Bitdeer Announces November 2024 Production and Operations Update
Bitdeer Technologies Group (BTDR)
Company Research
Source: GlobeNewswire
- Anticipated ~35 EH/s of SEALMINER A2 Mass Production through Q3 2025 - 1.1 GW of New Power Capacity On Track to Come Online in 2025 - Closed US$400 million Convertible Senior Notes Offering to Accelerate SEALMINER Development and Production SINGAPORE, Dec. 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 November 2024. Operational Update Self-mined Bitcoin: 150 Bitcoins.Mining Rig Manufacturing and R&D: SEALMINER A1: Mass production of approximately 3.7 EH/s of mining rigs is on track with 0.1 EH/s powered on, 0.4 EH/s delivered for installation, 0.3 EH/s in-transit to data centers and 2.6 EH/s in production.SEALMINER A2: Secured wafer capacity as of this report date is expected to generate approximately 35 EH/s hashrate in 2025, increased from 18 EH/s.Initial allocation of ~30,000
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News
- Bitcoin in Bhutan: Charting Its Own Course of Economic Development [Yahoo! Finance]Yahoo! Finance
- Bitdeer Technologies Group (NASDAQ: BTDR) had its price target raised by analysts at B. Riley from $15.00 to $24.00. They now have a "buy" rating on the stock.MarketBeat
- Bitdeer Technologies Group (NASDAQ: BTDR) had its price target raised by analysts at Roth Mkm from $15.00 to $29.00. They now have a "buy" rating on the stock.MarketBeat
- Bitdeer Technologies Group (NASDAQ: BTDR) had its price target raised by analysts at Benchmark Co. from $16.00 to $29.00. They now have a "buy" rating on the stock.MarketBeat
- Bitdeer Technologies Group (NASDAQ: BTDR) had its price target raised by analysts at Rosenblatt Securities from $17.00 to $22.00. They now have a "buy" rating on the stock.MarketBeat
BTDR
Earnings
- 11/18/24 - Miss
BTDR
Sec Filings
- 12/19/24 - Form EFFECT
- 12/11/24 - Form F-3
- 12/11/24 - Form 6-K
- BTDR's page on the SEC website