BTDR Stock Recent News

- Joined the Russell 2000® and 3000® Indexes as of June 30, 2025- SEALMINER A3 series almost ready for mass production- Increased self-mining hashrate by 21% to 16.5 EH/s on continued deployment of SEALMINERs

SINGAPORE, July 01, 2025 (GLOBE NEWSWIRE) -- Bitdeer AI, part of Bitdeer Technologies Group (NASDAQ: BTDR) and a fast-growing AI neocloud platform, is proud to announce that it has been presented with the MLOps Innovation Award by AI Breakthrough. The 2025 AI Breakthrough Awards, now in their eighth year, are presented by AI Breakthrough, a leading market intelligence organization that recognizes and celebrates the most outstanding companies, technologies, and products in the rapidly evolving artificial intelligence industry.

Bitdeer Technologies Group shares were 7% lower, at $11.85, after the company priced $330 million of 4.875% convertible senior notes due 2031 in a private placement.

U.S. stock futures were higher this morning, with the Dow futures gaining more than 50 points on Wednesday.

SINGAPORE, June 18, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for Bitcoin mining, today announced the pricing of US$330.0 million principal amount of 4.875% Convertible Senior Notes due 2031 (the “notes”) in a private placement (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company has also granted the initial purchasers of the notes an option to purchase, for settlement within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional US$45.0 million principal amount of the notes. The size of the offering was increased from the previously announced $300.0 million aggregate principal amount of notes. The sale of the notes is expected to close on June 23, 2025, subject to customary closing conditi

Biomea Fusion commenced an underwritten public offering of shares. The stock sank 27% to $2.13 in postmarket trading Tuesday.

Bitdeer Technologies Group shares dropped in late trading after the Bitcoin mining technology company said it plans to offer $300 million of convertible senior notes.

SINGAPORE, June 17, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for Bitcoin mining, today announced that it intends to offer, subject to market conditions and other factors, US$300.0 million principal amount of Convertible Senior Notes due 2031 (the “notes”) in a private placement (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company also intends to grant the initial purchasers of the notes an option to purchase, for settlement within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional US$45.0 million principal amount of notes.

- Increased self-mining hashrate to 13.6 EH/s on continued deployment of SEALMINERs- Sold and shipped 1.6 EH/s of SEALMINER A2s to external customers

Bitdeer's vertical integration and proprietary SEALMINER line set it apart, but Q1 results highlight margin pressure and significant cash burn. The company is aggressively pivoting to HPC/AI and scaling SEALMINER deployment, but execution risk has increased and efficiency lags peers. Liquidity is adequate for now, but continued cash outflows may force further dilution or reserve drawdowns if revenue doesn't ramp up soon.