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Bitdeer Technologies ( (BTDR) ) has shared an announcement.
In April 2026, Bitdeer Technologies sharply expanded its Bitcoin mining and AI infrastructure operations, mining 783 Bitcoins, a 372% year-on-year increase, and growing total hash rate under management to 87.4 EH/s, driven by 218,000 self-owned rigs and increased co-mining capacity. The company launched mass production of its SEALMINER A4 series with industry-leading efficiency of 9.45 J/T, lifted AI cloud annualized recurring revenue to about $69 million—up 60% month-on-month—with over 4,100 high-end GPUs deployed and utilization above 90%, and advanced negotiations for a major colocation tenant at its Tydal, Norway site, reinforcing its positioning as one of the largest public Bitcoin miners while building a parallel, recurring-revenue AI cloud business.
The most recent analyst rating on (BTDR) stock is a Buy with a $18.00 price target. To see the full list of analyst forecasts on Bitdeer Technologies stock, see the BTDR Stock Forecast page.
Spark’s Take on BTDR Stock
According to Spark, TipRanks’ AI Analyst, BTDR is a Neutral.
The score is held down primarily by financial risk—very large negative operating/free cash flow and rising leverage despite the 2025 return to profitability. Technicals are supportive in the near term but appear overbought, while valuation looks inexpensive on P/E but lacks dividend support and is discounted by the cash-burn and margin volatility highlighted in the earnings call.
To see Spark’s full report on BTDR stock, click here.
More about Bitdeer Technologies
Bitdeer Technologies Group is a Singapore-based technology company that provides infrastructure for Bitcoin mining and artificial intelligence workloads. Listed on Nasdaq under the ticker BTDR, it operates self-owned and third-party data centers with a 3.0 GW power portfolio and manages self-mining, co-mining, cloud hash rate, hosting and AI cloud services for enterprise and AI-native customers.
Average Trading Volume: 8,416,559
Technical Sentiment Signal: Strong Buy
Current Market Cap: $3.25B
See more data about BTDR stock on TipRanks’ Stock Analysis page.