Bitdeer Technologies ( (BTDR) ) just unveiled an announcement.
In its February 2025 production and operations update, Bitdeer Technologies Group reported a decrease in self-mined Bitcoin due to fewer days in the month, alongside progress in its mining rig manufacturing with the SEALMINER A1 and A2 series. The company anticipates the mass production of SEALMINER A3 in the latter half of 2025 and is redirecting SEALMINER A2 units for self-mining due to customer payment delays. Bitdeer is also advancing its infrastructure projects, including a 100 MW hydro-cooling conversion in Texas, and has completed a $9 million share repurchase while approving a new $20 million repurchase program.
More about Bitdeer Technologies
Bitdeer Technologies Group is a leading technology company specializing in blockchain and high-performance computing solutions. The company focuses on cryptocurrency mining, offering services such as self-mining, cloud hash rate, and hosting solutions. Bitdeer is actively involved in the development and manufacturing of mining rigs and has a significant presence in the high-performance computing and artificial intelligence sectors.
YTD Price Performance: -53.78%
Average Trading Volume: 7,602,406
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.03B
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