Bitdeer Technologies Group (BTDR) Stock Price & Analysis
Bitdeer Technologies Group (BTDR) closed at USD 7.28 on Thursday, October 22, 2026, down 9.68% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 8.06; the Oct 22, 2026 session ranged USD 7.15–7.89 on volume of 11,103,778 shares. Market capitalization is $1.98B, with a 52-week range of USD 6.92–25.28 (NCM). Source: Nexqual, retrieved October 23, 2026 at 11:22 UTC.
Also available as compact Markdown for AI agents: nexqual.com/BTDR.md
Key facts (BTDR)
- 2 of 80 tracked superinvestors hold BTDR (13F, Q2 2026): 2 new, 0 added, 0 reduced, 0 unchanged.
- Insider open-market purchases, last ~7 months: 2 Form 4 filings, $447K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 1.86 on a 1–5 scale) (14 analysts), mean target USD 22.14 (range 10–35).
- Total return with dividends: 1Y -66.5% vs S&P 500 +14.9%; 5Y -26.9% vs S&P 500 +80.3%.
- Next earnings: 2026-11-09, EPS estimate USD -0.33, revenue estimate $255M.
Superinvestors (SEC 13F-HR, Q2 2026) (BTDR)
2 of 80 tracked investors hold BTDR. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Stephen Mandel | Lone Pine Capital | 0.68% | $111M | New position |
| Polen Capital | Polen Capital Management | 0.01% | $1.3M | New position |
Insider purchases (SEC Form 4, open-market, last ~7 months) (BTDR)
2 purchases, $447K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-08-14 | Basit Haris Fozan | Chief Strategy Officer | 25,000 | $221K | 8.84 | Too little history (no open-market trades in 2023–2025) |
| 2026-08-12 | Potter Michael G | Chief Financial Officer | 25,000 | $226K | 9.04 | Too little history (no open-market trades in 2023–2025) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (BTDR)
Consensus Buy (mean 1.86 on a 1–5 scale), 14 analysts; mean target USD 22.14 (low 10, high 35).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-09 | Barclays | Target raised | Overweight | $15 → $17 |
| 2026-09-15 | Rosenblatt | Maintained | Buy | $25 |
| 2026-08-20 | Barclays | Initiated | Overweight | $15 |
| 2026-08-13 | Keefe, Bruyette & Woods | Target lowered | Market Perform | $14 → $10 |
| 2026-08-13 | B. Riley Securities | Target lowered | Buy | $23 → $21 |
| 2026-08-11 | Needham | Target lowered | Buy | $22 → $20 |
| 2026-08-06 | Benchmark | Target lowered | Buy | $27 → $22 |
| 2026-08-05 | Cantor Fitzgerald | Upgrade | Neutral → Overweight | $15 → $18 |
| 2026-08-04 | Needham | Target raised | Buy | $19 → $22 |
| 2026-07-28 | Keefe, Bruyette & Woods | Target lowered | Market Perform | $17 → $14 |
Total return (dividends reinvested) (BTDR)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -66.5% | -26.9% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -66.6% | -6.1% |
| Volatility (annualized) | 103.3% | 101.0% |
| Max drawdown | -69.9% (Oct 2025→Mar 2026) | -77.2% (Jul 2023→Oct 2023) |
BTDR suppliers, customers and competitors (named in its 20-F)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | NVIDIA (NVDA) | “deployed NVIDIA GB200 NVL72, helping customers accelerate their development of generative AI, LLMs and other AI workloads.” |
| Partner | Blockchain | “kind the shares of Blockchain Alliance to the then existing shareholders of our group.” |
| Partner | Erie Creek | “into a lease agreement with Monroe County Port Authority ("MCPA") through Erie Creek LLC ("Erie Creek"), our” |
Quoted from the company's 20-F filed Apr 30, 2026.
