Bitdeer (BTDR) Jumps 10% on Bitcoin Rally, Rate Cut Hopes

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]