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Bitdeer (BTDR) Soars 15.6% on Nvidia GB200 Adoption
Yahoo Finance· 2026-01-15 10:10
Core Viewpoint - Bitdeer Technologies Group (NASDAQ:BTDR) has experienced significant stock performance, rising 15.58% to $14.76 following the launch of its NVIDIA GB200 NVL72 deployment in Malaysia, which is part of its strategy to enhance AI computing capabilities globally [1][3]. Group 1: Company Developments - The deployment of NVIDIA GB200 NVL72 is aimed at supporting demanding AI workloads and is a crucial step in Bitdeer's strategy to expand its global AI infrastructure [2]. - Bitdeer is expanding its AI data center footprint with multiple new facilities, including a 13 MW data center in Washington, a 37 MW center in Tennessee, a 570 MW center in Clarington, and a 175 MW facility in Tydal, Norway [3]. - The Washington and Tennessee facilities, previously used for cryptocurrency mining, are being converted into GPU-optimized AI data centers [4]. Group 2: Strategic Vision - The company emphasizes its expanding data center capacity, land reserves, and GPU infrastructure as foundational elements to support the entire AI lifecycle, from model training to application deployment [5]. - Bitdeer aims to simplify AI power and enhance its global intelligent cloud capabilities through these developments [4][5].
Bitdeer deploys NVIDIA GB200s for AI workloads in Malaysian data center
Yahoo Finance· 2026-01-14 15:42
Core Viewpoint - Bitdeer is expanding its business model from bitcoin mining to providing AI solutions by launching NVIDIA GB200 NVL72 GPUs for AI workloads in Malaysia [1][3] Group 1: New Infrastructure and Technology - Bitdeer has deployed NVIDIA GB200 NVL72 GPUs designed for complex tasks such as generative AI and large model training [1] - The company plans to integrate NVIDIA GB300 NVL72 infrastructure in the future to enhance its computing capabilities [1] - Bitdeer is hosting these GPUs in a third-party data center, as it does not currently have a Malaysian site in its data center portfolio [2] Group 2: Business Model Evolution - The shift from bitcoin mining to offering full-stack, vertically integrated AI solutions in one cloud is a key focus for Bitdeer [3] - Management indicated that existing bitcoin mining facilities are being converted to accommodate new AI equipment, including a 13 MW site in Washington and a 37 MW site in Tennessee [4] Group 3: Power Capacity and Future Projects - Bitdeer currently manages approximately 3 GW of power capacity globally, allowing for rapid scaling of operations to meet demand [3] - New infrastructure projects include a 570 MW facility in Clarington, Ohio, and a 175 MW site in Tydal, Norway [4]
INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Bitdeer Technologies
Globenewswire· 2026-01-14 15:12
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Bitdeer Technologies Group due to alleged violations of federal securities laws, particularly concerning misleading statements about the company's SEALMINER A4 project and its delayed product development [4][6]. Group 1: Legal Investigation and Class Action - The firm is reminding investors of the February 2, 2026 deadline to seek the role of lead plaintiff in a federal securities class action against Bitdeer [4]. - Investors who suffered losses in Bitdeer between June 6, 2024, and November 10, 2025, are encouraged to contact the firm to discuss their legal rights [1][4]. Group 2: Financial Performance and Stock Impact - Bitdeer reported a third-quarter earnings per share of -$1.28, missing the consensus estimate of -$0.22, which led to a stock price drop of $2.63 per share, or 14.9%, closing at $15.02 on November 11, 2025 [7]. - Following a fire incident at its construction facility, Bitdeer's stock fell another $2.83 per share, or 20.3%, closing at $11.11 on November 13, 2025 [8]. Group 3: Allegations of Misleading Statements - The complaint alleges that Bitdeer and its executives failed to disclose critical information regarding the SEAL04 chip's readiness and its expected mass production timeline [6].
ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages Bitdeer Technologies Group Investors to Secure Counsel Before Important Deadline in Securities Class Action - BTDR
Globenewswire· 2026-01-13 22:00
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bitdeer Technologies Group securities during the specified class period of the upcoming lead plaintiff deadline on February 2, 2026 [1] Group 1: Class Action Details - Investors who bought Bitdeer securities between June 6, 2024, and November 10, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6] - To serve as lead plaintiff, individuals must file a motion with the court by February 2, 2026 [3] Group 2: Rosen Law Firm's Credentials - Rosen Law Firm specializes in securities class actions and has a strong track record, including the largest securities class action settlement against a Chinese company [4] - The firm has been ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [4] - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4] Group 3: Case Specifics - The lawsuit alleges that Bitdeer provided misleading information regarding its SEALMINER Bitcoin mining machine, particularly concerning the energy efficiency of its SEAL04 chip [5] - Defendants claimed that the SEAL04 chip would achieve an energy efficiency of 5 J/TH, but failed to disclose that this technology would not be ready for mass production until the second quarter of 2025 [5] - These misleading statements led to investors purchasing Bitdeer securities at inflated prices, resulting in damages when the true information was revealed [5]
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Bitdeer Technologies Group of Class Action Lawsuit and Upcoming Deadlines - BTDR
Globenewswire· 2026-01-13 20:27
Core Viewpoint - A class action lawsuit has been filed against Bitdeer Technologies Group for alleged securities fraud and unlawful business practices [2]. Group 1: Lawsuit Details - The lawsuit involves allegations against Bitdeer and certain officers and/or directors regarding securities fraud [2]. - Investors who purchased Bitdeer securities during the Class Period have until February 2, 2025, to request to be appointed as Lead Plaintiff [2]. Group 2: Financial Performance - On November 10, 2025, Bitdeer reported unaudited financial results for Q3 2025, showing earnings per share of -$1.28, which was significantly below the consensus estimate of -$0.22 [4]. - Following the earnings report, Bitdeer's stock price dropped by $2.63, or 14.9%, closing at $15.02 per share on November 11, 2025 [4]. - The company also disclosed significant delays in the development of its next-generation Seal 04 ASIC chip [4].
Bitdeer hits 58 EH/s in December as it vies with MARA for top spot
Yahoo Finance· 2026-01-13 15:53
Core Insights - Bitdeer reported a proprietary hashrate of 58 EH/s in December, positioning itself as a strong competitor against industry leaders like MARA, CleanSpark, and IREN [1] - The company mined 636 bitcoin in December 2025, marking a 339% increase year-over-year [1] - Bitdeer's production increase is attributed to the deployment of its SEALMINER rigs, enhancing its self-mining capacity to 55.2 EH/s [1] Mining Performance - Bitdeer's bitcoin production of 636 in December significantly narrows the gap with CleanSpark's 622 bitcoin and MARA's implied hashrate of 60.4 EH/s [2] - IREN achieved a hashrate of 50 EH/s last year but paused operations to focus on AI initiatives [2] Technology Development - The company is advancing its next-generation SEAL04 chips, which have shown power efficiency of 6-7 J/TH, with mass production expected in Q1 2026 [3] - Bitdeer sold approximately 1.4 EH/s of SEALMINER A2 units to external parties in December [3] Diversification Efforts - Beyond bitcoin mining, Bitdeer is testing high-performance computing equipment in Southeast Asia, deploying NVIDIA GB200 systems in Malaysia [4] - The company plans to publicly launch its cloud service in January 2026 and is exploring data center leasing opportunities in the U.S. [4] Financial and Operational Capacity - As of December 31, Bitdeer held 2,017 bitcoin and manages a total global electrical capacity of 1,658 megawatts across various locations [5] - Ongoing construction includes a 570-megawatt site in Clarington, Ohio, expected to be operational by Q3 2026, and design work for AI data center conversion in Norway [5]
BTDR Investors Have Opportunity to LeadBitdeer Technologies Group Securities Fraud Lawsuit
Prnewswire· 2026-01-13 01:00
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bitdeer Technologies Group securities between June 6, 2024, and November 10, 2025, of the February 2, 2026, deadline to become a lead plaintiff in a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Bitdeer securities during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - The deadline to move the Court to serve as lead plaintiff is February 2, 2026, with the lead plaintiff acting on behalf of other class members [3]. Group 2: Law Firm Credentials - Rosen Law Firm specializes in securities class actions and has a strong track record, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been ranked No. 1 for the number of securities class action settlements in 2017 and has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 [4]. Group 3: Case Background - The lawsuit alleges that defendants provided misleading information regarding Bitdeer's SEALMINER Bitcoin mining machine, specifically about the mass production of its fourth-generation SEALMINER (A4) rigs and the expected energy efficiency of the SEAL04 chip [5]. - Defendants failed to disclose that the SEAL04 chip, projected to have an energy efficiency of 5 J/TH, would not be ready for use in the A4 rigs until mass production was expected to begin in the second quarter of 2025 [5]. - These misleading statements led to investors purchasing Bitdeer securities at artificially inflated prices, resulting in damages when the true information became public [5].
