters in San Jose, California. Since 2023, the company has expanded into AI cloud services through a partnership with Nvidia and through the conversion of cryptocurrency mining facilities for AI workloads.
History
In January 2021, Bitdeer was spun off from the bitcoin-mining chip producer Bitmain, which was co-founded by entrepreneur Jihan Wu in 2013. After the spin-off, Bitdeer established its headquarters in Singapore, where Wu resides. Wu has served as Bitdeer's executive chairman since the spin-off and is also its chief executive officer.
In November 2021, Bitdeer announced plans to merge with Blue Safari Group Acquisition Corp. and file an initial public offering. After a delayed merger with the special-purpose acquisition company, Bitdeer was listed on the Nasdaq in April 2023 at a valuation of $1.18 billion. In June 2023, Bitdeer announced plans to repurchase as much as $1 million worth of its stock. The company had 211 employees and earned S$485,975,304 in 2023.
In 2022, Bitdeer acquired the high-security storage facility Le Freeport in Singapore for S$40 million (US$28.4 million).
In May 2024, Tether acquired a $100 million stake in Bitdeer through a private placement.
In April 2026, Bitdeer introduced the SEALMINER A4 series of bitcoin mining application-specific integrated circuit chips, designed to improve energy efficiency for large-scale mining operations.
Data centers and mining operations
In 2022, Bitdeer sought to raise $200 million from outside investors to purchase discounted hardware. By 2023, the company operated five data centers across the United States and Norway.
United States
In the United States, Bitdeer operates mining facilities in Tennessee, Texas, Washington, and Ohio.
Bitdeer has been operating a mining facility in East Knoxville, Tennessee since 2018; the facility drew 63 megawatts of power as of 2022. In 2024, the company had approximately 30 employees in Knoxville and was the Knoxville Utilities Board's largest industrial customer, accounting for 9.4 percent of the utility's total electric sales in 2023.
Bitdeer is among the largest cryptocurrency mining operations in Texas. Its mining facility in Rockdale is housed in a former aluminum-smelting plant about an hour from Austin. The facility has participated in the Electric Reliability Council of Texas (ERCOT) to reduce electricity usage during periods of grid stress.
In 2023, Bitdeer purchased 31 acres in Massillon, Ohio to construct a mining facility. In November 2025, a fire broke out at the construction site, damaging two buildings in the complex. The chief of Massillon Fire Department, Matt Heck, determined no signs of arson were determined, though no cause was identified. In April 2026, Bitdeer presented plans for an additional data center facility in Niles, Ohio - a project the company described as a $300 million investment expected to create approximately 50 jobs.
In July 2026, Bitdeer started construction of a manufacturing facility in Sparks, Nevada. The facility will produce circuit boards, server chips, and capacitor resistors for bitcoin mining. The factory is planned to start working in January 2027.
Norway
Bitdeer operates mining capacity in Norway. In March 2026, the company began converting its 180-megawatt site in Tydal, previously used for cryptocurrency mining, into high-performance computing capacity for AI workloads.
In August 2026, the company leased part of the site's capacity to Volta Infra Holdings under a 16-year agreement valued at US$4.7 billion, backed by $1.3 billion in credit from J.P. Morgan.
Bhutan
Bitdeer partnered with the government of Bhutan in 2023 to increase mining capacity and create a fund of up to $500 million for green mining operations in the Himalaya kingdom.
AI cloud platform
In November 2023, Bitdeer announced a partnership with Nvidia to develop AI cloud computing services and began construction on its first AI cloud data center in Singapore, branded Bitdeer AI Cloud. The business line uses Bitdeer's existing data center infrastructure, originally built for cryptocurrency mining, to provide GPU computing capacity to enterprise customers. In March 2026, Bitdeer began converting its 180-megawatt Tydal site in Norway from cryptocurrency mining to AI and high-performance computing workloads.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
BTDR Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
BTDR Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
BTDR Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 3 15.8%
- Buy 13 68.4%
- Hold 3 15.8%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
13 analysts · 2026-08-23Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $-0.37 | $-0.37 | 0.00% |
| March 31, 2026 | $-0.65 | $-0.43 | -0.22% |
| Dec. 31, 2025 | $0.40 | $-0.08 | 0.48% |
| Sept. 30, 2025 | $-0.19 | $-0.14 | -0.05% |
| June 30, 2025 | $-0.13 | $-0.14 | 0.01% |
| March 31, 2025 | $-0.39 | $-0.33 | -0.06% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| BTDR | — | — | — | — | — | — |
| KARO | — | — | — | — | — | — |
| PLTS | — | — | — | — | — | — |
| FUFU | — | — | — | — | — | — |
| BLIV | — | — | — | — | — | — |
| HPAI | — | — | — | — | — | — |
| BTCT | $10M | — | -23.3% | -31.1% | -14.6% | -12.5% |
| HPAI | — | — | — | — | — | — |
Latest News Recent headlines mentioning this company
- Bitdeer Lands $4.7B Norway Lease With a16z-, Nvidia- And Dell-Backed Volta
- Bitdeer Technologies (BTDR) Breaks Ground for a New Facility
- Bitdeer (BTDR) Soars 18.3% on New CFO Appointment
- Bitdeer Technologies (BTDR) Reports Q1 2026 Revenue of $188.9M Amid Deepening Net Losses
- Bitdeer Q1 revenue jumps 170% as net loss widens to $159.5 million
- Bitdeer Reports 783 Bitcoin Mined in April as AI Cloud Momentum Builds
- Bitdeer (BTDR) Climbs 21% Ahead of Earnings
- Bitdeer’s Bitcoin Mining Production Rose 541% In February
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Institutional owners (13F) 326 filers · $3.2B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 110 (+36 vs prior Q) | 26 (-4 vs prior Q) | 110 (+26 vs prior Q) | 53 (+2 vs prior Q) | +83.5M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| Paloma Partners Management Co | $250,349,250 | 15,775,000 | 7.79% | Call option |
| JANE STREET GROUP, LLC | $164,430,657 | 10,361,100 | 5.12% | Call option |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $157,358,985 | 9,915,500 | 4.90% | Call option |
| Sachem Head Capital Management LP | $152,907,450 | 9,635,000 | 4.76% | Shares |
| LONE PINE CAPITAL LLC | $111,407,813 | 7,020,026 | 3.47% | Shares |
| BARCLAYS PLC | $103,517,914 | 6,522,868 | 3.22% | Shares |
| TOMS Capital Investment Management LP | $99,187,500 | 6,250,000 | 3.09% | Call option |
| Caption Management, LLC | $93,106,116 | 5,866,800 | 2.90% | Call option |
| Value Aligned Research Advisors, LLC | $82,583,735 | 5,203,764 | 2.57% | Shares |
