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Bitdeer Technologies Group (BTDR) operates as a technology enterprise primarily dedicated to the cryptocurrency mining sector. The company engages in proprietary digital asset mining, extracting cryptocurrencies for its own portfolio, while also delivering comprehensive mining solutions to its community clients. Its robust suite of offerings encompasses the entire mining lifecycle, from sourcing and acquiring specialized mining hardware and managing intricate transport logistics, to the meticulous design and construction of mining datacenters. Furthermore, Bitdeer oversees ongoing mining…

Shares of Bitdeer Technologies Group (NASDAQ: BTDR - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the thirteen research firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and ten have assigned a

Bitdeer Technologies Group (NASDAQ:BTDR) shares are trading higher in Monday's after-hours session after the company announced a production and operations update for September.

Monthly Highlights AI Cloud: Capacity Expansion in Malaysia: Bitdeer AI recently announced data services agreements securing 67MW of capacity at A901 data center with full delivery planned for Q2 2027 and an additional 60MW of capacity at A103 data center with delivery planned for Q1 2028. Contracting of A201 Facility in Malaysia: Bitdeer AI announced offtake commitments covering more than 70% of our ~21.7MW A201 data center in Johor Bahru, generating >$1.7 billion in expected revenue over 5 years and boosting total AI Cloud revenue backlog to ~$2.9 billion.

Short sellers are betting heavily against 10 stocks, and the fuse is getting shorter. Each one has more than 38% of its float sold short, with market caps above $2 billion and average daily volume above 1 million shares, according to Benzinga Pro screener data as of Oct. 12.

New 8-year data center services agreement for the A103 facility at the Cyberjaya campus brings secured AI Cloud data center facility to approximately 333.5MW, designed for next-generation NVIDIA Vera Rubin deployment New 8-year data center services agreement for the A103 facility at the Cyberjaya campus brings secured AI Cloud data center facility to approximately 333.5MW, designed for next-generation NVIDIA Vera Rubin deployment