Bitdeer Technologies Reports Strong May 2025 Production and Operations Update

Bitdeer Technologies ( (BTDR) ) has shared an announcement.

In May 2025, Bitdeer Technologies reported a significant increase in its self-mining hashrate to 13.6 EH/s due to the deployment of SEALMINERs. The company also sold and shipped 1.6 EH/s of SEALMINER A2s to external customers. Bitdeer is on track to achieve over 40 EH/s of self-mining capacity by October 2025. Additionally, the company launched an AI Cloud service, expanded its hosting services, and received $50 million from Tether exercising their warrants, enhancing its financial position.

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.

The overall stock score is primarily impacted by significant financial challenges and ongoing losses reflected in negative profitability metrics. Despite a positive technical trend, the valuation remains constrained by the negative P/E ratio. The strategic initiatives in technology development and geographic diversification provide some optimism but are overshadowed by the current financial difficulties.

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

More about Bitdeer Technologies

Bitdeer Technologies Group is a leading technology company specializing in Bitcoin mining. The company focuses on self-mining, manufacturing mining rigs, and providing hosting services, with a market presence in the U.S., Norway, and Bhutan.

Average Trading Volume: 4,721,808

Technical Sentiment Signal: Buy

Current Market Cap: $2.81B

For detailed information about BTDR stock, go to TipRanks’ Stock Analysis page.