Bitdeer Technologies (BTDR) and Progress Software (PRGS) See Surge in Options Trading Volume
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 21 2026
0mins
Should l Buy BTDR?
Source: NASDAQ.COM
- Surge in BTDR Options Volume: Bitdeer Technologies Group's options trading volume reached 85,982 contracts, equivalent to approximately 8.6 million shares, exceeding 158.4% of its average daily trading volume of 5.4 million shares over the past month, indicating strong market interest in its future performance.
- High Demand for Call Options: Notably, the $20 strike call option expiring on March 20, 2026, saw a trading volume of 18,026 contracts today, representing about 1.8 million underlying shares, suggesting heightened investor expectations for BTDR's stock price appreciation.
- PRGS Options Activity: Progress Software Corp experienced an options trading volume of 8,499 contracts, equivalent to approximately 849,900 shares, or 146.7% of its average daily trading volume of 579,360 shares over the past month, reflecting sustained market interest in its stock.
- Active Call Options Trading: The $47.50 strike call option expiring on February 20, 2026, recorded a trading volume of 2,192 contracts today, representing approximately 219,200 underlying shares, indicating optimistic sentiment among investors regarding PRGS's future performance.
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Analyst Views on BTDR
Wall Street analysts forecast BTDR stock price to rise
10 Analyst Rating
10 Buy
0 Hold
0 Sell
Strong Buy
Current: 10.370
Low
25.00
Averages
32.60
High
40.00
Current: 10.370
Low
25.00
Averages
32.60
High
40.00
About BTDR
Bitdeer Technologies Group is a technology company for blockchain. It provides computing solutions for customers. The Company handles processes involved in computing, such as equipment procurement, transport logistics, datacenter design and construction, and equipment management. It primarily operates three business lines, namely self-mining, hash rate sharing, and hosting. Self-mining refers to cryptocurrency mining for its own account, which allows it to directly capture the high appreciation potential of cryptocurrency. It offers two types of hash rate sharing solutions, namely Cloud Hash Rate and Hash Rate Marketplace. Through Cloud Hash Rate, the Company sells its hash rate to customers. It offers hash rate subscription plans at a fixed price and shares mining income with them under certain arrangements. Its hosting services offer customers one-stop mining rig hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Bitdeer (BTDR) Q4 2025 Earnings Call Transcript
See More
BITDEER TECHNOLOGIES GROUP: B. RILEY LOWERS TARGET PRICE FROM $29 TO $22
- Price Adjustment: B. Riley has reduced the target price for Bitdeer Technologies Group from $29 to $22.
- Market Impact: This adjustment reflects changing market conditions and expectations for the company's performance.
See More
Bitdeer Technologies Reports Strong Q4 Earnings with Significant Revenue Growth
- Significant Revenue Growth: Bitdeer Technologies reported Q4 revenue of $224.8 million, a remarkable 225.8% year-over-year increase that exceeded market expectations by $18.38 million, highlighting the company's strong performance in the cryptocurrency mining sector and solidifying its market position.
- Net Profit Turnaround: The company achieved a net profit of $70.5 million, a substantial turnaround from a net loss of $531.9 million in the same period last year, indicating significant progress in cost control and operational efficiency, which enhances investor confidence.
- Gross Profit Improvement: Gross profit reached $10.6 million, up from $5.1 million year-over-year, reflecting the company's ability to effectively manage costs while driving revenue growth, thereby improving overall profitability.
- Strong Cash Position: As of December 31, 2025, Bitdeer reported cash and cash equivalents of $149.4 million, demonstrating financial stability that provides ample funding for future investments and expansion initiatives.
See More
Bitdeer Technologies to Announce Q4 Earnings on February 12
- Earnings Announcement: Bitdeer Technologies is set to release its Q4 2023 earnings report on February 12 before the market opens, with investors keenly awaiting performance metrics to assess the company's competitiveness in the cryptocurrency sector.
- Earnings Expectations: The consensus EPS estimate stands at -$0.12, reflecting a significant year-over-year improvement of 96.3%, indicating potential enhancements in cost control and operational efficiency within the company.
- Revenue Forecast: Bitdeer's revenue estimate is projected at $209.22 million, representing a remarkable year-over-year growth of 203.2%, which highlights the strong momentum in its cryptocurrency mining operations and may attract increased investor interest.
- Estimate Revisions: Over the past three months, EPS estimates have seen no upward revisions and four downward adjustments, while revenue estimates experienced four upward and four downward revisions, indicating market divergence and uncertainty regarding the company's future performance.
See More
Bitdeer Reports 430% Year-over-Year BTC Mining Growth in January 2026
- Mining Performance Surge: Bitdeer mined 668 BTC in January 2026, representing a remarkable year-over-year increase of approximately 430%, highlighting the company's strong performance and competitiveness in the cryptocurrency market.
- Hashrate Expansion: The self-mining hashrate reached 63.2 EH/s, with total deployed hashrate expanding to 65.1 EH/s and total hashrate under management at 78.1 EH/s, significantly up from 22.4 EH/s in January 2025, indicating effective strategic resource allocation and technological advancement.
- Mining Rig Deployment: The company deployed a total of 314,000 mining rigs globally, including 232,000 self-owned and 82,000 hosted rigs, reflecting its capability to expand in the global market and invest in mining infrastructure.
- Bitcoin Holdings Adjustment: As of January 2026, Bitdeer's Bitcoin holdings decreased to 1,530 BTC from 2,017 BTC in December 2025, illustrating ongoing adjustments in the company's capital allocation strategies.
