Bitdeer Technologies Faces Price Drop Amid Market Weakness
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 13 2026
0mins
Source: Benzinga
Bitdeer Technologies Group's stock fell by 6.27% as it hit a 5-day low, reflecting broader market trends with the Nasdaq-100 down 1.02% and the S&P 500 down 0.22%.
Despite a reported 370% increase in Bitcoin production and a significant boost in self-mining hash rate, the stock's decline is attributed to sector rotation as investors react to overall market weakness. Analysts from Citizens have initiated coverage on Bitdeer with a price target of $35, indicating potential upside, but retail sentiment remains bearish, raising concerns about liquidity and profitability.
The implications of this price movement suggest that while Bitdeer is making strides in production and infrastructure, the current market environment is challenging. Investors may need to weigh the company's growth potential against the backdrop of market sentiment and liquidity concerns.
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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: 14.250
Low
25.00
Averages
32.60
High
40.00
Current: 14.250
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 Signs Colocation Lease for AI Data Center in Norway
- Lease Agreement Signed: Bitdeer Technologies Group's wholly-owned subsidiary, Tydal Data Center AS, has signed a colocation lease for its AI data center in Tydal, Norway, which is expected to become effective within the next month, indicating the company's intent to expand in the AI data center sector.
- Conditions to be Met: The lease has not yet become effective and remains subject to certain conditions, suggesting that the company faces some uncertainties in advancing its AI data center strategy, which could impact short-term business progress.
- Commercial Terms Pending: The commercial terms of the lease are yet to be finalized, which may affect Bitdeer's financial planning and future earnings, especially in the rapidly evolving AI computing market.
- Positive Market Reaction: Bitdeer's stock rose following the lease agreement announcement, reflecting investor recognition of the company's potential in the AI data center space, potentially laying the groundwork for future capital re-rating.
See More
Bitdeer Signs Colocation Lease for Norwegian AI Data Center
- Stock Surge: Bitdeer Technologies (BTDR) saw a 4.96% increase in pre-market trading on Monday, reaching $18.00, indicating strong market confidence in the company's growth potential following the announcement of its new lease agreement.
- Lease Agreement: The colocation lease for Bitdeer's Norwegian Tydal Data Center has been signed, although it is not yet effective; this move is viewed as a significant step in the company's global AI infrastructure strategy, highlighting its commitment to the rapidly evolving AI sector.
- Conditions for Effectiveness: The lease's effectiveness is contingent upon the counterparty completing certain external customer and supplier arrangements, which may impact the timeline for implementation, with expectations for it to become effective within the next month, further facilitating business expansion.
- Strategic Implications: Haris Basit, Bitdeer's Chief Strategy Officer, noted that signing this agreement marks a crucial advancement in executing the company's global AI infrastructure strategy, suggesting a rapid expansion and enhanced competitiveness in the AI data center market.
See More
Bitdeer Signs Lease for AI Data Center in Norway
- Lease Signing Progress: Bitdeer Technologies Group's wholly-owned subsidiary, Tydal Data Center AS, has signed a colocation lease for its AI data center in Norway, although the lease is not yet effective and is subject to several conditions beyond the company's control, which may impact its final execution.
- Global Strategic Expansion: Chief Strategy Officer Haris Basit stated that the signing of this lease marks a significant step in Bitdeer's execution of its global AI infrastructure strategy, demonstrating the company's commitment to expanding its AI computing capabilities.
- Future Announcement Expectations: Bitdeer intends to issue a public announcement within a month after the lease becomes effective, detailing the commercial terms and expected business impact, indicating the company's emphasis on transparency and investor communication.
- Commitment to Technological Infrastructure: As a world-leading technology company for AI and Bitcoin mining infrastructure, Bitdeer is dedicated to providing comprehensive Bitcoin mining solutions and supporting the AI revolution with its computational infrastructure, further solidifying its market position.
See More
Bitdeer AI Wins 2026 AI Cloud Platform of the Year Award
- Industry Recognition: Bitdeer AI has been awarded the 'AI Cloud Platform of the Year' at the 2026 AI Breakthrough Awards, highlighting its leadership in the global AI market and reinforcing its position as a preferred NVIDIA Cloud Partner.
