News & Videos - BITDEER TECHNOLOGIES GROUP

- SEAL03 sample wafers achieved a power efficiency of 9.7 J/TH at the chip level during chip verification and prototype testing while running at low voltage, ultra power-saving mode - Anticipate SEALMINER A3 mass production to commence in the latter half of 2025 SINGAPORE, March 12, 2025 (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...

SINGAPORE, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (“Bitdeer” or the “Company”) (Nasdaq: BTDR), a world-leading technology company for blockchain and high-performance computing, today announced that it has conducted share repurchase for a total amount of approximately US$9.0 million on February 27, 2025, fully utilizing its US$10,000,000 share repurchase program approved in September 2024. The board of directors of the Company has approved a new share repurchase...

SINGAPORE, Feb. 25, 2025 (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 results for the fourth quarter ended December 31, 2024. Q4 2024 Financial Highlights All amounts compared to Q4’23 unless otherwise noted Total revenue was US$69.0 million vs. US$114.8 million. Cost of revenue was US$63.9 million vs. US$87.8...

- First trial batch of SEALMINER A2 air cooled rigs have been delivered to our datacenters and are running smoothly. - Completed acquisition of 101 MW site and gas-fired power plant project in Alberta to deliver the industry’s first fully vertically-integrated Bitcoin mining site. SINGAPORE, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“ Bitdeer ” or the “ Company ”), a world-leading technology company for blockchain and high-performance computing, today...

SINGAPORE, Feb. 11, 2025 (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 fourth quarter and full year 2024 earnings conference call and webcast for Tuesday, February 25, 2025 at 8:00 AM EST. During the call, Bitdeer management will discuss the preliminary and unaudited financial and operational results for the quarter...

SINGAPORE, Feb. 04, 2025 (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 close of the acquisition of a fully licensed and permitted 101 MW site and gas-fired power project situated on 19 acres of land near Fox Creek, Alberta in an all-cash transaction for $21.7 million. The site has potential to scale to 1 GW of power, reflecting...

New York, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Bitdeer launches its new feature, " ReMine ," which offers a transparent transfer market for Bitdeer mining machine buyers and sellers. "ReMine" uses a peer-to-peer model crafted to meet users' needs for purchasing and transferring mining machines and related rights and benefits provided by Bitdeer. It enables flexible transfer of SEALMINER orders, SEALMINER priority purchase rights, and relevant rights and benefits. ReMine aims to provide users with a...

- Production of approximately 35 EH/s of SEALMINER A2s through Q3 2025 remains on track. - ~7 EH/s of SEALMINER A2s allocated for external sale have been ordered by customers, including the full receipt of related down payments. - SEAL03 sample wafers with an anticipated chip efficiency of 10 J/TH expected in Q1 2025. - SEAL04 R&D remains on track to achieve industry leading efficiency of 5 J/TH with anticipated initial tape-out in Q3 2025. SINGAPORE, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Bitdeer...

- 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...

SINGAPORE, Nov. 22, 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 US$360.0 million principal amount of 5.25% Convertible Senior Notes due 2029 (the “ notes ”) in a private placement (the “ offering ”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act...

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 persons reasonably believed to be qualified institutional...

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 revenue was US$59.2 million, compared to US$66.2 million in Q3...

- 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 unaudited mining and operations updates for October 2024....

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 operational results for the quarter ended September 30, 2024,...

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 2024 and is expected to contribute 3.4 EH/s to Bitdeer’s...

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 exceptional power efficiency ratio of 13.5 J/TH - while running at...

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 transition of hosting customers and Texas 100 MW hydro-cooling...

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 close on August 20, 2024, subject to customary closing...

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 other conditions. The Company also intends to grant the...

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 both cloud service and an AI training platform. The Bitdeer AI Training...