Core Insights - Bitcoin mining stock prices have surged recently, driven by market enthusiasm for miners engaging in AI ventures [1][7] Company Performance - Major bitcoin miners such as Bitdeer, Bitfarms, Hut 8, CleanSpark, and Core Scientific have seen significant price increases, with Bitdeer leading at a 27% rise [2] - Over the past week, Bitfarms has outperformed with a 66% increase, followed by Bitdeer at 29.5%, TeraWulf at 23.2%, Hut 8 at 21.4%, CleanSpark at 20.4%, and Cipher at 17.5% [3] - IREN has shown a remarkable performance, up 1,100% over the last six months, despite lagging behind peers in the weekly timeframe [4] Financial Developments - IREN has closed a $1 billion convertible note to support its AI business, with Cantor Fitzgerald setting a $100 price target based on its neocloud business and the potential of its Sweetwater campus [5] - Bitdeer announced plans to have 200 MW of critical IT load operational in Southeast Asia by the end of 2026, projecting an estimated annual recurring revenue of $2 billion [6] Market Trends - The bitcoin mining sector has been experiencing a strong upward trend since summer, largely due to the AI investment wave, leaving miners without AI or high-performance computing initiatives at a disadvantage [7]

Core Viewpoint - The cryptocurrency mining sector showed strong performance with significant stock price increases for several companies following policy proposals from UK Reform Party leader Nigel Farage, positioning himself as a supporter of digital assets [1] Group 1: Company Performance - Bitdeer Technologies (BTDR.US) surged over 25% [1] - Applied Digital (APLD.US) increased by more than 12% [1] - Hut 8 (HUT.US) rose nearly 10% [1] - Bitfarms (BITF.US) gained over 5% [1] Group 2: Policy Proposals - Farage proposed a unified capital gains tax of 10% on cryptocurrencies [1] - He suggested establishing a national Bitcoin reserve of approximately £5 billion using confiscated cryptocurrencies [1] - The proposal includes halting the Bank of England's digital pound project [1] - He advocated for allowing tax payments in cryptocurrency on a voluntary basis [1]

Bitcoin (BTC) mining firm Bitdeer Technologies (BTDR) jumped as much as 30% on Wednesday after announcing new steps to fast-track its expansion into high-performance computing (HPC) and artificial intelligence (AI) infrastructure. The Singapore-based company said it will directly manage development of its own AI data centers rather than rely on outside partners, starting with its facility in Clarington, Ohio. Bitdeer said the local utility confirmed that all 570 megawatts (MW) of electrical capacity will ...

Core Insights - Bitdeer Technologies Group reported significant operational updates for September 2025, highlighting advancements in self-mining, chip development, and expansion into HPC/AI data centers [1][2]. Operational Update - The company increased its self-mining hashrate to 35.0 EH/s, with a target of reaching 40 EH/s by the end of October 2025, marking a 20.5% increase in Bitcoins mined to 452 compared to August 2025 [5][10]. - Mass production of the SEALMINER A3 series has commenced, with initial shipments expected in October 2025 [5][9]. - The first design of SEAL04 chips has been taped out, demonstrating sub-10 J/TH efficiency in initial testing, with plans for mass production [5][9]. Mining Rig Manufacturing and R&D - A total of 34.2 EH/s in mining rigs have been manufactured, with 6.1 EH/s shipped to external customers and 22.6 EH/s deployed for self-mining [5][10]. - The SEALMINER A3 series includes models with power efficiencies ranging from 12.5 J/TH to 14 J/TH and hashrates from 260 TH/s to 660 TH/s [5][9]. Infrastructure Development - The company is expanding its HPC/AI strategy, with a focus on the Clarington, Ohio site, which will have 570 MW of electrical capacity available by the end of Q3 2026 [7][8]. - Bitdeer plans to convert its Tydal Phase 2 site into an AI data center by Q4 2026, with minimal impact on current mining operations [8][9]. - The total global power pipeline has increased to 3 GW, with various sites under construction or in planning stages [8][10]. Financial Outlook - Bitdeer anticipates that by the end of 2026, it could generate an annualized revenue run-rate exceeding US$2 billion from its AI factory operations [8][9]. - The company's neo cloud business, Bitdeer.AI, achieved US$8 million in AI cloud ARR in September 2025, with significant growth expected [8][9].

