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Bitdeer Technologies ( (BTDR) ) has issued an update.
On June 23, 2025, Bitdeer Technologies Group completed a private placement of $330 million in 4.875% Convertible Senior Notes due 2031. This financial move is expected to enhance the company’s liquidity and support its strategic initiatives in the cryptocurrency mining sector, potentially impacting its market position and stakeholder interests.
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’s overall stock score is driven by significant financial challenges and valuation concerns, partially offset by strategic technology advancements and geographic diversification. The company’s ability to address its negative profitability and declining revenues remains crucial for future performance.
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 services. The company provides infrastructure and services for digital asset mining, positioning itself as a key player in the cryptocurrency industry.
Average Trading Volume: 4,754,174
Technical Sentiment Signal: Buy
Current Market Cap: $2.22B
Learn more about BTDR stock on TipRanks’ Stock Analysis page.