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An update from Bitdeer Technologies ( (BTDR) ) is now available.
In June 2025, Bitdeer Technologies Group announced a 21% increase in its self-mining hashrate to 16.5 EH/s, driven by the deployment of SEALMINERs. The company also joined the Russell 2000 and 3000 Indexes, marking a significant milestone in its growth. Bitdeer is preparing for the mass production of its SEALMINER A3 series and is on track to achieve a proprietary hash rate of 40 EH/s by October 2025. The company closed a $375 million convertible senior notes offering and is enhancing its serverless GPU infrastructure to support HPC/AI initiatives. These developments are expected to increase Bitdeer’s visibility among institutional investors and improve trading liquidity.
The most recent analyst rating on (BTDR) stock is a Buy with a $24.00 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 significantly impacted by its weak financial performance, which is the most heavily weighted component. The company’s ongoing losses and negative cash flows are major concerns. Although technical analysis offers some positive short-term indicators, the negative P/E ratio and absence of dividends further detract from its valuation attractiveness. The strategic initiatives discussed in the earnings call offer some long-term potential, but the immediate financial challenges dominate the overall assessment.
To see Spark’s full report on BTDR stock, click here.
More about Bitdeer Technologies
Bitdeer Technologies Group is a world-leading technology company specializing in Bitcoin mining. The company focuses on self-mining, manufacturing mining rigs, and providing hosting solutions. It is actively expanding its operations and infrastructure globally, with a significant presence in the U.S., Norway, and Bhutan.
Average Trading Volume: 5,104,251
Technical Sentiment Signal: Buy
Current Market Cap: $2.49B
Find detailed analytics on BTDR stock on TipRanks’ Stock Analysis page.