Bitdeer Technologies Group

BTDR
$15.19 (10.63%) 08:00 PM 16/05/25

Company Introduction

Bitdeer Technologies Group (NASDAQ: BTDR) is a leading technology company specializing in blockchain and accelerated computing solutions. With a global presence, including seven data centers across three continents, Bitdeer operates a robust infrastructure supporting 22.5 EH/s of Bitcoin mining capacity and advanced AI computing platforms. The company is vertically integrated, offering diverse revenue streams through self-mining, cloud hashrate services, hosting, and hardware production, making it resilient across various market cycles. As of Q1 2024, Bitdeer achieved $119 million in revenue, with strong margins and a focus on innovation. The company is expanding its operational capacity, targeting up to 60 EH/s by the end of 2025 with additional developments in the U.S., Norway, and Bhutan. Bitdeer’s proprietary technologies, such as hashrate slicing, and its commitment to low-cost, high-efficiency operations, position it as a leader in the blockchain and high-performance computing industries. With a strategic focus on increasing self-mining capabilities and growing its AI and HPC offerings, Bitdeer is poised for continued growth and innovation in the digital infrastructure space.

Stock exchange NASDAQ
IPO Date 2021-07-28
Number of employees 183
Headquarters Singapore, Singapore

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