See More
Bitdeer Schedules Q4 2025 Earnings Call for February 12, 2026
- Earnings Call Schedule: Bitdeer Technologies Group has scheduled its Q4 2025 earnings conference call for February 12, 2026, at 8:00 AM EST, during which management will discuss the unaudited financial and operational results for the quarter ended December 31, 2025, followed by a Q&A session.
- Timing of Results Release: The company will release its Q4 financial results at approximately 7:00 AM EST on February 12, 2026, ensuring that investors receive the latest information prior to the call, thereby enhancing transparency and communication efficiency.
- Participation Details: Participants can register for the call via the provided links, and upon registration, they will receive an email with the dial-in number, passcode, and PIN, with a recommendation to connect five minutes early to ensure a timely start, improving the overall experience.
- Company Background: Bitdeer is a world-leading technology company for Bitcoin mining and AI infrastructure, committed to providing comprehensive Bitcoin mining solutions, handling complex processes such as equipment procurement, logistics, and data center design, showcasing its significant position in the industry.
See More
Bitdeer (BTDR) Q4 2025 Earnings Call Transcript
See More
BITDEER TECHNOLOGIES GROUP: B. RILEY LOWERS TARGET PRICE FROM $29 TO $22
- Price Adjustment: B. Riley has reduced the target price for Bitdeer Technologies Group from $29 to $22.
- Market Impact: This adjustment reflects changing market conditions and expectations for the company's performance.
See More
Bitdeer Technologies Reports Strong Q4 Earnings with Significant Revenue Growth
- Significant Revenue Growth: Bitdeer Technologies reported Q4 revenue of $224.8 million, a remarkable 225.8% year-over-year increase that exceeded market expectations by $18.38 million, highlighting the company's strong performance in the cryptocurrency mining sector and solidifying its market position.
- Net Profit Turnaround: The company achieved a net profit of $70.5 million, a substantial turnaround from a net loss of $531.9 million in the same period last year, indicating significant progress in cost control and operational efficiency, which enhances investor confidence.
- Gross Profit Improvement: Gross profit reached $10.6 million, up from $5.1 million year-over-year, reflecting the company's ability to effectively manage costs while driving revenue growth, thereby improving overall profitability.
- Strong Cash Position: As of December 31, 2025, Bitdeer reported cash and cash equivalents of $149.4 million, demonstrating financial stability that provides ample funding for future investments and expansion initiatives.
See More
Bitdeer Technologies to Announce Q4 Earnings on February 12
- Earnings Announcement: Bitdeer Technologies is set to release its Q4 2023 earnings report on February 12 before the market opens, with investors keenly awaiting performance metrics to assess the company's competitiveness in the cryptocurrency sector.
- Earnings Expectations: The consensus EPS estimate stands at -$0.12, reflecting a significant year-over-year improvement of 96.3%, indicating potential enhancements in cost control and operational efficiency within the company.
- Revenue Forecast: Bitdeer's revenue estimate is projected at $209.22 million, representing a remarkable year-over-year growth of 203.2%, which highlights the strong momentum in its cryptocurrency mining operations and may attract increased investor interest.
- Estimate Revisions: Over the past three months, EPS estimates have seen no upward revisions and four downward adjustments, while revenue estimates experienced four upward and four downward revisions, indicating market divergence and uncertainty regarding the company's future performance.
See More
Bitdeer Reports 430% Year-over-Year BTC Mining Growth in January 2026
- Mining Performance Surge: Bitdeer mined 668 BTC in January 2026, representing a remarkable year-over-year increase of approximately 430%, highlighting the company's strong performance and competitiveness in the cryptocurrency market.
- Hashrate Expansion: The self-mining hashrate reached 63.2 EH/s, with total deployed hashrate expanding to 65.1 EH/s and total hashrate under management at 78.1 EH/s, significantly up from 22.4 EH/s in January 2025, indicating effective strategic resource allocation and technological advancement.
- Mining Rig Deployment: The company deployed a total of 314,000 mining rigs globally, including 232,000 self-owned and 82,000 hosted rigs, reflecting its capability to expand in the global market and invest in mining infrastructure.
- Bitcoin Holdings Adjustment: As of January 2026, Bitdeer's Bitcoin holdings decreased to 1,530 BTC from 2,017 BTC in December 2025, illustrating ongoing adjustments in the company's capital allocation strategies.
See More
Bitdeer Schedules Q4 2025 Earnings Call for February 12, 2026
- Earnings Call Schedule: Bitdeer Technologies Group has scheduled its Q4 2025 earnings conference call for February 12, 2026, at 8:00 AM EST, during which management will discuss the unaudited financial and operational results for the quarter ended December 31, 2025, followed by a Q&A session.
- Timing of Results Release: The company will release its Q4 financial results at approximately 7:00 AM EST on February 12, 2026, ensuring that investors receive the latest information prior to the call, thereby enhancing transparency and communication efficiency.
- Participation Details: Participants can register for the call via the provided links, and upon registration, they will receive an email with the dial-in number, passcode, and PIN, with a recommendation to connect five minutes early to ensure a timely start, improving the overall experience.
- Company Background: Bitdeer is a world-leading technology company for Bitcoin mining and AI infrastructure, committed to providing comprehensive Bitcoin mining solutions, handling complex processes such as equipment procurement, logistics, and data center design, showcasing its significant position in the industry.
See More
