Bitdeer (BTDR) Rebounds, Hits New High on Stellar Bitcoin Mining Performance

Core Insights - Bitdeer Technologies Group (NASDAQ:BTDR) achieved a new all-time high due to impressive Bitcoin mining performance, with a 20.5% improvement in operations [1][3] - The stock reached a 52-week high of $27.8 before closing at $25.90, reflecting a 28.73% increase for the day [2] Group 1: Bitcoin Mining Performance - In September, Bitdeer mined 452 Bitcoins, up from 375 in August, indicating a significant operational improvement [3] - The company's self-mining operations improved to 35 EH/s in September from 30 EH/s in August, showcasing enhanced mining efficiency [3] Group 2: Future Plans and Expansion - Bitdeer aims to reach 40 EH/s by the end of October and plans to deploy Sealminer mining rigs while retiring older-generation rigs to boost profitability [4] - The company is expanding its high-performance computing (HPC) and data center business, capitalizing on the growing AI industry [4] - Initiatives include negotiating with potential tenants, building relationships with EPCs, and developing proprietary AI data centers [5]