Bitdeer Q4 Earnings - A Challenging Year
Group 1 - The core viewpoint is that Bitdeer (NASDAQ: BTDR) shares were downgraded from 'hold' to 'sell' due to a $1 billion shelf offering announced by the company, which led to a significant decline in stock value by over 50% [1] Group 2 - The downgrade decision was made in December, indicating a timely response to the company's financial actions [1] - The stock's performance post-downgrade reflects the analyst's accurate prediction regarding the company's market position [1]