Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
BTDR
Upturn stock ratingUpturn stock rating

Bitdeer Technologies Group Class A Ordinary Shares (BTDR)

Upturn stock ratingUpturn stock rating
$8.96
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: BTDR (5-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Outstanding Performance

These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.

AI Based Fundamental Rating

ratingratingratingratingrating

Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Analysis of Past Performance

Type Stock
Historic Profit 206.68%
Avg. Invested days 64
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.55B USD
Price to earnings Ratio -
1Y Target Price 22.05
Price to earnings Ratio -
1Y Target Price 22.05
Volume (30-day avg) 6033329
Beta 2.25
52 Weeks Range 5.23 - 26.99
Updated Date 04/6/2025
52 Weeks Range 5.23 - 26.99
Updated Date 04/6/2025
Dividends yield (FY) -
Basic EPS (TTM) -4.36

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -171.29%
Operating Margin (TTM) -754.68%

Management Effectiveness

Return on Assets (TTM) -33.55%
Return on Equity (TTM) -196.71%

Valuation

Trailing PE -
Forward PE 97.09
Enterprise Value 1354799739
Price to Sales(TTM) 4.42
Enterprise Value 1354799739
Price to Sales(TTM) 4.42
Enterprise Value to Revenue 3.87
Enterprise Value to EBITDA 181.5
Shares Outstanding 144100000
Shares Floating 74587726
Shares Outstanding 144100000
Shares Floating 74587726
Percent Insiders 39.77
Percent Institutions 22.72

Analyst Ratings

Rating 4.73
Target Price 24.29
Buy 3
Strong Buy 8
Buy 3
Strong Buy 8
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Bitdeer Technologies Group Class A Ordinary Shares

stock logo

Company Overview

overview logo History and Background

Bitdeer Technologies Group is a technology company focused on cryptocurrency mining. Founded in 2018, it provides services related to mining infrastructure and cloud-based mining solutions.

business area logo Core Business Areas

  • Mining Datacenters: Develops and operates mining datacenters for cryptocurrency mining.
  • Cloud Hashrate: Offers cloud-based hashrate services, allowing users to rent computing power for mining.
  • Minerplus: Provides a platform for cryptocurrency miners to manage their operations.

leadership logo Leadership and Structure

Linghui Kong is the CEO. The company has a standard organizational structure with departments for technology, operations, finance, and marketing.

Top Products and Market Share

overview logo Key Offerings

  • Cloud Hashrate: Bitdeer's cloud hashrate service allows users to rent computing power for mining cryptocurrencies like Bitcoin. Market share data is difficult to determine precisely due to the fragmented nature of the cloud mining industry. Competitors include Genesis Digital Assets and Marathon Digital Holdings (MARA).
  • Mining Datacenters: Bitdeer develops and operates mining datacenters. Market share data is not publicly available. Key competitors are Riot Platforms (RIOT) and Core Scientific (CORZ).

Market Dynamics

industry overview logo Industry Overview

The cryptocurrency mining industry is characterized by high volatility, regulatory uncertainty, and increasing competition. The industry is also heavily influenced by cryptocurrency prices and technological advancements in mining hardware.

Positioning

Bitdeer positions itself as a provider of reliable and efficient cryptocurrency mining solutions, emphasizing its mining datacenters and cloud-based services. Its competitive advantage lies in its integrated approach to mining operations.

Total Addressable Market (TAM)

The total addressable market for cryptocurrency mining is estimated to be in the billions of dollars, depending on cryptocurrency prices and mining difficulty. Bitdeer is positioned to capture a portion of this market through its datacenter operations and cloud services.

Upturn SWOT Analysis

Strengths

  • Strong Infrastructure
  • Integrated Mining Solutions
  • Experienced Management Team

Weaknesses

  • Dependence on Cryptocurrency Prices
  • Regulatory Risks
  • Intense Competition

Opportunities

  • Expansion into New Geographies
  • Development of New Mining Technologies
  • Partnerships with Cryptocurrency Exchanges

Threats

  • Cryptocurrency Price Volatility
  • Increasing Mining Difficulty
  • Regulatory Changes

Competitors and Market Share

competitor logo Key Competitors

  • RIOT
  • CORZ
  • MARA

Competitive Landscape

Bitdeer competes with other cryptocurrency mining companies based on factors such as hashrate capacity, mining efficiency, and operating costs. The company aims to differentiate itself through its integrated mining solutions and reliable infrastructure.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Historical growth requires previous years' financial data. Not provided.

Future Projections: Future projections require analyst estimates. Not provided.

Recent Initiatives: Bitdeer has focused on expanding its mining datacenter capacity and improving the efficiency of its cloud mining services.

Summary

Bitdeer is a cryptocurrency mining company with a focus on mining datacenters and cloud hashrate services. Its strengths lie in its infrastructure and integrated solutions. However, it faces challenges related to cryptocurrency price volatility and regulatory risks. The company's future growth depends on its ability to expand its operations and adapt to the evolving cryptocurrency market.

Similar Companies

CORZratingrating

Core Scientific, Inc. Common Stock

$7.02
Mid-Cap Stock
0%
Top Performer
PASS

CORZratingrating

Core Scientific, Inc. Common Stock

$7.02
Mid-Cap Stock
Top Performer
0%
PASS

HIVEratingrating

HIVE Blockchain Technologies Ltd

$1.4
Small-Cap Stock
0%
PASS

HIVEratingrating

HIVE Blockchain Technologies Ltd

$1.4
Small-Cap Stock
0%
PASS

MARAratingrating

Marathon Digital Holdings Inc

$11.26
Mid-Cap Stock
0%
PASS

MARAratingrating

Marathon Digital Holdings Inc

$11.26
Mid-Cap Stock
0%
PASS

RIOTratingrating

Riot Blockchain Inc

$7.14
Mid-Cap Stock
0%
PASS

RIOTratingrating

Riot Blockchain Inc

$7.14
Mid-Cap Stock
0%
PASS

Sources and Disclaimers

Data Sources:

  • Company filings, Industry reports, Financial news sources

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share data is estimated and may not be precise.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Bitdeer Technologies Group Class A Ordinary Shares

Exchange NASDAQ
Headquaters -
IPO Launch date 2023-04-13
Founder, Chairman & CEO Mr. Jihan Wu
Sector Technology
Industry Software - Application
Full time employees -
Full time employees -

Bitdeer Technologies Group operates as a technology company for blockchain and computing. It offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining machine hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining; as well as mines cryptocurrencies for its own account. The company also operates mining datacenters to generate hash rate; handles various processes involved in computing, such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations; and sells mining machines. The company is headquartered in Singapore.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​