-   Expanding and accelerating HPC/AI strategy across multiple initiatives-   Received confirmation from Clarington, Ohio power utility that all 570 MW of electrical capacity will be available by end of Q3 2026-   Increased self-mining hashrate to 35.0 EH/s on continued deployment of SEALMINERs-   Launched and commenced mass production of SEALMINER A3 series-   Tydal, Norway and Jigmeling, Bhutan sites energization completed-   New power pipeline of 300 MW in Niles, Ohio officially launched in September-   First design of SEAL04 chips taped out and initial testing demonstrated sub-10 J/TH efficiency SINGAPORE, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ:BTDR) ("Bi

Singapore, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ:BTDR), a world-leading technology company for Bitcoin mining, today announced the launch of its newest self-developed Bitcoin mining machines, the SEALMINER A3 series.The latest iteration of the SEALMINER, the A3 series, includes four models: the air-cooling models (A3 Air, A3 Pro Air) and the hydro-cooling models (A3 Hydro, A3 Pro Hydro). Notably, the SEALMINER A3 Pro Hydro stands out with an impressive hashrate of 660 TH/s. Key specifications for SEALMINER A3 series: ● A3 Pro Hydro: Power Efficiency of 12.5 J/TH ±5%, Hashrate of 660 TH/s, Power Consumption of (7875W - 8625W) ±10%.● A3 Pro Air: Power Effici

-  Increased self-mining hashrate by 35% to 30.0 EH/s on continued deployment of SEALMINERs SINGAPORE, Sept. 12, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ:BTDR) ("Bitdeer" or the "Company"), a world-leading technology company for Bitcoin mining, today announced its unaudited mining and operations updates for August 2025. Operational Update Self-mined Bitcoin: 375 Bitcoins, an increase of ~33% from July 2025 due to higher average self-mining hashrate from energization of SEALMINERs.Mining Rig Manufacturing and R&D: SEALMINER A1: 4.1 EH/s have been energized.SEALMINER A2: Total of 27.8 EH/s in mining rigs have been manufactured and an additional 1.2 EH/s are in

SINGAPORE, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ:BTDR) ("Bitdeer" or the "Company"), a world-leading technology company for Bitcoin mining, today announced that it issued a notice of cleanup redemption for all $7,700,000 aggregate principal amount outstanding of its 8.50% convertible senior notes due 2029 (the "notes"). The cleanup redemption date will be September 23, 2025. The redemption price with respect to any redeemed note will equal 100% of the principal amount thereof, plus accrued and unpaid interest, from August 15, 2025, to, but excluding the cleanup redemption date. On the cleanup redemption date, the redemption price will become due and payable

- Q2 revenue of $155.6 million up 56.8% year-over-year and 121.9% sequentially- $69.5 million revenue from external sale of SEALMINER A2s- On track to achieve 40 EH/s of self-mining by end of October and exceed 40 EH/s by year-end- Entered into advanced negotiations with a development partner regarding Clarington, Ohio site for HPC/AI. SINGAPORE, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ:BTDR) ("Bitdeer" or the "Company"), a world-leading technology company for Bitcoin mining, today released its unaudited financial results for the second quarter ended June 30, 2025. Q2 2025 Financial HighlightsAll amounts compared to Q2 2024 unless otherwise noted Total revenu

- Increased self-mining hashrate by 35% to 22.3 EH/s on continued deployment of SEALMINERs- 159 MW energized in Bhutan and Norway; Rockdale, Texas Hydro-cooling conversion completed SINGAPORE, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ:BTDR) ("Bitdeer" or the "Company"), a world-leading technology company for Bitcoin mining, today announced its unaudited mining and operations updates for July 2025. Operational Update Self-mined Bitcoin: 282 Bitcoins, an increase of ~39% from June 2025 due to higher average self-mining hashrate from energization of SEALMINERs.Mining Rig Manufacturing and R&D: SEALMINER A1: 4.1 EH/s have been energized.SEALMINER A2: Total of 21.

SINGAPORE, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ:BTDR) ("Bitdeer" or the "Company"), a world-leading technology company for Bitcoin mining, today announced that it has scheduled its second quarter 2025 earnings conference call and webcast for Monday, August 18, 2025 at 8:00 AM EST. During the call, Bitdeer management will discuss the unaudited financial and operational results for the quarter ended June 30, 2025, followed by a question-and-answer session. Bitdeer will release the second quarter results before the call at approximately 7:00 AM EST on August 18, 2025. A copy of the earnings release will be available on the Company's Investor Relations website

