Bitdeer Technologies Group (BTDR) shares rallied 8.6% in the last trading session to close at $9.86. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 53.9% gain over the past four weeks.The company is benefitting from an increased deployed mining fleet, improved cash margins and decreased digital asset impairment charges. This company is expected to post quarterly earnings of $0.01 per share in its upcoming re ...

Core Insights - The episode 577 of "New to The Street" features interviews with various companies, highlighting innovations in their respective industries, including electric vehicles, real estate, blockchain technology, social media, and cybersecurity [1][2][3]. Group 1: Electric Vehicles - Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) is introducing the i300 electric urban motorcycle, targeting the $130 billion global powered two-wheeler market, claiming it to be the first significant innovation in the sector in 50 years [3][11]. - The i300 is designed for high performance and ease of use, appealing particularly to consumers in emerging markets like Southeast Asia and India, with a patented design that enhances consumer desirability [3][11]. Group 2: Real Estate - La Rosa Holdings Corp. (NASDAQ:LRHC) is disrupting the real estate industry with a proprietary AI technology platform that offers agents a choice between revenue-share or annual fee models, allowing for 100% commissions [4][12]. - The company focuses on agent-centric services, aiming to attract and retain agents by providing multiple revenue streams and a supportive work culture [4][5][12]. Group 3: Blockchain Technology - Bitdeer Technology Group, Inc. (NASDAQ:BTDR) sponsors a segment discussing JP Morgan's Onyx Digital Assets, which is focused on the tokenization of assets and aims to revolutionize financial transactions through blockchain technology [6][13]. - JP Morgan has been exploring blockchain since 2015, believing it can enhance financial services and improve transaction efficiency [6][13]. Group 4: Social Media - Geojam (CRYPTO: JAM) is a decentralized social media platform that allows users to earn tokens for content creation and sharing, integrating AI to enhance user engagement and democratize social influence [7][17]. - The platform has celebrity endorsements, including Mariah Carey, and aims to transform the $215 billion social media industry through its unique ecosystem [7][17]. Group 5: Cybersecurity - Sekur Private Data Ltd. (OTCQB:SWISF) provides cybersecurity solutions, emphasizing the importance of protecting against email compromises, which account for 91% of hacking incidents [9][10][18]. - The company offers a suite of secure communication tools and recently launched SekurRelay, enhancing email security for businesses and individuals [10][18].

SINGAPORE, June 07, 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 research & development (R&D) technology roadmap for the SEALMINER Bitcoin mining machine. This disclosure reaffirms the Company's ongoing commitment towards driving greater transparency in the mining industry. In the dynamically evolving mining market, two aspects of transparency are particula ...

SINGAPORE, June 07, 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 research & development (R&D) technology roadmap for the SEALMINER Bitcoin mining machine. This disclosure reaffirms the Company’s ongoing commitment towards driving greater transparency in the mining industry. In the dynamically evolving mining market, two aspects of transparency are particul ...

SINGAPORE, June 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 that it entered into a share purchase agreement (the “Agreement”) with FreeChain Inc. (“Desiweminer”), a fabless crypto ASIC design company, on June 3, 2024 to acquire all of the issued and outstanding shares of Desiweminer for a consideration of 20 million Class A ordinary shares of the Company ...

SINGAPORE, June 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 that it entered into a share purchase agreement (the “Agreement”) with FreeChain Inc. (“Desiweminer”), a fabless crypto ASIC design company, on June 3, 2024 to acquire all of the issued and outstanding shares of Desiweminer for a consideration of 20 million Class A ordinary shares of the Company ...

SINGAPORE, June 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 May 2024. Linghui Kong, Chief Business Officer of Bitdeer, commented, “During May, we made solid progress on our key initiatives at Bitdeer. We successfully completed the initial trial production run of our Sealminer A1 ASICs and we will begin shipp ...

SINGAPORE, June 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 May 2024. Linghui Kong, Chief Business Officer of Bitdeer, commented, "During May, we made solid progress on our key initiatives at Bitdeer. We successfully completed the initial trial production run of our Sealminer A1 ASICs and we will begin shippi ...

Bitdeer Technologies Group (BTDR) came out with quarterly earnings of $0.08 per share, in line with the Zacks Consensus Estimate. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post earnings of $0.11 per share when it actually produced earnings of $0.05, delivering a surprise of -54.55%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.BITDEER TEC GRP, ...

The Bitcoin (BTC-USD) halving event has passed, and with it comes a renewed interest in blockchain technology and its potential for transforming various industries. As the cryptocurrency market continues to evolve, savvy investors are looking beyond just Bitcoin and exploring opportunities in companies that are leveraging blockchain technology to disrupt traditional business models.Despite the fears around “higher for longer” interest rates, geopolitical instabilities and a stock market sell-off, I am firml ...