SINGAPORE, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced that it intends to offer, subject to market conditions and other factors, US$360.0 million principal amount of Convertible Senior Notes due 2029 (the “ notes ”) in a private placement (the “ offering ”) to... Read More

SINGAPORE, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today released its unaudited financial and operational results for the third quarter ended September 30, 2024. Q3 2024 Financial Highlights Total revenue was US$62.0 million, compared to US$87.3 million in Q3 2023. Cost of... Read More

Launched SEALMINER A2 air and hydro-cooling models with 226 TH/s and 446 TH/s, respectively, and 16.5 J/TH efficiency Anticipated near-term mass production of approximately 21.7 EH/s of SEALMINER A1 and A2 SINGAPORE, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced its... Read More

SINGAPORE, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR), a world-leading technology company for blockchain and high-performance computing, officially unveiled its self-developed Bitcoin mining machine, the SEALMINER A2 series. As the second-generation product in the SEALMINER series, SEALMINER A2... Read More

SINGAPORE, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced that it has scheduled its third quarter 2024 earnings conference call and webcast for Monday, November 18, 2024 at 8:00 AM EST. During the call, Bitdeer management will discuss the unaudited financial and... Read More

SINGAPORE, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for September 2024. Operational Update Self-mined Bitcoin: 164 Bitcoins. Mining Rig Manufacturing and R&D: SEALMINER A1 mass production remains on schedule for Q4... Read More

SINGAPORE, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced the successful testing of its latest Bitcoin mining chip, SEAL02, following tape-out. SEAL02 uses one of the most advanced process nodes in partnership with TSMC, a world-leading semiconductor foundry. An... Read More

SINGAPORE, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for August 2024. Operational Update Self-mined Bitcoin: Mined 166 Bitcoins. Hosting: Client hosted mining machines decreased by 45,000 units in August due to the... Read More

SINGAPORE, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced the pricing of its underwritten public offering (the “ Offering ”) of US$150,000,000 aggregate principal amount of 8.50% convertible senior notes due 2029 (the “ Notes ”). The sale of the Notes is expected to... Read More

SINGAPORE, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced a proposed registered underwritten public offering (the “ Offering ”) by the Company of US$150,000,000 aggregate principal amount of its convertible senior notes due 2029 (the “ Notes ”), subject to market and... Read More

SINGAPORE, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Bitdeer AI , part of Bitdeer Technologies Group (NASDAQ: BTDR), a leading AI Cloud service provider, has announced the launch of its advanced AI Training Platform, designed to provide fast and scalable AI/ML inference with serverless GPU infrastructure. With the newest AI Training Platform, Bitdeer AI becomes one of the first NVIDIA Cloud Service Providers (CSP) in Asia to offer... Read More

Revenue of US$99.2 million and gross margin of 24.6% Adjusted EBITDA of US$24.9 million, up 33.2% YoY SINGAPORE, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today issued a letter to shareholders along with its unaudited financial and operational results for the second quarter... Read More

SINGAPORE, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for July 2024. Operational Highlights Self-mined Bitcoin: Mined 181 Bitcoins. Mining Rigs R&D: Mass production is on track for SEAL01 chips and SEALMINER A1 series... Read More

Significant increase in global contracted power capacity to 2.5 GW Initial sample shipments of Sealminer A1 ASICs installed and energized at Bitdeer sites Completed tape-out of SEAL02 chip targeting 14 J/TH On track to deploy 3.4 EH/s of Sealminer ASICs in Q4 2024 SINGAPORE, July 03, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for... Read More

SINGAPORE, June 28, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, is pleased to announce that the Company has entered into a lease agreement with the Monroe County Port Authority (MCPA) to secure up to 570 MW of additional power capacity. This strategic partnership significantly increases... Read More

SINGAPORE, June 18, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced its management will participate in the 16th Annual CEO Investor Summit 2024, to be held on Wednesday, July 10th at the St. Regis Hotel, San Francisco, CA. The presentation material utilized during the CEO Investor... Read More

SINGAPORE, June 07, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced its research & development (R&D) technology roadmap for the SEALMINER Bitcoin mining machine. This disclosure... Read More

SINGAPORE, June 06, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced that it entered into a share purchase agreement (the “ Agreement ”) with FreeChain Inc. (“ Desiweminer ”), a fabless crypto ASIC design company, on June 3, 2024 to acquire all of the issued and outstanding... Read More

SINGAPORE, June 06, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for May 2024. Linghui Kong, Chief Business Officer of Bitdeer, commented, “During May, we made solid progress on our key initiatives at Bitdeer. We successfully... Read More