- Joined the Russell 2000® and 3000® Indexes as of June 30, 2025- SEALMINER A3 series almost ready for mass production- Increased self-mining hashrate by 21% to 16.5 EH/s on continued deployment of SEALMINERs SINGAPORE, July 09, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ:BTDR) ("Bitdeer" or the "Company"), a world-leading technology company for Bitcoin mining, today announced its unaudited mining and operations updates for June 2025. Operational Update Self-mined Bitcoin: 203 Bitcoins, an increase of ~4% from May 2025 due to higher average self-mining hashrate from energization of SEALMINERs.Mining Rig Manufacturing and R&D: SEALMINER A1: 3.9 EH/s are energized.SEALMINE

SINGAPORE, July 01, 2025 (GLOBE NEWSWIRE) -- Bitdeer AI, part of Bitdeer Technologies Group (NASDAQ:BTDR) and a fast-growing AI neocloud platform, is proud to announce that it has been presented with the MLOps Innovation Award by AI Breakthrough. The 2025 AI Breakthrough Awards, now in their eighth year, are presented by AI Breakthrough, a leading market intelligence organization that recognizes and celebrates the most outstanding companies, technologies, and products in the rapidly evolving artificial intelligence industry. The AI Breakthrough Awards recognized Bitdeer AI with the MLOps Innovation Award for its comprehensive approach to streamlining machine learning operations through

SINGAPORE, June 18, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ:BTDR) ("Bitdeer" or the "Company"), a world-leading technology company for Bitcoin mining, today announced the pricing of US$330.0 million principal amount of 4.875% Convertible Senior Notes due 2031 (the "notes") in a private placement (the "offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The Company has also granted the initial purchasers of the notes an option to purchase, for settlement within a 13-day period beginning on, and including, the date on which the notes are first issued, up t

Needham reiterated coverage of Bitdeer Technologies with a rating of Buy and set a new price target of $13.00 from $15.00 previously

Needham reiterated coverage of Bitdeer Technologies with a rating of Buy and set a new price target of $15.00 from $18.00 previously

Keefe Bruyette initiated coverage of Bitdeer Technologies with a rating of Outperform and set a new price target of $26.50

Northland Capital initiated coverage of Bitdeer Technologies with a rating of Outperform and set a new price target of $13.00

Alliance Global Partners initiated coverage of Bitdeer Technologies with a rating of Buy and set a new price target of $14.00

Rosenblatt resumed coverage of Bitdeer Technologies with a rating of Buy and set a new price target of $9.00

Cantor Fitzgerald initiated coverage of Bitdeer Technologies with a rating of Overweight and set a new price target of $13.00

Needham initiated coverage of Bitdeer Technologies with a rating of Buy and set a new price target of $14.00

Rosenblatt initiated coverage of Bitdeer Technologies with a rating of Buy and set a new price target of $10.50

The Benchmark Company initiated coverage of Bitdeer Technologies with a rating of Buy and set a new price target of $13.00

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SINGAPORE, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ:BTDR) ("Bitdeer" or the "Company"), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for January 2024. Linghui Kong, Chief Executive Officer of Bitdeer, commented, "During January, we made important progress towards building for the future while delivering solid results in our core business. We mined 330 Bitcoins in total in January, an increase of 123.0% from the same period last year. At the same time, our month-over-month production declined as a result of lower average transaction fees and the curtailments at our G

SINGAPORE, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ:BTDR) ("Bitdeer" or the "Company"), a world-leading technology company for blockchain and high-performance computing, today announced the appointment of Mr. Jihan Wu, the Company's Founder and Chairman of its Board of Directors (the "Board"), as Chief Executive Officer of the Company, effective on March 1, 2024. In addition to his new role as Chief Executive Officer, Mr. Jihan Wu will remain as Chairman of the Company's Board. The Company's current Chief Executive Officer Mr. Linghui Kong will transition to the role of Chief Business Officer and will continue to serve as a member of the Company's Board, also ef

SINGAPORE / ACCESSWIRE / January 23, 2024 / Singapore-based Bitdeer Technologies Group (NASDAQ:BTDR) reports having the largest global footprint of any publicly traded Bitcoin miner, but it is still making strides in its expansion. As just one facet of its growth, the company reported a threefold increase in Bitcoin mining activities in September 2023, a surge that was largely attributed to its newly operational mining data center in Gedu, Bhutan. This data center, while seen as an unconventional choice, has proven to be a substantial part of Bitdeer's success in expanding its mining operations. Surge in Mining ActivitiesBitdeer's mining ventures have seen growth over the past years, with t

SINGAPORE, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ:BTDR) ("Bitdeer" or the "Company"), a world-leading technology company for Bitcoin mining, today announced that it has scheduled its second quarter 2025 earnings conference call and webcast for Monday, August 18, 2025 at 8:00 AM EST. During the call, Bitdeer management will discuss the unaudited financial and operational results for the quarter ended June 30, 2025, followed by a question-and-answer session. Bitdeer will release the second quarter results before the call at approximately 7:00 AM EST on August 18, 2025. A copy of the earnings release will be available on the Company's Investor Relations website