- Architectural Innovation: By implementing a vertically integrated 'AI Factory' model, Bitdeer AI addresses the challenges of fragmented workflows and capacity shortages faced by traditional cloud architectures, thereby enhancing enterprise efficiency in generative AI and production workloads.
- Cost Stability: Bitdeer AI eliminates the profit margins associated with third-party infrastructure, providing users with unprecedented price-performance advantages and ensuring a transparent cost structure when utilizing its cloud platform.
- Future Strategy: Bitdeer AI plans to expand its 'AI Factory' footprint to meet regional growth and data residency requirements while deepening its integration with NVIDIA to support next-generation architectures and day-0 software releases, securing its foundational role in global AI deployment.
See More
Bitdeer AI Wins 2026 AI Cloud Platform of the Year Award
- Industry Recognition: Bitdeer AI has been awarded the 'AI Cloud Platform of the Year' at the 2026 AI Breakthrough Awards, highlighting its leadership in the global AI market and showcasing its exceptional technology and products within the industry.
- Architectural Innovation: By adopting a vertically integrated 'AI Factory' model, Bitdeer AI addresses structural challenges faced by traditional cloud architectures, enhancing efficiency for enterprise-scale generative AI and production workloads.
- Cost Advantage: By eliminating dependencies on third-party infrastructure, Bitdeer AI offers unprecedented price-performance leadership and transparent cost structures to users, further strengthening its competitive position in the market.
- Future Strategy: Bitdeer AI plans to expand its unified cloud ecosystem globally by establishing sustainable proprietary 'AI Factories' to meet regional growth and strict data residency requirements, ensuring its foundational architecture for global AI deployment.
See More
Bitdeer and BioCryst Options Trading Activity Surges
- Surge in Bitdeer Options: Bitdeer Technologies Group (BTDR) has seen an options trading volume of 60,785 contracts today, equating to approximately 6.1 million shares, which represents about 49.9% of its average daily trading volume over the past month, indicating strong market interest in its future performance.
- High Call Option Activity: Within BTDR, the $20 strike call option has been particularly active, with 30,291 contracts traded today, representing around 3.0 million shares, reflecting a strong bullish sentiment among investors regarding the stock's potential upside.
- BioCryst Options Trading: BioCryst Pharmaceuticals Inc (BCRX) has recorded an options trading volume of 21,183 contracts today, translating to approximately 2.1 million shares, which is about 49.1% of its average daily trading volume over the past month, showcasing market interest in its growth prospects.
- Active BCRX Call Options: For BCRX, the $15 strike call option has also seen significant activity, with 8,347 contracts traded today, representing approximately 834,700 shares, indicating investor optimism about the company's future performance.
See More
Bitdeer Signs Colocation Lease for AI Data Center in Norway
- Lease Agreement Signed: Bitdeer Technologies Group's wholly-owned subsidiary, Tydal Data Center AS, has signed a colocation lease for its AI data center in Tydal, Norway, which is expected to become effective within the next month, indicating the company's intent to expand in the AI data center sector.
- Conditions to be Met: The lease has not yet become effective and remains subject to certain conditions, suggesting that the company faces some uncertainties in advancing its AI data center strategy, which could impact short-term business progress.
- Commercial Terms Pending: The commercial terms of the lease are yet to be finalized, which may affect Bitdeer's financial planning and future earnings, especially in the rapidly evolving AI computing market.
- Positive Market Reaction: Bitdeer's stock rose following the lease agreement announcement, reflecting investor recognition of the company's potential in the AI data center space, potentially laying the groundwork for future capital re-rating.
See More
Bitdeer Signs Colocation Lease for Norwegian AI Data Center
- Stock Surge: Bitdeer Technologies (BTDR) saw a 4.96% increase in pre-market trading on Monday, reaching $18.00, indicating strong market confidence in the company's growth potential following the announcement of its new lease agreement.
- Lease Agreement: The colocation lease for Bitdeer's Norwegian Tydal Data Center has been signed, although it is not yet effective; this move is viewed as a significant step in the company's global AI infrastructure strategy, highlighting its commitment to the rapidly evolving AI sector.
- Conditions for Effectiveness: The lease's effectiveness is contingent upon the counterparty completing certain external customer and supplier arrangements, which may impact the timeline for implementation, with expectations for it to become effective within the next month, further facilitating business expansion.
