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Bitdeer Technologies Expands Global Mining Operations in April 2025

Story Highlights

The latest announcement is out from Bitdeer Technologies ( (BTDR) ).

In April 2025, Bitdeer Technologies Group reported a 45.6% increase in self-mined Bitcoin, totaling 166 Bitcoins, due to the energization of SEALMINERs. The company also expanded its power capacity by energizing 70 MW in Norway and 132 MW in Bhutan, aiming to reach 1.6 GW globally by June 2025. Bitdeer paused construction in Ohio to focus on HPC/AI discussions, highlighting its strategic shift towards global diversification and operational flexibility.

Spark’s Take on BTDR Stock

According to Spark, TipRanks’ AI Analyst, BTDR is a Neutral.

Bitdeer Technologies’ stock faces significant challenges due to consistent financial losses and negative cash flows, impacting its overall score. Despite promising strategic initiatives in ASIC technology and vertical integration, these are outweighed by the current financial instability and operational challenges. Technical analysis shows positive short-term momentum, but valuation metrics reflect caution due to negative earnings and lack of dividends.

To see Spark’s full report on BTDR stock, click here.

More about Bitdeer Technologies

Bitdeer Technologies Group is a leading technology company in the Bitcoin mining industry, known for its innovative mining solutions and global operations. The company focuses on self-mining, mining rig manufacturing, and offering hosting services, with a significant presence in various international markets.

Average Trading Volume: 5,469,305

Technical Sentiment Signal: Sell

Current Market Cap: $2.18B

See more data about BTDR stock on TipRanks’ Stock Analysis page.

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