Bitdeer Technologies Group (NASDAQ:BTDR) Trading 5.6% Higher – Still a Buy?

Bitdeer Technologies Group (NASDAQ:BTDR) shares traded up 5.6% during mid-day trading on Wednesday . The company 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: NVIDIA GB200 adoption lifted short‑term enthusiasm—coverage noted Bitdeer’s announcement/rollout of NVIDIA GB200 NVL72 equipment as a catalyst for mining capacity/efficiency gains, which helped lift the stock. Bitdeer (BTDR) Soars 15.6% on Nvidia GB200 Adoption
• Positive Sentiment: Analyst support: Rosenblatt Securities reiterated a “Buy” rating, which likely reinforced buying interest from momentum and growth investors. Rosenblatt Securities Reiterates “Buy” Rating for Bitdeer
• Negative Sentiment: Multiple law firms are soliciting potential lead plaintiffs in a securities class action covering purchases from June 6, 2024 to Nov. 10, 2025 and reminding investors of a Feb. 2, 2026 deadline—creating regulatory/legal risk and potential settlement exposure. Representative notices include Rosen Law Firm. Rosen Law Firm Notice
• Negative Sentiment: Additional plaintiff‑firm outreach and alerts (Frank R. Cruz, Glancy Prongay & Murray, Pomerantz, Faruqi & Faruqi, ClaimsFiler, Bronstein Gewirtz & Grossman) amplify the litigation overhang and could pressure sentiment pending developments. Frank R. Cruz Notice Glancy Prongay & Murray Pomerantz LLP

Analyst Ratings Changes

Several research firms have commented on BTDR. Rosenblatt Securities set a $5.90 price target on shares of Bitdeer Technologies Group in a report on Wednesday. Cantor Fitzgerald dropped their target price on Bitdeer Technologies Group to $34.00 and set an “overweight” rating on the stock in a report on Tuesday, December 16th. Weiss Ratings reissued a “sell (d-)” rating on shares of Bitdeer Technologies Group in a report on Wednesday, October 8th. HC Wainwright reduced their price target on Bitdeer Technologies Group from $32.00 to $30.00 and set a “buy” rating for the company in a report on Tuesday, November 11th. Finally, BTIG Research restated a “buy” rating on shares of Bitdeer Technologies Group in a research report on Friday. Eleven investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $27.26.

Bitdeer Technologies Group Trading Up 3.8%

The company has a market capitalization of $3.35 billion, a PE ratio of -2.81 and a beta of 2.33. The company has a quick ratio of 0.74, a current ratio of 0.90 and a debt-to-equity ratio of 0.46. The firm’s 50 day simple moving average is $12.04 and its 200-day simple moving average is $14.79.

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 analysts’ consensus estimates of ($0.22) by ($1.06). Bitdeer Technologies Group had a negative return on equity of 91.31% and a negative net margin of 115.59%.The company had revenue of $169.71 million during the quarter, compared to analysts’ expectations of $151.80 million. During the same quarter in the prior year, the company earned ($0.35) EPS. The firm’s revenue was up 173.7% compared to the same quarter last year. As a group, equities research analysts anticipate that Bitdeer Technologies Group will post -0.73 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Advisors Asset Management Inc. grew its position in Bitdeer Technologies Group by 68.4% during the 2nd 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 bought a new position in shares of Bitdeer Technologies Group during the 2nd quarter valued at $35,000. Tower Research Capital LLC TRC raised 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 valued at $83,000 after purchasing an additional 7,157 shares during the last quarter. Ameritas Investment Partners Inc. bought a new position in Bitdeer Technologies Group in the second quarter worth $105,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Bitdeer Technologies Group during the third quarter valued at approximately $159,000. Institutional investors and hedge funds own 22.25% of the company’s stock.

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.