Bitdeer Technologies Group (BTDR)

Bitdeer Technologies Group operates as a technology company for blockchain and high-performance computing (HPC) in Singapore, the United States, Bhutan, Norway, Finland, Ethiopia, Canada, and internationally. The company offers hash rate sharing solutions, including cloud hash rate and hash-rate subscription plans; and a one-stop mining rig hosting solution comprising deployment, maintenance, and management services for cryptocurrency mining; as well as mining cryptocurrencies for its own account. It also operates mining datacenters to generate hash rates; handles various processes involved in computing, such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations; and sells mining rigs. In addition, the company offers Minerplus, a software platform that offers software support to reduce time needed for daily maintenance and mining rig upgrade; AI infrastructure and AI cloud business to offer advanced AI cloud capabilities, HPC services and colocation services; and mining solutions under the SEALMINER brand. The company is headquartered in Singapore.

Ticker
BTDR
Exchange
Nasdaq
Sector
Technology
Industry
Software - Application
Market cap
$1.63B
52-week range
$5.03 - $23.30

Valuation

Share price
$6.01 (close of Nov 6, 2026)
P/E (TTM)
-2.98x
Price to book
1.48x
Price to free cash flow
-6.10x
Enterprise value
$3.13B
Book value per share
$4.06

Price performance

PeriodChange
1 day+13.18%
5 days-10.43%
1 month-44.91%
3 months-42.87%
6 months-60.20%
Year to date-46.39%
1 year-71.68%
3 years+54.50%
5 years-39.60%
All time-39.90%

Short interest

As of
Oct 15, 2026
Short % of float
32.78%
Shares short
60.10M
Days to cover
6.43
Change since prior report
-1.75%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
7.56%
Return on assets
2.34%
Net margin
10.58%
Revenue growth
77.33%

Cash flow and balance sheet

Free cash flow yield (TTM)
-16.41%
Current ratio
1.05x
Net debt to EBITDA
18.20x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$620.25M
Net income
$65.60M
Earnings per share
$0.32
Research and development
$153.88M
Shares outstanding
204.68M

Income statement by year

Period endRevenueNet incomeEPS
2025-12-31$620.25M$65.60M$0.32
2024-12-31$349.78M-$599.15M-$4.36
2023-12-31$368.55M-$56.66M-$0.51
2022-12-31$333.34M-$60.37M-$0.56
2021-12-31$394.66M$82.64M$0.76
2020-12-31$186.39M-$55.83M-$0.00
2019-12-31$88.77M-$27.90M-

Margins and returns by year

Period endNet marginReturn on equity
2025-12-3110.58%7.56%
2024-12-31-171.29%-216.61%
2023-12-31-15.37%-17.04%
2022-12-31-18.11%-18.96%
2021-12-3120.94%28.69%
2020-12-31-29.95%-38.26%
2019-12-31-31.43%-

Cash and debt by year

Period endCashDebt
2025-12-31$149.35M$468.00K
2024-12-31$476.27M-
2023-12-31$144.73M$22.62M
2022-12-31$231.36M-
2021-12-31$372.09M-
2020-12-31$44.75M-

Investor relations

Next earnings report

Next confirmed report
Nov 10, 2026
Consensus EPS estimate
$-0.33

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-10Jun 2026-$0.35
2026-05-14Mar 2026-$0.47
2025-11-10Sep 2025-$0.22
2025-08-18Jun 2025-$0.19
2025-05-15Mar 2025-$0.48
2025-02-25Dec 2024-$0.23
2024-11-18Sep 2024-$0.19
2024-08-12Jun 2024$0.03

Filings and sources

Company website
bitdeer.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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