Bitdeer Technologies Group (NASDAQ:BTDR) Shares Gap Down – Here’s Why

Shares of Bitdeer Technologies Group (NASDAQ:BTDR) gapped down prior to trading on Tuesday . The stock had previously closed at $15.84, but opened at $14.40. Bitdeer Technologies Group shares last traded at $14.2550, with a volume of 1,276,795 shares traded.

Key Stories Impacting Bitdeer Technologies Group

Here are the key news stories impacting Bitdeer Technologies Group this week:

• Positive Sentiment: Company announced deployment of NVIDIA GB200 NVL72 in Malaysia to expand AI computing capacity, a strategic move investors view as a growth catalyst for AI services and higher?margin compute revenue. Read More.
• Positive Sentiment: Bitdeer’s SEALMINER mining rigs are cited as contributing to robust Bitcoin mining operations, supporting core crypto?mining revenue and cash flow potential. Read More.
• Negative Sentiment: A wave of class?action lawsuits and lead?plaintiff solicitations has been filed/announced by multiple firms alleging securities fraud for the period June 6, 2024–Nov 10, 2025; these raise potential legal costs, management distraction, and settlement risk (lead?plaintiff deadline cited as Feb 2, 2026). See notices from Pomerantz, Schall, Portnoy, Rosen, DJS, Bronstein, etc. Read More. Read More. Read More. Read More. Read More. Read More.
• Negative Sentiment: Analyst pressure: Northland issued a negative outlook on BTDR earnings, which can amplify selling pressure and lower near?term expectations for profitability. Read More.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. B. Riley cut their target price on Bitdeer Technologies Group from $32.00 to $29.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Needham & Company LLC lifted their price objective on Bitdeer Technologies Group from $17.00 to $30.00 and gave the company a “buy” rating in a research note on Thursday, October 16th. BTIG Research reiterated a “buy” rating on shares of Bitdeer Technologies Group in a report on Friday. Cantor Fitzgerald dropped their target price on shares of Bitdeer Technologies Group to $34.00 and set an “overweight” rating for the company in a research report on Tuesday, December 16th. Finally, Benchmark restated a “buy” rating on shares of Bitdeer Technologies Group in a report on Monday, October 20th. Eleven analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $27.26.

Bitdeer Technologies Group Stock Performance

The company has a debt-to-equity ratio of 0.46, a current ratio of 0.90 and a quick ratio of 0.74. The firm’s fifty day simple moving average is $11.88 and its 200 day simple moving average is $14.87. The company has a market capitalization of $3.07 billion, a price-to-earnings ratio of -2.59 and a beta of 2.33.

Bitdeer Technologies Group (NASDAQ:BTDR) last released its quarterly earnings data on Monday, November 10th. The company reported ($1.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.22) by ($1.06). The business had revenue of $169.71 million during the quarter, compared to analyst estimates of $151.80 million. Bitdeer Technologies Group had a negative net margin of 115.59% and a negative return on equity of 91.31%. The firm’s revenue for the quarter was up 173.7% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.35) EPS. On average, sell-side analysts forecast that Bitdeer Technologies Group will post -0.73 EPS for the current year.

Institutional Trading of Bitdeer Technologies Group

Several large investors have recently made changes to their positions in BTDR. First Trust Advisors LP grew its stake in shares of Bitdeer Technologies Group by 2.2% during the third quarter. First Trust Advisors LP now owns 40,138 shares of the company’s stock valued at $686,000 after purchasing an additional 878 shares during the last quarter. Main Management ETF Advisors LLC boosted its position in Bitdeer Technologies Group by 1.6% in the 2nd quarter. Main Management ETF Advisors LLC now owns 57,153 shares of the company’s stock valued at $656,000 after buying an additional 924 shares during the last quarter. Advisors Asset Management Inc. increased its stake in shares of Bitdeer Technologies Group by 68.4% in the 2nd quarter. Advisors Asset Management Inc. now owns 2,570 shares of the company’s stock valued at $30,000 after buying an additional 1,044 shares during the period. Public Employees Retirement System of Ohio lifted its stake in shares of Bitdeer Technologies Group by 5.6% during the third quarter. Public Employees Retirement System of Ohio now owns 20,800 shares of the company’s stock valued at $355,000 after acquiring an additional 1,100 shares during the period. Finally, Alliancebernstein L.P. boosted its holdings in Bitdeer Technologies Group by 1.3% in the third quarter. Alliancebernstein L.P. now owns 104,787 shares of the company’s stock valued at $1,791,000 after acquiring an additional 1,307 shares during the last quarter. Institutional investors own 22.25% of the company’s stock.

About Bitdeer Technologies Group

Bitdeer Technologies Group Inc (NASDAQ:BTDR) is a global digital asset mining and computing services provider focused on delivering secure and efficient hashrate solutions to institutional and retail customers. The company leverages its proprietary mining platform to offer hosted mining, hashrate sales and management services, enabling clients to access large-scale mining operations without direct investment in hardware or infrastructure.

Bitdeer’s core offerings include mining hosting services, whereby the firm installs, operates and maintains specialized mining equipment on behalf of customers, and hashrate-as-a-service products that provide fixed-capacity mining power with transparent pricing structures.