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Bitdeer Technologies ( (BTDR) ) has issued an update.
On November 12, 2025, Bitdeer Technologies Group announced its intention to offer $400 million in Convertible Senior Notes due 2031 in a private placement, with an option for purchasers to acquire an additional $60 million. The proceeds will be used for datacenter expansion, ASIC mining rig development, and growth of its HPC and AI cloud business. Concurrently, Bitdeer plans a registered direct offering of Class A ordinary shares, with proceeds aimed at repurchasing a portion of its 5.25% convertible senior notes due 2029. These strategic financial maneuvers are expected to support Bitdeer’s operational expansion and enhance its market position in the Bitcoin mining and AI cloud industry.
The most recent analyst rating on (BTDR) stock is a Buy with a $30.00 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.
Bitdeer Technologies’ overall stock score is primarily impacted by its weak financial performance, characterized by consistent losses and negative cash flows. Technical analysis provides mixed signals, with some longer-term support but short-term bearish trends. Valuation metrics are unfavorable due to negative earnings and lack of dividends. These factors collectively result in a low overall stock score.
To see Spark’s full report on BTDR stock, click here.
More about Bitdeer Technologies
Bitdeer Technologies Group is a leading technology company specializing in Bitcoin mining and AI cloud services. The company offers comprehensive Bitcoin mining solutions, including equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations. Bitdeer also provides advanced cloud capabilities for customers with high AI demand. Headquartered in Singapore, Bitdeer has established datacenters in the United States, Norway, and Bhutan.
Average Trading Volume: 6,597,090
Technical Sentiment Signal: Buy
Current Market Cap: $2.98B
For a thorough assessment of BTDR stock, go to TipRanks’ Stock Analysis page.