BTDR
Bitdeer Technologies Group

Bitdeer Technologies GroupBTDR

Technology · Software - Application
13.10USD
-0.30%
Sep 23, 2026
BTDR overview ready
Bitdeer Technologies Group operates blockchain and high-performance computing infrastructure globally, providing hash rate sharing and mining rig hosting services while also mining cryptocurrencies for its own account.
Narrative not measured
Advancing price action
Longer-term context reads early trend, with a near-term setup of daily reclaim.
Demanding valuation
The price embeds expectations that run ahead of the cash the business currently produces.
Mixed fundamentals
Ev / ebitda is strong, while free cash flow yield is weak.
Market Sep 22Price action Sep 22

Conviction Level

Theme Heat has no canonical measurement for this company — a research-profile dimension, not an input to this score.

NarrativeHeat—ThemeHeat—PriceAction8.0Valuation0.3CompanyPosition7.3
Price
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Price Action

Advancing price action
Longer-term context reads early trend, with a near-term setup of daily reclaim.
EntryBreakout + retest

Price broke through the weekly SMA200, then retested it constructively and recovered — a fresh structural entry rather than a chase.

Key Financials

Market Cap
$2.9B
Avg Volume (60D)
13.3M
60 sessions
Revenue Growth YoY
+127.7%
Trailing twelve months
Gross Margin
+0.7%
Operating Margin
-29.9%
Trailing twelve months
Free Cash Flow Yield
+0.6%
Distance from 200DMA
+9.1%
Next Earnings
2026-11-09
EV / EBITDA
8.6x
EV / Sales
5.1x
Market metrics as of Sep 22, 2026

Fundamentals & Valuation

One of the two valuation perspectives says expensive; intrinsic is the dissenting view.
Bitdeer Technologies Group has an Expensive valuation stance because the price embeds expectations that run ahead of the cash the business currently produces. It trades at 5.1x revenue, which requires sustained delivery to be justified.

Company Research

Research coverage for this company is in progress.

Narrative & Theme

This company is not currently mapped to a published narrative.

Business & Markets

Technology · Software - Application
What they do

Bitdeer Technologies Group operates blockchain and high-performance computing infrastructure globally, providing hash rate sharing and mining rig hosting services while also mining cryptocurrencies for its own account.

How it earns

The company generates revenue primarily through subscription plans for cloud hash rate sharing and fees from mining rig hosting services.

Products & services
Cloud hash rate sharing solutions
Hash-rate subscription plans
Mining rig hosting including deployment, maintenance, and management
Cryptocurrency mining operations
Customers & end markets
Cryptocurrency miners
Blockchain technology users
Market position

Niche player in the blockchain mining infrastructure and hash rate sharing market.

Demand drivers
High cyclicality

Business is closely tied to cryptocurrency market cycles and mining profitability.