- Strategic Implications: Haris Basit, Bitdeer's Chief Strategy Officer, noted that signing this agreement marks a crucial advancement in executing the company's global AI infrastructure strategy, suggesting a rapid expansion and enhanced competitiveness in the AI data center market.
See More
Bitdeer Signs Lease for AI Data Center in Norway
- Lease Signing Progress: Bitdeer Technologies Group's wholly-owned subsidiary, Tydal Data Center AS, has signed a colocation lease for its AI data center in Norway, although the lease is not yet effective and is subject to several conditions beyond the company's control, which may impact its final execution.
- Global Strategic Expansion: Chief Strategy Officer Haris Basit stated that the signing of this lease marks a significant step in Bitdeer's execution of its global AI infrastructure strategy, demonstrating the company's commitment to expanding its AI computing capabilities.
- Future Announcement Expectations: Bitdeer intends to issue a public announcement within a month after the lease becomes effective, detailing the commercial terms and expected business impact, indicating the company's emphasis on transparency and investor communication.
- Commitment to Technological Infrastructure: As a world-leading technology company for AI and Bitcoin mining infrastructure, Bitdeer is dedicated to providing comprehensive Bitcoin mining solutions and supporting the AI revolution with its computational infrastructure, further solidifying its market position.
See More
Bitdeer AI Wins 2026 AI Cloud Platform of the Year Award
- Industry Recognition: Bitdeer AI has been awarded the 'AI Cloud Platform of the Year' at the 2026 AI Breakthrough Awards, highlighting its leadership in the global AI market and reinforcing its position as a preferred NVIDIA Cloud Partner.
- Architectural Innovation: By implementing a vertically integrated 'AI Factory' model, Bitdeer AI addresses the challenges of fragmented workflows and capacity shortages faced by traditional cloud architectures, thereby enhancing enterprise efficiency in generative AI and production workloads.
- Cost Stability: Bitdeer AI eliminates the profit margins associated with third-party infrastructure, providing users with unprecedented price-performance advantages and ensuring a transparent cost structure when utilizing its cloud platform.
- Future Strategy: Bitdeer AI plans to expand its 'AI Factory' footprint to meet regional growth and data residency requirements while deepening its integration with NVIDIA to support next-generation architectures and day-0 software releases, securing its foundational role in global AI deployment.
See More
Bitdeer AI Wins 2026 AI Cloud Platform of the Year Award
- Industry Recognition: Bitdeer AI has been awarded the 'AI Cloud Platform of the Year' at the 2026 AI Breakthrough Awards, highlighting its leadership in the global AI market and showcasing its exceptional technology and products within the industry.
- Architectural Innovation: By adopting a vertically integrated 'AI Factory' model, Bitdeer AI addresses structural challenges faced by traditional cloud architectures, enhancing efficiency for enterprise-scale generative AI and production workloads.
- Cost Advantage: By eliminating dependencies on third-party infrastructure, Bitdeer AI offers unprecedented price-performance leadership and transparent cost structures to users, further strengthening its competitive position in the market.
- Future Strategy: Bitdeer AI plans to expand its unified cloud ecosystem globally by establishing sustainable proprietary 'AI Factories' to meet regional growth and strict data residency requirements, ensuring its foundational architecture for global AI deployment.
See More
Bitdeer and BioCryst Options Trading Activity Surges
- Surge in Bitdeer Options: Bitdeer Technologies Group (BTDR) has seen an options trading volume of 60,785 contracts today, equating to approximately 6.1 million shares, which represents about 49.9% of its average daily trading volume over the past month, indicating strong market interest in its future performance.
- High Call Option Activity: Within BTDR, the $20 strike call option has been particularly active, with 30,291 contracts traded today, representing around 3.0 million shares, reflecting a strong bullish sentiment among investors regarding the stock's potential upside.
- BioCryst Options Trading: BioCryst Pharmaceuticals Inc (BCRX) has recorded an options trading volume of 21,183 contracts today, translating to approximately 2.1 million shares, which is about 49.1% of its average daily trading volume over the past month, showcasing market interest in its growth prospects.
- Active BCRX Call Options: For BCRX, the $15 strike call option has also seen significant activity, with 8,347 contracts traded today, representing approximately 834,700 shares, indicating investor optimism about the company's future performance.
See More