SINGAPORE, May 31, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced that it entered into a subscription agreement with Tether International Limited (“ Tether ”) for the private placement of 18,587,360 Class A ordinary shares and a warrant to purchase up to 5,000,000 additional... Read More

SINGAPORE, May 13, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited financial results for the first quarter ended March 31, 2024. Q1 2024 Financial Highlights Total revenue was US$119.5 million, compared to US$72.6 million in Q1 2023. Net income was US$0.6... Read More

SINGAPORE, May 07, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for April 2024. Linghui Kong, Chief Business Officer of Bitdeer, commented, “The month of April marked a period of stable operations for our company as we made steady... Read More

SINGAPORE, April 04, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for March 2024. Linghui Kong, Chief Business Officer of Bitdeer, commented, “During the month of March, we executed on our core operations and set the stage to... Read More

SINGAPORE, March 29, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced its financial results for the year ended December 31, 2023. Full Year 2023 Financial Highlights Total revenue was US$368.6 million, compared to US$333.3 million in 2022. Net loss was US$56.7 million, compared... Read More

SINGAPORE, March 26, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced a hash rate expansion plan of approximately 3.4 EH/s as a first step in a plan to expand its self-mining. The Company intends to install its own recently announced SEALMINER A1 miners at its mining... Read More

Singapore, March 18, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR), a leading provider of blockchain and high-performance computing solutions, announced today that it has completed the deployment and successful testing of its NVIDIA DGX SuperPOD H100 system ahead of schedule, becoming the first cloud service platform in the Asian region to offer NVIDIA DGX SuperPOD H100 service. “We are delighted to... Read More

SINGAPORE, March 07, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for February 2024. Linghui Kong, Chief Business Officer of Bitdeer, commented, “This month, we aggressively advanced our technology vertical-integration strategy... Read More

SINGAPORE, March 04, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced selected estimated unaudited preliminary financial and operating results for the fourth quarter ended December 31, 2023. Unaudited and Preliminary Q4 2023 Financial Highlights Total revenue of approximately... Read More

SINGAPORE, March 04, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced the successful testing of its first Bitcoin mining chip, the SEAL01. Powerfully efficient, SEAL01 is designed for integration into Bitdeer’s new SEALMINER A1 mining machines. The SEAL01 chip is created using... Read More

SINGAPORE, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for January 2024. Linghui Kong, Chief Executive Officer of Bitdeer, commented, “During January, we made important progress towards building for the future while... Read More

SINGAPORE, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced its participation in a virtual fireside chat hosted by H.C. Wainwright & Co. on Wednesday, February 7, 2024 at 2:00 p.m. ET. Haris Basit, Bitdeer’s Chief Strategy Officer, and Jeff LaBerge, Bitdeer’s Head of... Read More

SINGAPORE, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced the appointment of Mr. Jihan Wu, the Company’s Founder and Chairman of its Board of Directors (the “ Board ”), as Chief Executive Officer of the Company, effective on March 1, 2024. In addition to his new role... Read More

SINGAPORE, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced that it has been named as one of Singapore’s Fastest Growing Companies 2024 . The annual ranking is conducted by The Straits Times and Statista and recognizes a wide range of firms notable for rapid growth and... Read More

SINGAPORE / ACCESSWIRE / January 23, 2024 / Singapore-based Bitdeer Technologies Group (NASDAQ:BTDR) reports having the largest global footprint of any publicly traded Bitcoin miner, but it is still making strides in its expansion. As just one facet of its growth, the company reported a threefold increase in Bitcoin mining activities in September 2023, a surge that was largely attributed to its newly operational mining data... Read More

SINGAPORE, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for December 2023. Linghui Kong, Chief Executive Officer of Bitdeer, commented, “In December, we continued to generate positive results in our core business and... Read More

SINGAPORE / ACCESSWIRE / December 29, 2023 / Bitdeer Technologies Group (NASDAQ:BTDR), a global leader in blockchain and high-performance computing, recently announced its unaudited financial results for the third quarter of 2023 . The report provides a thorough analysis of the company's financial and operational performance... Read More

SINGAPORE / ACCESSWIRE / December 12, 2023 / The investment bank H.C. Wainwright released a report on November 16, 2023, presenting a comprehensive analysis of Bitdeer Technologies Group (NASDAQ:BTDR) and reiterating its buy rating. This article delves into the report's key findings, offering potential investors a deeper look... Read More

SINGAPORE, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for November 2023. Linghui Kong, Chief Executive Officer of Bitdeer, commented, “During November, our core business performed steadily and new growth opportunities... Read More