Bitdeer Announces December 2025 Production and Operations Update
Globenewswire· 2026-01-12 21:30
Core Insights - Bitdeer Technologies Group reported significant operational updates for December 2025, highlighting a substantial increase in Bitcoin production and self-mining capacity [1][15]. Operational Update - Bitdeer sold approximately 1.4 EH/s of SEALMINER A2s to external parties in December 2025 [3]. - The total proprietary hash rate deployed increased to 58.0 EH/s, up from 47.3 EH/s in November 2025 [4]. - Self-mining production reached 636 Bitcoins, marking a 339% year-over-year increase and a 21% increase from November 2025 [7][11]. SEALMINER R&D - The company is advancing two chip designs, SEAL04-1 and SEAL04-2, with SEAL04-1 achieving 6-7 J/TH power efficiency under low-voltage mode, targeting mass production in Q1 2026 [8]. - Eight units of GB200 systems were deployed and tested in Malaysia, with a cloud service launch expected in January 2026 [6]. Infrastructure Summary - Total electrical capacity across various sites reached 1,658 MW, with several sites online and others in progress [10]. - The company is actively evaluating U.S. data center leasing opportunities to deploy GPUs and enhance AI cloud services [12]. Production and Operations Summary - Total hash rate under management increased to 71.0 EH/s in December 2025, up from 60.3 EH/s in November 2025 [11]. - The number of mining rigs under management rose to 293,000, with self-owned rigs increasing to 211,000 [13]. Management Commentary - The Chief Business Officer emphasized the acceleration of self-mining operations and the planned growth through 2026, driven by the deployment of additional proprietary rigs [15].
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Bitdeer Technologies Group Investors to Secure Counsel Before Important Deadline in Securities Class Action - BTDR
Globenewswire· 2026-01-10 17:42
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bitdeer Technologies Group securities between June 6, 2024, and November 10, 2025, of the February 2, 2026, lead plaintiff deadline for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Bitdeer securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - To serve as lead plaintiff, individuals must file a motion with the Court by February 2, 2026 [3]. Group 2: Law Firm Credentials - Rosen Law Firm specializes in securities class actions and has a strong track record, including the largest securities class action settlement against a Chinese company [4]. - The firm has been ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [4]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4]. Group 3: Case Background - The lawsuit alleges that Bitdeer provided misleading information regarding its SEALMINER Bitcoin mining machine, specifically about the mass production of its fourth-generation SEALMINER (A4) rigs and the efficiency of its SEAL04 ASIC chip technology [5]. - Defendants are accused of failing to disclose that the SEAL04 chip, expected to have an energy efficiency of 5 J/TH, would not be ready for use in the A4 rigs until mass production began in the second quarter of 2025 [5]. - These misleading statements led to investors purchasing Bitdeer securities at inflated prices, resulting in damages when the true information became public [5].
BITDEER TECHNOLOGIES GROUP (NASDAQ: BTDR) SHAREHOLDER ALERT Bernstein Liebhard LLP Reminds Bitdeer Technologies Group Investors of Upcoming Deadline
Globenewswire· 2026-01-08 14:44
Core Viewpoint - A securities fraud class action lawsuit has been initiated against Bitdeer Technologies Group, alleging misrepresentations regarding the company's SEALMINER A4 project, affecting investors who purchased securities between June 6, 2024, and November 10, 2025 [3]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the Southern District of New York on behalf of investors who acquired Bitdeer securities during the specified period [3]. - The allegations include violations of the Securities Exchange Act of 1934 against Bitdeer and certain senior officers [3]. Group 2: Class Action Participation - Investors wishing to serve as lead plaintiffs must file necessary documents by February 2, 2026, with the role involving representation of other class members in the litigation [4]. - Participation as a lead plaintiff is not required to share in any potential recovery, and shareholders incur no fees or expenses as representation is on a contingency fee basis [4]. Group 3: Law Firm Background - Bernstein Liebhard LLP has a history of recovering over $3.5 billion for clients since 1993 and has represented both individual investors and large pension funds [5]. - The firm has been recognized multiple times for its success in litigating class actions, being named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for sixteen consecutive years [5].