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The latest announcement is out from Bitdeer Technologies ( (BTDR) ).
Bitdeer Technologies Group has announced a new share repurchase program worth up to $40 million, effective from May 30, 2025, to May 29, 2026. This follows the completion of a previous $20 million share repurchase program approved in February 2025, indicating the company’s ongoing commitment to enhancing shareholder value and confidence in its financial stability.
The most recent analyst rating on (BTDR) stock is a Buy with a $29.00 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 score reflects significant financial challenges, with persistent losses and negative cash flows. Despite strategic advancements in technology and diversification efforts, the company faces short-term profitability issues. Technical analysis shows positive momentum but warns of potential overbought conditions. Valuation metrics are unattractive due to ongoing unprofitability. While long-term strategic initiatives are promising, the current financial state and market conditions pose notable risks.
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 blockchain technology services. The company is known for its innovative solutions in the digital asset industry, catering to a global market.
Average Trading Volume: 4,909,701
Technical Sentiment Signal: Buy
Current Market Cap: $2.82B
For detailed information about BTDR stock, go to TipRanks’ Stock Analysis page.