| BANK OF AMERICA CORP /DE/ | $74,859,964 | 4,717,074 | 2.33% | Shares |
| JANE STREET GROUP, LLC | $70,452,818 | 4,439,371 | 2.19% | Shares |
| CLEARFIELD CAPITAL MANAGEMENT LP | $64,893,604 | 4,089,074 | 2.02% | Shares |
| STATE STREET CORP | $57,842,928 | 3,644,797 | 1.80% | Shares |
| Situational Awareness LP | $54,584,072 | 3,439,450 | 1.70% | Shares |
| CITADEL ADVISORS LLC | $51,139,488 | 3,222,400 | 1.59% | Call option |
| GEODE CAPITAL MANAGEMENT, LLC | $51,048,578 | 2,114,549 | 1.59% | Shares |
| D. E. Shaw & Co., Inc. | $50,574,643 | 3,186,808 | 1.57% | Shares |
| 140 Summer Partners LP | $50,075,246 | 3,155,340 | 1.56% | Shares |
| CastleKnight Management LP | $44,021,952 | 2,773,910 | 1.37% | Shares |
| GOLDMAN SACHS GROUP INC | $43,108,929 | 2,716,379 | 1.34% | Shares |
| Parallax Volatility Advisers, L.P. | $41,869,821 | 2,638,300 | 1.30% | Call option |
| Point72 Asset Management, L.P. | $37,668,350 | 2,373,557 | 1.17% | Shares |
| Avala Global LP | $36,645,131 | 2,309,082 | 1.14% | Shares |
| TOMS Capital Investment Management LP | $35,310,750 | 2,225,000 | 1.10% | Shares |
| STEADFAST CAPITAL MANAGEMENT LP | $31,524,612 | 1,986,428 | 0.98% | Shares |
| AMERICAN CENTURY COMPANIES INC | $29,842,188 | 1,880,413 | 0.93% | Shares |
| Situational Awareness Partners LP | $29,751,243 | 3,439,450 | 0.93% | Shares |
| JANE STREET GROUP, LLC | $29,153,190 | 1,837,000 | 0.91% | Put option |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $28,462,845 | 1,793,500 | 0.89% | Put option |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $27,171,487 | 1,712,129 | 0.85% | Shares |
| NOMURA HOLDINGS INC | $26,363,244 | 1,661,200 | 0.82% | Call option |
| WELLS FARGO & COMPANY/MN | $25,405,807 | 1,600,870 | 0.79% | Shares |
| WELLS FARGO & COMPANY/MN | $25,392,000 | 1,600,000 | 0.79% | Put option |
| S.A.C. Capital Advisors (Hong Kong) Ltd. | $24,680,517 | 1,444,150 | 0.77% | Shares |
| Centiva Capital, LP | $23,992,266 | 1,511,800 | 0.75% | Call option |
| Two Seas Capital LP | $23,805,000 | 1,500,000 | 0.74% | Shares |
| CITADEL ADVISORS LLC | $23,660,583 | 1,490,900 | 0.74% | Put option |
| Blackstone Inc. | $23,011,500 | 1,450,000 | 0.72% | Shares |
| CITADEL ADVISORS LLC | $22,250,502 | 1,402,048 | 0.69% | Shares |
| Balyasny Asset Management L.P. | $22,218,000 | 1,400,000 | 0.69% | Put option |
| Parallax Volatility Advisers, L.P. | $21,902,187 | 1,380,100 | 0.68% | Put option |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $21,069,710 | 1,327,644 | 0.66% | Shares |
| BANK OF NOVA SCOTIA | $20,294,279 | 1,278,782 | 0.63% | Shares |
| GOLDMAN SACHS GROUP INC | $20,151,726 | 1,269,800 | 0.63% | Call option |
| Longaeva Partners L.P. | $19,929,736 | 1,255,812 | 0.62% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $19,901,964 | 1,254,062 | 0.62% | Shares |
| Tekne Capital Management, LLC | $19,837,000 | 1,250,000 | 0.62% | Shares |
| Balyasny Asset Management L.P. | $18,623,953 | 1,173,532 | 0.58% | Shares |
| CITIGROUP INC | $17,477,837 | 1,101,313 | 0.54% | Shares |
| MILLENNIUM MANAGEMENT LLC | $17,360,701 | 1,093,932 | 0.54% | Shares |
