BITDEER(BTDR)
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Bitdeer Announces December 2024 Production and Operations Update
GlobeNewswire· 2025-01-08 13:00
- Production of approximately 35 EH/s of SEALMINER A2s through Q3 2025 remains on track.- ~7 EH/s of SEALMINER A2s allocated for external sale have been ordered by customers, including the full receipt of related down payments.- SEAL03 sample wafers with an anticipated chip efficiency of 10 J/TH expected in Q1 2025.- SEAL04 R&D remains on track to achieve industry leading efficiency of 5 J/TH with anticipated initial tape-out in Q3 2025. SINGAPORE, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Grou ...
Bitdeer Announces Pricing of US$360.0 Million Convertible Senior Notes Offering
GlobeNewswire News Room· 2024-11-22 13:00
SINGAPORE, Nov. 22, 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 pricing of US$360.0 million principal amount of 5.25% Convertible Senior Notes due 2029 (the “notes”) in a private placement (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities ...
Bitdeer Announces Proposed Private Placement of US$360.0 Million of Convertible Senior Notes
GlobeNewswire News Room· 2024-11-21 21:01
SINGAPORE, Nov. 21, 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 that it intends to offer, subject to market conditions and other factors, US$360.0 million principal amount of Convertible Senior Notes due 2029 (the “notes”) in a private placement (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under th ...
Bitdeer AI Named Top 100 Software Companies of 2024 by The Software Report
GlobeNewswire News Room· 2024-11-21 05:00
SINGAPORE, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Bitdeer AI, part of Bitdeer Technologies Group (NASDAQ: BTDR), an emerging AI cloud service provider, is proud to announce its inclusion in the Top 100 Software Companies of 2024, ranked 8 in the Cloud Management by The Software Report. The Software Report’s Top 100 Software Companies award is a prestigious recognition of excellence in the software industry, grounded in a rigorous evaluation of product functionality, customer satisfaction, corporate reputation, i ...
Bitdeer Technologies: Managing The New Economics Of Bitcoin Mining (Rating Downgrade)
Seeking Alpha· 2024-11-19 20:41
Bitdeer Technologies (NASDAQ: BTDR ) has emerged as a leader in the nascent blockchain industry with a unique business strategy. Recognized as one of the world's largest publicly traded Bitcoin ( BTC-USD ) miners, the company also develops data center power infrastructureAnalyst’s Disclosure: I/we have a beneficial long position in the shares of BTC-USD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensatio ...
BITDEER(BTDR) - 2024 Q3 - Quarterly Report
2024-11-18 21:06
Exhibit 99.1 Bitdeer Reported Unaudited Financial Results for the Third Quarter of 2024 SINGAPORE, November 18, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) ("Bitdeer" or the "Company"), a world-leading technology company for blockchain and high-performance computing, today released its unaudited financial and operational results for the third quarter ended September 30, 2024. Q3 2024 Financial Highlights • Total revenue was US$62.0 million, compared to US$87.3 million in Q3 2023. • Co ...
BITDEER(BTDR) - 2024 Q3 - Earnings Call Transcript
2024-11-18 16:57
Bitdeer Technologies Group (NASDAQ:BTDR) Q3 2024 Earnings Call Transcript November 18, 2024 8:00 AM ET Company Participants Yujia Zhai - IR, Orange Group Haris Basit - CSO Jeff LaBerge - Head of Capital Markets & Strategic Initiatives Jihan Wu - Chairman and CEO Matt Kong - Chief Business Officer Conference Call Participants Greg Lewis - BTIG Brett Knoblauch - Cantor Fitzgerald Kevin Cassidy - Rosenblatt Securities Darren Aftahi - Roth Mike Colonnese - H.C. Wainwright & Company John Todaro - Needham & Compa ...
Bitdeer Technologies Group (BTDR) Reports Q3 Loss, Lags Revenue Estimates
ZACKS· 2024-11-18 14:15
Bitdeer Technologies Group (BTDR) came out with a quarterly loss of $0.35 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -84.21%. A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced earnings of $0.03, delivering no surprise.Over the last four quarters, the company h ...
Analysts Estimate Bitdeer Technologies Group (BTDR) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-11-11 16:00
The market expects Bitdeer Technologies Group (BTDR) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expecte ...
Bitdeer Announces October 2024 Production and Operations Update
GlobeNewswire News Room· 2024-11-06 14:15
- Launched SEALMINER A2 air and hydro-cooling models with 226 TH/s and 446 TH/s, respectively, and 16.5 J/TH efficiency- Anticipated near-term mass production of approximately 21.7 EH/s of SEALMINER A1 and A2 SINGAPORE, Nov. 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 October 2024. Operational Update Self-mi ...