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Bitdeer Technologies ( (BTDR) ) has shared an announcement.
In March 2026, Bitdeer reported a sharp expansion in its core operations, with self-mined Bitcoin output rising 480% year over year to 661 BTC and self-mining hash rate reaching about 70 EH/s, supported by 3.0 GW of global energy capacity and 225,000 self-owned rigs. The company also officially launched its SEALMINER A4 series in early April 2026, achieving around 9.45 J/T efficiency, underscoring its push to vertically integrate hardware design and manufacturing.
Bitdeer’s AI cloud business accelerated rapidly, reaching approximately $43 million in annual recurring revenue as of March 31, 2026, a 105% increase month over month, indicating strong demand for its AI infrastructure. Management highlighted ongoing negotiations for colocation AI data center tenants at Tydal, Norway, and active discussions in Ohio and other locations, signaling a diversification of revenue streams and a stronger foothold in the AI infrastructure market alongside its expanding Bitcoin mining franchise.
The most recent analyst rating on (BTDR) stock is a Hold with a $10.00 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, Nasdaq-listed technology company focused on AI and Bitcoin mining infrastructure. It operates self-owned and third-party datacenters, offers hosting and cloud hash rate services, and is expanding into AI cloud and colocation data centers, positioning itself at the intersection of high-performance computing and digital asset mining.
Average Trading Volume: 8,187,717
Technical Sentiment Signal: Buy
Current Market Cap: $2.71B
Learn more about BTDR stock on TipRanks’ Stock Analysis page.