Group 1 - U.S. stock futures are lower, with Dow futures falling more than 350 points [1] - Orion SA expects third-quarter adjusted EBITDA to be around $55 million and full-year adjusted EBITDA in the range of $220-$235 million, leading to an 18.6% drop in shares to $5.56 in pre-market trading [1] Group 2 - ENDRA Life Sciences Inc shares fell 19.4% to $6.54 after a previous 25% increase due to $4.9 million in funding commitments [4] - Canaan Inc shares tumbled 11.8% to $1.34 after a 39% jump, despite a maintained Buy rating and $4 price target from Rosenblatt analyst [4] - DBV Technologies SA shares fell 11.8% to $14.48 after gaining around 10% previously [4] - Nanobiotix SA shares tumbled 10.2% to $27.23 after a previous increase of over 28% [4] - Draganfly Inc shares dipped 9.4% to $12.47 after filing for a mixed shelf of up to $200 million [4] - Bitdeer Technologies Group shares fell 9% to $18.61 after a 15% gain [4] - Diginex Ltd shares fell 9% to $23.40 [4] - HIVE Digital Technologies shares dipped 8.1% to $6.21, despite a maintained Buy rating and $10 price target [4] - Oatly Group AB shares fell 7.8% to $13.29 after a 5% gain [4] - Bit Digital Inc shares declined 7.7% to $3.69 after a previous gain of over 6% [4] - Upexi Inc shares fell 7.7% to $5.98 [4] - Sharplink Gaming Inc shares declined 7.1% to $14.98 after adding 5% previously [4] - Nio Inc shares fell 5% to $6.82, influenced by new port fees affecting US-listed Chinese stocks [4] - Alibaba Group Holding Ltd shares declined 4% to $160.20, also impacted by new port fees [4]

Group 1: Market Recovery and Performance - Crypto mining stocks, particularly Bitfarms (BITF) and Cipher Mining (CIFR), saw significant gains of 26% and 20% respectively on Monday, recovering from Friday's market downturn [1] - Other mining companies like Bitdeer (BTDR), IREN (IREN), and MARA Holdings (MARA) also advanced around 10%, indicating optimism in the market due to AI compute demand [1] Group 2: Influential Deals and Partnerships - OpenAI's partnership with Broadcom (AVGO) to develop custom chips for AI and machine learning may have contributed to positive market sentiment [2] - Bloom Energy (BE) announced a $5 billion deal with Brookfield Asset Management to deploy fuel cells in data centers, addressing the energy demands of AI [2] Group 3: Market Context and Investor Sentiment - The gains in the crypto sector followed a steep downturn due to heightened trade tensions between the U.S. and China, with Trump imposing a 100% increase in tariffs on Chinese goods [3] - Investor concerns eased over the weekend, leading to a 2.1% increase in the Nasdaq and a 1.4% increase in the S&P 500 on Monday [3] Group 4: Other Crypto-Related Stocks - Other crypto-related companies experienced modest gains, with Strategy (MSTR) rising 2.8% and Robinhood increasing by 1% [4] - BitMine (BMNR) reported a nearly 7% bounce after purchasing over 200,000 Ethereum tokens worth over $840 million, capitalizing on recent price dips [4]

