Bitdeer Technologies Group (BTDR) to Release Earnings on Monday

Bitdeer Technologies Group (NASDAQ:BTDR) is expected to be announcing its Q2 2025 earnings results before the market opens on Monday, August 18th. Analysts expect the company to announce earnings of ($0.15) per share and revenue of $88.08 million for the quarter.

Bitdeer Technologies Group Trading Down 2.8%

BTDR stock opened at $13.39 on Friday. The firm has a 50 day simple moving average of $13.00 and a 200-day simple moving average of $12.34. Bitdeer Technologies Group has a twelve month low of $5.40 and a twelve month high of $26.99. The company has a market capitalization of $1.50 billion, a P/E ratio of -3.28 and a beta of 2.23.

Institutional Investors Weigh In On Bitdeer Technologies Group

A number of hedge funds and other institutional investors have recently bought and sold shares of BTDR. Tower Research Capital LLC TRC grew its stake in shares of Bitdeer Technologies Group by 7,157.0% during the second 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 period. New York State Common Retirement Fund acquired a new stake in shares of Bitdeer Technologies Group in the second quarter valued at about $326,000. Boothbay Fund Management LLC acquired a new position in Bitdeer Technologies Group during the second quarter worth approximately $332,000. The Manufacturers Life Insurance Company acquired a new position in Bitdeer Technologies Group during the second quarter worth approximately $351,000. Finally, Lighthouse Investment Partners LLC acquired a new position in shares of Bitdeer Technologies Group in the second quarter valued at approximately $804,000. 22.25% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on BTDR shares. Cantor Fitzgerald reissued an “overweight” rating and set a $23.00 price target on shares of Bitdeer Technologies Group in a report on Friday. B. Riley reiterated a “buy” rating on shares of Bitdeer Technologies Group in a research report on Friday. Benchmark restated a “buy” rating on shares of Bitdeer Technologies Group in a report on Friday. Rosenblatt Securities reiterated a “buy” rating and issued a $20.00 target price on shares of Bitdeer Technologies Group in a report on Monday, June 16th. Finally, Needham & Company LLC reissued a “buy” rating and set a $17.00 price objective on shares of Bitdeer Technologies Group in a research report on Friday. One equities research analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Bitdeer Technologies Group currently has an average rating of “Buy” and an average target price of $21.00.

Bitdeer Technologies Group Company Profile

Bitdeer Technologies Group operates as a technology company for blockchain and computing. It offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining machine hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining; as well as mines cryptocurrencies for its own account.