Bitdeer Technologies Group (NASDAQ:BTDR) Shares Up 5.6% – Here’s What Happened

Bitdeer Technologies Group (NASDAQ:BTDR)’s share price shot up 5.6% during trading on Wednesday . The stock traded as high as $13.74 and last traded at $13.4910. 1,414,167 shares traded hands during trading, a decline of 65% from the average session volume of 4,093,359 shares. The stock had previously closed at $12.77.

More Bitdeer Technologies Group News

Here are the key news stories impacting Bitdeer Technologies Group this week:

• Positive Sentiment: Rosenblatt Securities reaffirmed a “buy” rating and set a $30 price target (~113% upside vs. current levels), providing a strong analyst endorsement that likely lifted investor sentiment. Rosenblatt Reaffirms Buy on BTDR
• Positive Sentiment: Bitdeer announced AI-cloud expansion with deployment of NVIDIA GB200 NVL72 hardware — a read-through that supports revenue diversification beyond Bitcoin mining and strengthens the company’s AI infrastructure credentials. Bitdeer AI NVIDIA Deployment
• Neutral Sentiment: Bitdeer released an unaudited December 2025 production and operations update — useful for tracking mining/AI capacity trends, but details will determine the real impact on near‑term revenue and margins. December 2025 Production Update
• Neutral Sentiment: Reported short‑interest data for January appears anomalous (shows zero), so the published figure is unreliable for assessing current short pressure; investors should treat short‑interest signals cautiously until confirmed.
• Negative Sentiment: A large cluster of law firms and plaintiff solicitations has emerged seeking lead plaintiffs in securities class actions against Bitdeer (alleging §10(b)/§20(a) violations and undisclosed issues). Multiple filings and notices increase the risk of litigation costs, distraction for management, and potential future damages — a clear source of downward pressure and volatility. DJS Law Group Lawsuit Notice
• Negative Sentiment: Additional class‑action notices from multiple firms (e.g., Kahn Swick & Foti, Rosen, Pomerantz, Faruqi) emphasize potential undisclosed financial issues and prior stock declines; the breadth of solicitations can amplify selling pressure and investor uncertainty. KSF Class Action Notice

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on BTDR shares. Roth Capital reiterated a “buy” rating and issued a $40.00 target price on shares of Bitdeer Technologies Group in a research note on Wednesday, October 15th. Jones Trading initiated coverage on shares of Bitdeer Technologies Group in a report on Monday, October 6th. They issued a “buy” rating and a $32.00 price objective for the company. HC Wainwright decreased their price objective on shares of Bitdeer Technologies Group from $32.00 to $30.00 and set a “buy” rating for the company in a research report on Tuesday, November 11th. Cantor Fitzgerald dropped their target price on Bitdeer Technologies Group to $34.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 16th. Finally, Rosenblatt Securities set a $5.90 price target on Bitdeer Technologies Group in a research note on Wednesday. Eleven equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $27.26.

Bitdeer Technologies Group Trading Up 12.2%

The company’s fifty day simple moving average is $12.30 and its 200-day simple moving average is $14.79. The firm has a market capitalization of $3.03 billion, a PE ratio of -2.57 and a beta of 2.33. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.90 and a quick ratio of 0.74.

Bitdeer Technologies Group (NASDAQ:BTDR) last released its quarterly earnings results on Monday, November 10th. The company reported ($1.28) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($1.06). The company had revenue of $169.71 million for the quarter, compared to analyst estimates of $151.80 million. Bitdeer Technologies Group had a negative return on equity of 91.31% and a negative net margin of 115.59%.The firm’s revenue for the quarter was up 173.7% on a year-over-year basis. During the same quarter last year, the company earned ($0.35) EPS. As a group, sell-side analysts expect that Bitdeer Technologies Group will post -0.73 earnings per share for the current fiscal year.

Institutional Trading of Bitdeer Technologies Group

A number of institutional investors have recently made changes to their positions in BTDR. Advisors Asset Management Inc. increased its position in shares of Bitdeer Technologies Group by 68.4% during the second quarter. Advisors Asset Management Inc. now owns 2,570 shares of the company’s stock worth $30,000 after purchasing an additional 1,044 shares in the last quarter. Amalgamated Bank purchased a new position in Bitdeer Technologies Group in the 2nd quarter valued at $35,000. Tower Research Capital LLC TRC boosted its stake in Bitdeer Technologies Group by 7,157.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 7,257 shares of the company’s stock worth $83,000 after purchasing an additional 7,157 shares during the last quarter. Ameritas Investment Partners Inc. purchased a new stake in shares of Bitdeer Technologies Group during the second quarter worth $105,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Bitdeer Technologies Group during the third quarter worth $159,000. 22.25% of the stock is owned by institutional investors and hedge funds.

Bitdeer Technologies Group Company Profile

Bitdeer Technologies Group Inc (NASDAQ:BTDR) is a global digital asset mining and computing services provider focused on delivering secure and efficient hashrate solutions to institutional and retail customers. The company leverages its proprietary mining platform to offer hosted mining, hashrate sales and management services, enabling clients to access large-scale mining operations without direct investment in hardware or infrastructure.

Bitdeer’s core offerings include mining hosting services, whereby the firm installs, operates and maintains specialized mining equipment on behalf of customers, and hashrate-as-a-service products that provide fixed-capacity mining power with transparent pricing structures.