| Two Seas Capital LP | $15,870,000 | 1,000,000 | 0.49% | Call option |
| Deltroit Asset Management (UK) LLP | $15,790,650 | 995,000 | 0.49% | Call option |
| Centiva Capital, LP | $15,697,017 | 989,100 | 0.49% | Put option |
| VAN ECK ASSOCIATES CORP | $15,453,190 | 973,736 | 0.48% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $15,143,122 | 954,198 | 0.47% | Shares |
| DENDUR CAPITAL LP | $14,124,300 | 890,000 | 0.44% | Shares |
| Clearline Capital LP | $13,909,150 | 876,443 | 0.43% | Shares |
| Shaolin Capital Management LLC | $13,068,945 | 823,500 | 0.41% | Shares |
| Caption Management, LLC | $12,543,648 | 790,400 | 0.39% | Put option |
| PEAK6 LLC | $11,902,500 | 750,000 | 0.37% | Call option |
| OAKTREE CAPITAL MANAGEMENT LP | $11,902,500 | 750,000 | 0.37% | Call option |
| DeepCurrents Investment Group LLC | $11,424,813 | 7,199 | 0.36% | Call option |
| BIT Capital GmbH | $11,289,188 | 711,354 | 0.35% | Shares |
| Sculptor Capital LP | $10,521,889 | 663,005 | 0.33% | Shares |
| IMC-Chicago, LLC | $9,846,272 | 620,433 | 0.31% | Shares |
| WOLVERINE ASSET MANAGEMENT LLC | $9,691,920 | 610,707 | 0.30% | Shares |
| EXCHANGE TRADED CONCEPTS, LLC | $8,990,736 | 566,524 | 0.28% | Shares |
| D. E. Shaw & Co., Inc. | $8,858,634 | 558,200 | 0.28% | Call option |
| MILLENNIUM MANAGEMENT LLC | $8,728,500 | 550,000 | 0.27% | Put option |
| ALGERT GLOBAL LLC | $8,221,422 | 518,048 | 0.26% | Shares |
| BlueCrest Capital Management Ltd | $8,041,329 | 506,700 | 0.25% | Shares |
| DLD Asset Management, LP | $7,940,000 | 500,000 | 0.25% | Put option |
| Beartown Capital Management, LLC | $7,935,000 | 500,000 | 0.25% | Shares |
| Deltroit Asset Management (UK) LLP | $7,935,000 | 500,000 | 0.25% | Shares |
| Nishkama Capital, LLC | $7,574,751 | 477,300 | 0.24% | Shares |
| CastleKnight Management LP | $7,458,900 | 470,000 | 0.23% | Call option |
| VANGUARD GROUP INC | $7,309,043 | 652,011 | 0.23% | Shares |
| Squarepoint Ops LLC | $7,302,120 | 460,121 | 0.23% | Shares |
| TUDOR INVESTMENT CORP ET AL | $7,177,699 | 452,281 | 0.22% | Shares |
| Walleye Trading LLC | $7,156,085 | 450,919 | 0.22% | Shares |
| Wealth High Governance Capital Ltda | $7,008,589 | 441,625 | 0.22% | Shares |
| BW Gestao de Investimentos Ltda. | $7,008,589 | 441,625 | 0.22% | Shares |
| MILLENNIUM MANAGEMENT LLC | $6,681,270 | 421,000 | 0.21% | Call option |
| Walleye Trading LLC | $6,665,400 | 420,000 | 0.21% | Call option |
| Yaupon Capital Management LP | $6,378,296 | 401,909 | 0.20% | Shares |
| ARP Global Capital Ltd | $6,331,463 | 398,958 | 0.20% | Shares |
| WHITEBOX ADVISORS LLC | $6,233,736 | 392,800 | 0.19% | Put option |
| CITIGROUP INC | $6,057,579 | 381,700 | 0.19% | Put option |
| Trexquant Investment LP | $6,012,826 | 378,880 | 0.19% | Shares |
| TWO SIGMA INVESTMENTS, LP | $5,684,634 | 358,200 | 0.18% | Put option |
| GOLDMAN SACHS GROUP INC | $5,406,909 | 340,700 | 0.17% | Put option |
| UBS Group AG | $5,118,075 | 322,500 | 0.16% | Call option |
| CITIGROUP INC | $5,078,400 | 320,000 | 0.16% | Call option |
| WOLVERINE ASSET MANAGEMENT LLC | $4,962,549 | 312,700 | 0.15% | Put option |
