Bitdeer Technologies Group (NASDAQ:BTDR) Releases Quarterly Earnings Results, Misses Estimates By $0.59 EPS

Bitdeer Technologies Group (NASDAQ:BTDR) announced its quarterly earnings data on Thursday. The company reported ($0.73) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.59), Briefing.com reports. Bitdeer Technologies Group had a net margin of 10.58% and a return on equity of 9.48%. The firm had revenue of $224.84 million for the quarter, compared to analysts’ expectations of $208.25 million. Bitdeer Technologies Group’s revenue for the quarter was up 225.8% on a year-over-year basis.

Here are the key takeaways from Bitdeer Technologies Group’s conference call:

• Q4 revenue reached $224.8 million (up ~226% YoY, +33% sequentially) and adjusted EBITDA was $31.2 million, with management attributing growth to SealMiner deployments.
• Self-mining capacity ramped materially — exiting January at >63 EH/s — while mass production of the SEALMINER A3 is underway and the SEAL04-1 chip is taped out, driving fleet efficiency improvement (17.5 J/TH and expected to improve further).
• Bitdeer is prioritizing AI/HPC colocation across a global power portfolio with ~1.66 GW online and a 3 GW pipeline, highlighting near-term opportunities at Tydal (225 MW, low PUE ~1.1), Clarington (570 MW) and Rockdale.
• Profitability and liquidity pressures emerged as gross margin fell to 4.7% and adjusted net loss widened to $82.6M; net cash used in operating activities was $599.5 million, driven by higher electricity, increased headcount and materially higher depreciation after shortening rig useful life to three years.
• Development at the large Clarington site faces active litigation that could delay construction/timing; management says it has a strong defense but the legal process introduces execution risk.

Bitdeer Technologies Group Stock Down 2.8%

NASDAQ BTDR opened at $10.08 on Friday. The stock has a 50 day moving average price of $12.25 and a 200-day moving average price of $14.76. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.74 and a current ratio of 0.90. Bitdeer Technologies Group has a one year low of $6.84 and a one year high of $27.80. The company has a market capitalization of $2.13 billion, a P/E ratio of -3.21 and a beta of 2.33.

Bitdeer Technologies Group News Summary

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

• Positive Sentiment: Very strong top-line growth and strategic update — Q4 revenue jumped year‑over‑year to about $224.8M and management emphasized a shift into AI/high‑performance compute and colocation that could unlock higher‑margin growth over time. Adjusted EBITDA was reported positive (US$31.2M) and Quiver/press coverage highlighted a GAAP net profit of US$70.5M for Q4. Read More.
• Neutral Sentiment: Consensus and analyst stance remains mixed‑to‑supportive — Street consensus is a “Moderate Buy” even as individual firms adjust targets; the stock still has multiple buy ratings on the books which supports longer‑term upside narratives. Read More.
• Neutral Sentiment: Short‑interest data in recent feeds looks anomalous (shows 0 shares / 0 days to cover) and is likely a data/reporting glitch — not meaningful to the trading move. (No external link; entry flagged in data feed.)
• Negative Sentiment: EPS and margin disappointment — the company reported ($0.73) EPS vs. consensus (~$0.14 loss expected on some publications), and gross margin compressed to ~4.7% in Q4; several outlets noted margin decline as a key negative driver. Read More.
• Negative Sentiment: Cash flow and balance‑sheet pressure — net cash used in operating activities was very large (~US$599.5M for Q4), cash balances fell to ~US$149M, and material borrowings/derivative liabilities remain on the balance sheet — these raise liquidity and funding questions despite the revenue/earnings headlines. Read More.
• Negative Sentiment: Analyst target cuts and downgrades pressured sentiment — Needham and HC Wainwright trimmed price targets (to $22 and $25) and at least one outlet reported an analyst downgrade, contributing to the intra‑day weakness. Read More. Read More.

Hedge Funds Weigh In On Bitdeer Technologies Group

A number of hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE raised its stake in Bitdeer Technologies Group by 67.5% in the second quarter. Bank of America Corp DE now owns 6,337,339 shares of the company’s stock worth $72,753,000 after buying an additional 2,553,093 shares in the last quarter. State Street Corp grew its holdings in Bitdeer Technologies Group by 34.1% in the fourth quarter. State Street Corp now owns 3,144,782 shares of the company’s stock worth $35,253,000 after purchasing an additional 800,003 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Bitdeer Technologies Group by 10.5% during the 4th quarter. Geode Capital Management LLC now owns 1,698,818 shares of the company’s stock valued at $19,042,000 after purchasing an additional 161,701 shares during the last quarter. Van ECK Associates Corp boosted its position in shares of Bitdeer Technologies Group by 100.1% in the 4th quarter. Van ECK Associates Corp now owns 1,694,193 shares of the company’s stock worth $18,992,000 after purchasing an additional 847,486 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in Bitdeer Technologies Group by 49.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,603,601 shares of the company’s stock worth $17,976,000 after buying an additional 531,893 shares during the last quarter. 22.25% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

BTDR has been the topic of several research reports. Needham & Company LLC dropped their price target on Bitdeer Technologies Group from $30.00 to $22.00 and set a “buy” rating on the stock in a research report on Friday. BTIG Research restated a “buy” rating on shares of Bitdeer Technologies Group in a report on Friday, January 16th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $14.00 target price (down from $26.50) on shares of Bitdeer Technologies Group in a research report on Tuesday, January 27th. Rosenblatt Securities lowered their price target on shares of Bitdeer Technologies Group from $30.00 to $18.00 and set a “buy” rating for the company in a research report on Monday, February 9th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Bitdeer Technologies Group in a research note on Wednesday, January 21st. Ten equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $26.60.

About Bitdeer Technologies Group

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.