SINGAPORE / ACCESSWIRE / November 30, 2023 / Bitdeer Technologies Group (NASDAQ:BTDR), a trailblazer in blockchain and high-performance computing , has recently announced a strategic partnership with NVIDIA Corporation, marking a significant milestone in its journey. This collaboration heralds the launch of Bitdeer AI Cloud, setting the stage for a new era in cloud computing and AI capabilities from Bitdeer. Overview Of... Read More

SINGAPORE, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited financial results for the third quarter ended September 30, 2023. Q3 2023 Financial Highlights Total revenue was US$87.3 million, compared to US$76.6 million in Q3 2022. Net loss was US$1.8... Read More

SINGAPORE, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today announced that it has become a Preferred cloud service provider (CSP ) in the NVIDIA Partner Network and plans to launch Bitdeer AI Cloud, among the first cloud services powered by NVIDIA DGX SuperPOD with DGX H100... Read More

SINGAPORE / ACCESSWIRE / November 9, 2023 / Bitdeer Technologies Group (NASDAQ:BTDR) stands as a relatively lesser-known but potentially disruptive force in the world of bitcoin mining , offering a suite of solutions and strategic investments that cater to the complexities and demands of the sector. As investors pursue... Read More

SINGAPORE, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for the cryptocurrency mining community, today announced its unaudited mining and operations updates for October 2023. Linghui Kong, Chief Executive Officer of Bitdeer, commented, “We continued to maintain a stable hash rate and aggregate electrical capacity during the... Read More

SINGAPORE / ACCESSWIRE / October 31, 2023 / In the past month, Bitcoin-mining company Bitdeer Technologies' (NASDAQ:BTDR) stock has plummeted approximately 70%, taking the stock from a price of $9.84 a share to a low (as of this writing) of $3.03 a share. Advocates of the company argue that the price drop is not due to... Read More

SINGAPORE, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (“Bitdeer” or the “Company”) (NASDAQ: BTDR), a world-leading technology company for the cryptocurrency mining community, today announced that its board of directors has approved a new share repurchase program under which the Company may repurchase up to US$2,000,000 worth of its Class A ordinary shares (the “Shares”), effective through April 17, 2024.... Read More

SINGAPORE, Oct. 06, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for the cryptocurrency mining community, today announced its unaudited mining and operations updates for September 2023. Linghui Kong, Chief Executive Officer of Bitdeer, commented, “We remained focused on maintaining our operational strength during the month of... Read More

SINGAPORE, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for the cryptocurrency mining community, today announced its unaudited mining and operations updates for August 2023. Linghui Kong, Chief Executive Officer of Bitdeer, commented, “During August, we continued to deliver on our commitment to diversify and scale our global... Read More

SINGAPORE, Aug. 11, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for the cryptocurrency mining community, today announced its unaudited financial results for the second quarter ended June 30, 2023. Linghui Kong, Chief Executive Officer of Bitdeer, commented, “During the second quarter of 2023, our total revenues increased by 5% year... Read More

SINGAPORE, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for the cryptocurrency mining community, today announced its unaudited mining and operations updates for July 2023. Linghui Kong, Chief Executive Officer of Bitdeer, commented, “We made significant strides on both the operational and infrastructure fronts during July. Our... Read More

SINGAPORE, July 08, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for the cryptocurrency mining community, today announced its unaudited mining and operations updates for June 2023. Linghui Kong, Chief Executive Officer of Bitdeer, commented, “During June, we pushed ahead with our efforts to augment and develop our business. Our 100MW... Read More

SINGAPORE, June 16, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (“Bitdeer” or the “Company”) (NASDAQ: BTDR), a world-leading technology company for the cryptocurrency mining community, today announced that its board of directors has approved a share repurchase program under which the Company may repurchase up to US$1,000,000 worth of its Class A ordinary shares (the “Shares”), effective through September 15, 2023.... Read More

SINGAPORE, June 14, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for the cryptocurrency mining community, today announced its unaudited mining and operations updates for May 2023. Linghui Kong, Chief Executive Officer of Bitdeer,... Read More

SINGAPORE, June 07, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (" Bitdeer " or the “ Company ”), a world-leading technology company for the cryptocurrency mining community, today announced that Haris Basit has been appointed as the Company’s Chief Strategy Officer. In his new role, Mr. Basit will spearhead Bitdeer’s effort to drive strategic growth and harness innovative technology to power the next... Read More

SINGAPORE, May 16, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for the cryptocurrency mining community, today announced its unaudited financial results for the first quarter ended March 31, 2023. Linghui Kong, Chief Executive Officer of Bitdeer, commented, “We continued to deliver robust performance and maintained a sufficient cash flow... Read More