| Point72 Asset Management, L.P. | $4,818,132 | 303,600 | 0.15% | Call option |
| NOMURA HOLDINGS INC | $4,767,935 | 300,437 | 0.15% | Shares |
| XTX Topco Ltd | $4,589,477 | 289,192 | 0.14% | Shares |
| JPMORGAN CHASE & CO | $4,558,164 | 287,400 | 0.14% | Shares |
| Toroso Investments, LLC | $4,519,166 | 403,137 | 0.14% | Shares |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC | $4,496,310 | 283,500 | 0.14% | Shares |
Company insiders 5 insiders · 0 officers · 3 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Guang George Yang | Director | July 1, 2026 A | — | 0 | 0 | $0 |
| Naphat Sirimongkolkasem | Director | July 1, 2026 A | — | 0 | 0 | $0 |
| Sheldon Trainor-Degirolamo | Director | July 1, 2026 A | — | 0 | 0 | $0 |
| Haris Fozan Basit | — | Aug. 14, 2026 P | 35,000 | 1 | 0 | $221,000 |
| Michael G Potter | — | Aug. 12, 2026 P | 25,000 | 1 | 0 | $226,000 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 4 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Tether Global Investments Fund, S.I.C.A.F., S.A., Tether Investments, S.A. de C.V., Tether International, S.A. de C.V., Giancarlo Devasini ×10 filings | June 30, 2026 | 19.70% | Amendment | — | SEC |
| Shinning Stone Invest Co., Ltd., Zhaofeng Zhao ×3 filings | April 20, 2026 | 4.92% | Amendment | — | SEC |
| Tether Holdings Limited, Tether International Limited, Tether Investments Limited, Ludovicus Jan Van der Velde, Giancarlo Devasini ×4 filings | Nov. 7, 2024 | — | Initial filing | — | SEC |
| Victory Courage Limited, Jihan Wu | May 31, 2023 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 19 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| BKCH · Global X Funds | 2.94% | 654,109 NS | May 31, 2026 | N-PORT |
| SATO · Invesco Exchange-Traded Fund Trust … | 1.56% | 11,626 SH | Aug. 21, 2026 | Daily |
| IBLC · iShares Trust | 0.75% | 60,691 SH | Aug. 21, 2026 | Daily |
| VTWV · VANGUARD SCOTTSDALE FUNDS | 0.10% | 82,020 SH | Aug. 19, 2026 | Daily |
| IWN · iShares Trust | 0.06% | 880,612 SH | Aug. 21, 2026 | Daily |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.06% | 747,255 SH | Aug. 19, 2026 | Daily |
| IWM · iShares Trust | 0.04% | 3,352,750 SH | Aug. 21, 2026 | Daily |
| RSSL · Global X Funds | 0.04% | 53,141 NS | April 30, 2026 | N-PORT |
| SCZ · iShares Trust | 0.03% | 421,521 SH | Aug. 21, 2026 | Daily |
| VTWG · VANGUARD SCOTTSDALE FUNDS | 0.03% | 38,088 SH | Aug. 19, 2026 | Daily |
| IWO · iShares Trust | 0.02% | 333,669 SH | Aug. 21, 2026 | Daily |
| IPAC · iShares Trust | 0.01% | 31,648 SH | Aug. 21, 2026 | Daily |
| WSML · iShares Trust | 0.01% | 6,203 SH | Aug. 21, 2026 | Daily |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.01% | 3,796 NS | May 31, 2026 | N-PORT |
| IEFA · iShares Trust | 0.00% | 911,060 SH | Aug. 21, 2026 | Daily |
| IDEV · iShares Trust | 0.00% | 152,947 SH | Aug. 21, 2026 | Daily |
| IXUS · iShares Trust | 0.00% | 147,281 SH | Aug. 21, 2026 | Daily |
| IWV · iShares Trust | 0.00% | 36,086 SH | Aug. 21, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.00% | 10,941 SH | Aug. 19, 2026 | Daily |