BITDEER(BTDR)

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Bitdeer Announces Fourth Quarter and Full Year 2024 Earnings Conference Call for February 25, 2025
Globenewswire· 2025-02-11 13:00
Core Viewpoint - Bitdeer Technologies Group is set to announce its fourth quarter and full year 2024 earnings on February 25, 2025, at 8:00 AM EST, discussing preliminary and unaudited financial results [1][2]. Group 1: Earnings Call Details - The earnings release will be available before the call at approximately 7:00 AM EST on February 25, 2025 [2]. - Participants can join the conference call by registering through a provided link, receiving necessary access details via email [3]. - A live and archived webcast of the conference call will be accessible on Bitdeer's Investor Relations website [4]. Group 2: Company Overview - Bitdeer is a leading technology company specializing in blockchain and high-performance computing, providing comprehensive computing solutions [5]. - The company manages complex computing processes, including equipment procurement, logistics, datacenter design, and operations, and offers advanced cloud capabilities for AI demands [5]. - Bitdeer is headquartered in Singapore and has deployed datacenters in the United States, Norway, and Bhutan [5].
Bitdeer Announces Strategic Acquisition of 101 MW Site and Gas-fired Power Project in Alberta to Deliver the Industry's First Fully-Vertically Integrated Bitcoin Mining Site
Newsfilter· 2025-02-04 23:07
Core Viewpoint - Bitdeer Technologies Group has successfully acquired a 101 MW gas-fired power project in Alberta for $21.7 million, aiming to become the world's first fully-vertically integrated Bitcoin miner at scale [1][3][5] Acquisition Details - The acquisition includes all necessary permits and licenses for the power plant and a 99 MW grid interconnection with Alberta Electric System Operator [2] - The site has the potential to scale to 1 GW of power, leveraging Alberta's energy resources and regulatory support [1][2] Strategic Benefits - The project allows Bitdeer to control costs, energy efficiency, and scalability, setting a new benchmark for industry unit economics [5] - The partnership with a leading Engineering, Procurement and Construction company will facilitate the development of the power plant, expected to be energized by Q4 2026 [2][6] Financial Overview - The total cash cost for the acquisition is $21.7 million, with additional estimated costs of approximately $90 million for the gas-fired power plant and around $30 million for electrical and datacenter infrastructure [7][8] - Projected energy production costs are estimated to be between $20 to $25 per MWh based on current gas prices [8] Sustainability and Innovation - The project will implement a carbon utilization system to capture CO2, aiming for net-zero carbon production and potential revenue from carbon credits [8] - Bitdeer plans to curtail and sell power back to the Alberta grid, optimizing costs during high demand periods [8] Future Plans - Site preparation and initial infrastructure development are set to begin in Q2 2025, with energization planned for Q4 2026 [6]
Bitdeer Announces Strategic Acquisition of 101 MW Site and Gas-fired Power Project in Alberta to Deliver the Industry's First Fully-Vertically Integrated Bitcoin Mining Site
GlobeNewswire News Room· 2025-02-04 23:07
SINGAPORE, Feb. 04, 2025 (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 successful close of the acquisition of a fully licensed and permitted 101 MW site and gas-fired power project situated on 19 acres of land near Fox Creek, Alberta in an all-cash transaction for $21.7 million. The site has potential to scale to 1 GW of power, reflecting Alberta’s abundant ener ...
Bitdeer Introducing ReMine: A New Feature for Transferring Idle Mining Machine Orders and Related Rights and Benefits
Globenewswire· 2025-01-16 12:23
New York, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Bitdeer launches its new feature, "ReMine," which offers a transparent transfer market for Bitdeer mining machine buyers and sellers. "ReMine" uses a peer-to-peer model crafted to meet users' needs for purchasing and transferring mining machines and related rights and benefits provided by Bitdeer. It enables flexible transfer of SEALMINER orders, SEALMINER priority purchase rights, and relevant rights and benefits. ReMine aims to provide users with a quick and has ...
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 ...