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BTDR

Bitdeer Technologies Group

BTDR

NASDAQ·Technology·Software - Application·Mkt cap $3.6B

$13.85

-10.30%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$6.92 - $27.80

P/E

-5.63

Fwd P/E

-9.30

Beta

2.45

Div Yield

0.00%

Avg Vol

9.1M

Shares Out

204.7M

Mkt Cap

$3.6B

Price action

Price chart

Up 18.0% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

3 reasons

  • Global datacenter footprint with access to low-cost renewable energy in US and Norway
  • Vertically integrated operations spanning procurement, logistics, construction, and management
  • Operational expertise and scale enabling cost optimization and mining efficiency

Bear Case

2 risks

  • High volatility (beta 2.5). Larger-than-normal price swings expected.
  • Growth premium of 0.0x vs Enterprise SaaS peers. Reasonable for this growth rate.

Growth

Strong growth ahead

Increasing institutional adoption of cryptocurrency and blockchain technology

Value

Growth premium of 0.0x vs Enterprise SaaS peers. Reasonable for this growth rate.

Momentum

Hot

+65.1% over 3m

Quality

Thin

Emerging growth company (146% revenue growth). Early stage with higher risk.

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Aug 17, 2026

Q2 26 RECAP

MAY 14, 2026

Reported EPS of -$0.68 vs -$0.47 consensus (-44.7% surprise). Revenue of $188.9M vs $184.0M expected (+2.7%).

EPS miss
Rev beat +2.7%

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-44.7%

Next: Aug 17, 2026

Revenue trend · last 8Q

-40%

-41%

+57%

+174%

+226%

+169%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$99.2M

$62.0M

$69.0M

$70.1M

$155.6M

$169.7M

$224.8M

$188.9M

Margins · last 8Q

Gross

Operating

Profit

-84.4%

Wall Street consensus

8 analysts · 75% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

6

75%

Hold

2

25%

Sell

0%

Median Price Target

$10.00

-27.8% vs $13.85

Low $10.00
Median $10.00
High $10.00

Latest: Citi · Jun 24, 2026

1 analyst covering

vs Industry

How BTDR stacks vs Software - Application

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.