SINGAPORE, May 01, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ:BTDR) ("Bitdeer" or the "Company"), a world-leading technology company for Bitcoin mining, today announced that it has scheduled its first quarter 2025 earnings conference call and webcast for Thursday, May 15, 2025 at 8:00 AM EST. During the call, Bitdeer management will discuss the unaudited financial and operational results for the quarter ended March 31, 2025, followed by a question-and-answer session. Bitdeer will release the first quarter results before the call at approximately 7:00 AM EST on May 15, 2025. A copy of the earnings release will be available on the Company's Investor Relations website at htt

SINGAPORE, March 31, 2025 (GLOBE NEWSWIRE) -- SAIHEAT Limited ("SAIHEAT" or the "Company") (NASDAQ:SAIH, SAITW)), announces the sale of 40MW of cutting-edge liquid-cooling container products to one of the subsidiaries of Bitdeer Technologies Group ("Bitdeer") (NASDAQ:BTDR). The liquid-cooling containers are designed to host Bitdeer's high-performance SEALMINER mining rigs and will be deployed at Bitdeer's new data center. The Company expects to deliver these containers to Bitdeer beginning in April 2025 and complete the deployment within three months. With the order secured, the Company believes that it will significantly expand its sales of equipment business and make positive contribu

SINGAPORE, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ:BTDR) ("Bitdeer" or the "Company"), a world-leading technology company for blockchain and high-performance computing, today announced that it has scheduled its fourth quarter and full year 2024 earnings conference call and webcast for Tuesday, February 25, 2025 at 8:00 AM EST. During the call, Bitdeer management will discuss the preliminary and unaudited financial and operational results for the quarter and year ended December 31, 2024, followed by a question-and-answer session. Bitdeer will release its fourth quarter and full year 2024 preliminary and unaudited results before the call at approximately 7:00 AM

SINGAPORE, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ:BTDR) ("Bitdeer" or the "Company"), a world-leading technology company for blockchain and high-performance computing, today announced that it has scheduled its third quarter 2024 earnings conference call and webcast for Monday, November 18, 2024 at 8:00 AM EST. During the call, Bitdeer management will discuss the unaudited financial and operational results for the quarter ended September 30, 2024, followed by a question and answer session. Bitdeer will release the third quarter results before the call at approximately 7:00 AM EST on November 18, 2024. A copy of the earnings release will be available on the Com

SINGAPORE, May 31, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ:BTDR) ("Bitdeer" or the "Company"), a world-leading technology company for blockchain and high-performance computing, today announced that it entered into a subscription agreement with Tether International Limited ("Tether") for the private placement of 18,587,360 Class A ordinary shares and a warrant to purchase up to 5,000,000 additional shares at $10.00 per share. The closing of the private placement occurred on May 30, 2024. The transaction generated $100 million in gross proceeds from the share issuance and could provide an additional $50 million if the warrant is fully exercised. The warrant is subject to

SINGAPORE, March 29, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ:BTDR) ("Bitdeer" or the "Company"), a world-leading technology company for blockchain and high-performance computing, today announced its financial results for the year ended December 31, 2023. Full Year 2023 Financial Highlights Total revenue was US$368.6 million, compared to US$333.3 million in 2022.Net loss was US$56.7 million, compared to US$60.4 million in 2022.Adjusted profit was US$22.0 million, compared to US$30.3 million in 2022.Adjusted EBITDA was US$100.3 million, compared to US$93.2 million in 2022.Cash and cash equivalents were US$144.7 million as of December 31, 2023. Linghui Kong, Chief

SINGAPORE, May 16, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ:BTDR) ("Bitdeer" or the "Company"), a world-leading technology company for the cryptocurrency mining community, today announced its unaudited financial results for the first quarter ended March 31, 2023. Linghui Kong, Chief Executive Officer of Bitdeer, commented, "We continued to deliver robust performance and maintained a sufficient cash flow during the first quarter, despite macroeconomic and crypto-market headwinds. While we recorded a net loss of $9.5 million, our non-IFRS adjusted profit was $2.8 million and non-IFRS adjusted EBITDA was $18.5 million. At the operational level, we proactively optimized our

SINGAPORE, April 20, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ:BTDR) ("Bitdeer" or the "Company"), a world-leading technology company for the cryptocurrency mining community, today announced its financial results for the year ended December 31, 2022. Full Year 2022 Financial and Operational Highlights Total revenue was $333.3 million in 2022, compared to $394.7 million in 2021, primarily due to a decrease in revenue generated from proprietary mining, sales of mining machines, and Cloud Hash Rate, partially offset by an increase in revenue generated from three types of hosting services, which was partially driven by an expansion of the Company's minin

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