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Bitdeer Technologies ( (BTDR) ) has provided an announcement.
On September 8, 2025, Bitdeer Technologies Group announced a cleanup redemption of its 8.50% Convertible Senior Notes due 2029, amounting to $7.7 million. The redemption is set for September 23, 2025, with holders having the option to convert their notes into Class A ordinary shares before the deadline. This move is expected to streamline the company’s financial operations and potentially enhance shareholder value by adjusting the conversion rate and settling conversions with shares and cash.
The most recent analyst rating on (BTDR) stock is a Hold with a $11.50 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 poor financial performance, characterized by consistent losses and negative cash flows. Technical analysis further indicates a bearish trend, while valuation metrics highlight the company’s unprofitability. Despite strategic initiatives discussed in the earnings call, the immediate financial challenges weigh heavily on the stock’s attractiveness.
To see Spark’s full report on BTDR stock, click here.
More about Bitdeer Technologies
Bitdeer Technologies Group operates in the technology sector, focusing on cryptocurrency mining and related financial services. The company is known for its innovative solutions in digital asset management and blockchain technology, catering primarily to investors and stakeholders in the cryptocurrency market.
Average Trading Volume: 4,334,403
Technical Sentiment Signal: Buy
Current Market Cap: $2.43B
Learn more about BTDR stock on TipRanks’ Stock Analysis page.