BTDR analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.33 | $-0.26 | +25.6% | $255.0M | 3 |
| Next quarter (ends Dec 2026) | $-0.21 | $-0.20 | +3.3% | $288.8M | 2 |
| Current fiscal year (ends Dec 2026) | $-1.61 | $-1.48 | +8.4% | $955.7M | 4 |
| Next fiscal year (ends Dec 2027) | $-0.37 | $-0.20 | +83.2% | $1.71B | 4 |
BTDR options: expected move
Options price a move of about ±24.1% (±$1.75) by Nov 13, 2026, which includes earnings on Nov 9, 2026; the earnings reaction alone is priced at about ±9.2%.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 106.8% | ±13.1% |
| Nov 6, 2026 | 14 | 114.1% | ±18.9% |
| Nov 13, 2026 | 21 | 120.6% | ±24.1% |
| Nov 20, 2026 | 28 | 111.3% | ±25.4% |
| Nov 27, 2026 | 35 | 105.4% | ±26.8% |
| Dec 4, 2026 | 42 | 101.3% | ±28.2% |
| Dec 18, 2026 | 56 | 101.3% | ±32.3% |
| Jan 15, 2027 | 84 | 101.2% | ±39.2% |
30-day implied volatility 107.1% vs 80.3% realized over the last 30 trading days. Put/call ratio (volume) 2.21. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 11:22 UTC)
| Price | USD 7.28 |
|---|---|
| Change | ▼ 9.68% (down) |
| Previous Close | USD 8.06 |
| Open | USD 7.63 |
| Day Range | USD 7.15 – 7.89 |
| 52-Week Range | USD 6.92 – 25.28 |
| Volume | 11,103,778 shares |
| Market Cap | $1.98B |
| Exchange | NCM |
Technical Analysis (BTDR)
Nexqual's technical model rates BTDR "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 11:22 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 25.46 (oversold) |
| vs SMA50 | Below (USD 10.53) |
| MACD | -0.99 (negative) |
Analyst Ratings (BTDR)
Wall Street analysts rate BTDR "Buy" based on 14 analysts, with a mean price target of USD 22.14 (range USD 10–35), per Nexqual as of October 23, 2026 at 11:22 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 14 |
| Mean Target | USD 22.14 |
| High Target | USD 35 |
| Low Target | USD 10 |
| Buy / Hold / Sell | 13 / 1 / 0 |
Earnings (BTDR)
| Next Earnings Date | 2026-11-09 |
|---|---|
| EPS Estimate | USD -0.33 |
| Revenue Estimate | $255.00M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.39 vs est -0.34 ▼ miss |
| 2026-03-31 | USD -0.46 vs est -0.35 ▼ miss |
| 2025-12-31 | USD -0.31 vs est -0.12 ▼ miss |
| 2025-09-30 | USD -0.16 vs est -0.14 ▼ miss |
Source: Nexqual, October 23, 2026 at 11:22 UTC.
Financials & Fundamentals (BTDR)
| Total Revenue | $812.26M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +47.10% |
| Gross Margin | +0.67% |
| Operating Margin | -34.92% |
| Profit Margin | -28.14% |
| ROE | -25.26% |
| Debt / Equity | 1.77 |
| Current Ratio | 1.01 |
| Total Cash | $460.87M |
| Total Debt | $1.95B |
Source: Nexqual, October 23, 2026 at 11:22 UTC.
Financial Health Score (BTDR)
Nexqual rates Bitdeer Technologies Group's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 11:22 UTC.
| Growth | Strong — Revenue +77% YoY (annual) |
|---|---|
| Profitability | Mixed — Net margin 11% (last 12 months); banks have no gross margin |
| Balance Sheet | N/A — Not comparable for banks: deposits and customer funds sit on the balance sheet, so cash vs debt does not measure safety (SEC industry: Finance Services) |
| Cash Flow | N/A — Not meaningful for banks and lenders: lending and trading move operating cash flow by billions each year (SEC industry: Finance Services) |
| Efficiency | Critical — ROE -25%, ROA 4.3% |
Ownership (BTDR)
| Insider Ownership | +28.75% |
|---|---|
| Institutional Ownership | +70.36% |
| Shares Outstanding | 227.38M |
| Float | 160.33M |
| Short % of Float | +33.37% |
Source: Nexqual, October 23, 2026 at 11:22 UTC.
Leadership (BTDR)
Bitdeer Technologies Group is led by Jihan Wu, Founder, Chairman & CEO, per Nexqual as of October 23, 2026 at 11:22 UTC.
| Founder, Chairman & CEO | Jihan Wu |
|---|---|
| Chief Financial Officer | Michael G. Potter |
| Executive Vice President of Operations | Benjamin Su |
| Chief Technology Officer | Yuling Ma |
| Vice President of Sales & Marketing | Xiaojun Fan |
Major Backers & Investors (BTDR)
Notable institutional backers of Bitdeer Technologies Group include Sachem Head Capital Management, LP, Jane Street Group, LLC, Lone Pine Capital, according to Nexqual as of October 23, 2026 at 11:22 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Sachem Head Capital Management, LP | 8.66% |
| Jane Street Group, LLC | 6.35% |
| Lone Pine Capital | 6.31% |
| Barclays Plc | 5.92% |
| Citadel | 5.44% |
| Bank of America Corporation | 5.01% |
| Value Aligned Research Advisors, LLC | 4.68% |
| Clearfield Capital Management LP | 3.67% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 9.96% |
Source: Nexqual, October 23, 2026 at 11:22 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| APPF | AppFolio, Inc. | USD 217.33 | ▲ 0.06% |
| DSGX | The Descartes Systems Group Inc | USD 94 | ▲ 1.74% |
| TTAN | ServiceTitan, Inc. | USD 85.2 | ▲ 3.5% |
| IDCC | InterDigital, Inc. | USD 332.06 | ▼ 0.78% |
| YMM | Full Truck Alliance Co. Ltd. | USD 8.35 | ▼ 1.76% |
| PCOR | Procore Technologies, Inc. | USD 62.29 | ▲ 2.27% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 11:22 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt