Keefe Bruyette initiated coverage on Bitdeer Technologies with a new price target
$BTDR
Finance: Consumer Services
Finance
Keefe Bruyette initiated coverage of Bitdeer Technologies with a rating of Outperform and set a new price target of $26.50
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/21/2025 | $15.00 → $13.00 | Buy | Needham |
| 3/19/2025 | $18.00 → $15.00 | Buy | Needham |
| 1/27/2025 | $26.50 | Outperform | Keefe Bruyette |
| 10/9/2024 | $13.00 | Outperform | Northland Capital |
| 10/8/2024 | $14.00 | Buy | Alliance Global Partners |
| 8/14/2024 | $9.00 | Buy | Rosenblatt |
| 6/11/2024 | $13.00 | Overweight | Cantor Fitzgerald |
| 4/15/2024 | $14.00 | Buy | Needham |
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
SC 13D/A - Bitdeer Technologies Group (0001899123) (Subject)
SC 13G/A - Bitdeer Technologies Group (0001899123) (Subject)
SC 13D/A - Bitdeer Technologies Group (0001899123) (Subject)
6-K - Bitdeer Technologies Group (0001899123) (Filer)
6-K - Bitdeer Technologies Group (0001899123) (Filer)
6-K - Bitdeer Technologies Group (0001899123) (Filer)
SINGAPORE, May 15, 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 first quarter ended March 31, 2025. Q1 2025 Financial HighlightsAll amounts compared to Q1 2024 unless otherwise noted Total revenue was US$70.1 million vs. US$119.5 million.Cost of revenue was US$73.4 million vs. US$85.4 million.Gross profit was negative US$3.2 million vs. positive US$34.1 million.Net income was US$409.5 million vs. US$0.6 million.Adjusted EBITDA1 was negative US$56.1 million, vs. positive US$27.32 million.Cash and cash equivalents were US$215.6 mil
SINGAPORE, May 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 April 2025. Operational Update Self-mined Bitcoin: 166 Bitcoins, increase of 45.6% from March 2025 on higher average self-mining hashrate from energization of SEALMINERs.Mining Rig Manufacturing and R&D: SEALMINER A1: 3.7 EH/s are energized with remaining 0.1 EH/s to be energized in Q2 2025.SEALMINER A2: Total of 3.3 EH/s mining rigs have been manufactured and 1.2 EH/s are in assembly as of the end of April.Of the 3.3 EH/s mining rigs that
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, 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, 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