Core Viewpoint - JonesResearch initiated coverage of Bitdeer (BTDR) with a Buy rating and a $32 price target, applying a 20x EV/EBITDA multiple to its 2026 EBITDA estimate of $435.5 million, indicating confidence in Bitdeer's leadership in HPC hosting and potential upside from colocation deals [1] Company Overview - Bitdeer operates a vertically integrated model, designing, manufacturing, and deploying its Sealminer rigs, which is expected to lower self-mining gross margins from a hashcost of $0.037/TH to fleet efficiencies of 14.2 J/TH by the end of 2027 [2] - External Sealminer sales are conservatively modeled at 19 EH/s in 2026 and 32 EH/s in 2027, representing a significant opportunity in the $3 billion–$5 billion ASIC hardware market [2] - Bitdeer is positioned to capture market share from competitors like Bitmain, especially among new entrants [2] Valuation Metrics - Bitdeer trades at 6.8–10.6x EV/EBITDA on 2026 estimates, significantly below the coverage universe's median of 18.3–28.7x [2] - The report highlights substantial unrecognized value in two AI/HPC colocation assets: the 570 MW Clarington, Ohio site valued at $26.64–$36.46 per share and the 309 MW Norwegian portfolio worth $14.44–$19.77 per share [2] Key Catalysts - Key catalysts for Bitdeer include closing colocation leases at Clarington and Norway, as well as the planned release of the next-generation Sealminer A4-2 rig targeting 5.5–6.0 J/TH efficiency in late 2026 [3]

Group 1 - Bitdeer Technologies Group (NASDAQ:BTDR) saw a significant share price increase of 10.28% to close at $19.42, driven by a rally in Bitcoin prices and market optimism for potential rate cuts [1][2] - The current price of Bitcoin is $122,375, reflecting a 9% increase from the previous week and a 1.62% rise from the day before [1] - Investors are anticipating the announcement of Bitdeer's September production results in the coming days [2] Group 2 - Bitdeer recently launched its new self-developed Bitcoin mining machines, the Sealminer A3 series, which are designed to be low-noise and significantly reduce power consumption per unit of hash rate [2] - The new mining machines enhance energy efficiency and environmental sustainability, leading to lower operational costs for miners while meeting the demands of large-scale mining operations [3]

Bitdeer Technologies Group (NASDAQ:BTDR) is one of the Unstoppable Stocks to Buy and Hold for the Next 5 Years. On September 22, Roth Capital lifted the price target on the company’s stock to $40 from $18, while keeping a “Buy” rating, as reported by The Fly. As per the analyst, Bitdeer Technologies Group (NASDAQ:BTDR)’s exposure to high-performance computing and AI might not be the narrative right now, but it will quickly become one over the upcoming 6 – 9 months. Roth Capital Lifts PT on Bitdeer Technol ...

Core Insights - Bitdeer Technologies Group has launched its latest self-developed Bitcoin mining machines, the SEALMINER A3 series, which includes four models with varying cooling methods and hashrates [1][3]. Product Specifications - The SEALMINER A3 series features low-noise operation and reduced power consumption per unit of hashrate, enhancing energy efficiency and sustainability [3]. - The A3 Pro Hydro model has a hashrate of 660 TH/s, power efficiency of 12.5 J/TH ±5%, and power consumption ranging from 7875W to 8625W ±10% [5]. - The A3 Pro Air model offers a hashrate of 290 TH/s, power efficiency of 12.5 J/TH ±5%, and power consumption between 3250W and 4000W ±10% [5]. - The A3 Hydro model provides a hashrate of 500 TH/s, power efficiency of 13.5 J/TH ±5%, and power consumption from 6210W to 7290W ±10% [5]. - The A3 Air model has a hashrate of 260 TH/s, power efficiency of 14 J/TH ±5%, and power consumption ranging from 3360W to 3920W ±10% [5]. Company Commitment - Bitdeer is dedicated to enhancing transparency and efficiency in the mining industry through ongoing research and development, focusing on innovation, efficiency, and stability [4][6]. - The company provides comprehensive computing solutions, including equipment procurement, logistics, datacenter design, and management, catering to the needs of global miners [4].