₿$73,459.79▼ 0.12%
Bitdeer Technologies Group
BTDR🇸🇬Reserve
Bitcoin mining and AI cloud technology company headquartered in Singapore. Bitdeer designs proprietary ASIC mining chips (SEAL series) and operates data centers in the US, Bhutan, and Norway. BTC was accumulated through self-mining operations and sold in early 2026 to fund AI and HPC expansion.
BTC Holdings
73 BTC
180d
Stock PriceUpdated 11h ago
$17.49▼ 4.84%
180d
Total financing
1.17B USD
180d
mNAV
1064.04x▼ 4.73%
180d
Leverage
16173.2%
180d
BTC Risk
94.42%0.0x
Sats/Share
22
180d
Mkt capFD
5.71B USD
SharesFD
326.24M
Fiat reserve
297.70M USD
Total reserve
303.06M USD
Dilution
34.1%
Coverage
0.1 yr
BTC mix
0%
Analytics
BTC Coverage
FinancialsUnverified
GAAPQuarterlyAs of 2026-03-31
Balance Sheet
Total Assets$3.1B
Total Liabilities$2.4B
Stockholders' Equity$730.1M
Cash & Equivalents$297.7M
Total Debt$1.9B
Digital Assets$245M
Income Statement
Revenue$188.9M
Operating Income$-105.9M
Net Income$-159.5M
Interest Expense$29.5M
Cash Flow
Operating Cash Flow$-346.9M
Instruments
BTDR-Dec29
Nov '24 – Dec '29
Coupon
5.25%
Principal
400.00M USD
Outstanding
65.00M USD
Conv. price
15.95 USD
BTC Rating
>10x
BTDR-Jul31
Jun '25 – Jul '31
Coupon
4.875%
Principal
375.00M USD
Outstanding
375.00M USD
Conv. price
15.88 USD
BTC Rating
0.0x
BTDR-Nov31
Nov '25 – Nov '31
Coupon
4%
Principal
400.00M USD
Outstanding
400.00M USD
Conv. price
17.77 USD
BTC Rating
0.0x
BTDR-Mar32
Feb '26 – Mar '32
Coupon
5%
Principal
325.00M USD
Outstanding
325.00M USD
Conv. price
9.93 USD
BTC Rating
0.0x
Total
1.17B USD
| Instrument | Term | Coupon | Principal | Outstanding | Conv. price | BTC Rating |
|---|---|---|---|---|---|---|
| BTDR-Dec29 | Nov '24 – Dec '29 | 5.25% | 400.00M USD | 65.00M USD | 15.95 USD | >10x |
| BTDR-Jul31 | Jun '25 – Jul '31 | 4.875% | 375.00M USD | 375.00M USD | 15.88 USD | 0.0x |
| BTDR-Nov31 | Nov '25 – Nov '31 | 4% | 400.00M USD | 400.00M USD | 17.77 USD | 0.0x |
| BTDR-Mar32 | Feb '26 – Mar '32 | 5% | 325.00M USD | 325.00M USD | 9.93 USD | 0.0x |
| Total | 1.17B USD | |||||
Recent Changes
Thu, Apr 30, 2026
BTC Holdings
31→73+42 BTC(+135.5%)
Includes BTC pledged as collateral; excludes customer deposits
Form 6-K (April 2026 production and operations update)Tue, Apr 21, 2026
Shares Outstanding
241.1M→243.3M+2.3M(+0.9%)
198,913,731 Class A + 44,399,922 Class V
Form 20-F (2025)Tue, Mar 31, 2026
BTC Holdings
51→31-20 BTC(-39.2%)
Includes BTC pledged as collateral; excludes customer deposits
Form 6-K (March 2026 production and operations update)Fiat Reserve
149.4M→297.7M+148.3M(+99.3%)USD
Form 6-K (Q1 2026 unaudited financial results)
Sat, Feb 28, 2026
BTC Holdings
0→51+51 BTC
Form 6-K (February 2026 production update)
Thu, Feb 26, 2026
Shares Outstanding
235.6M→241.1M+5.5M(+2.3%)
196,655,192 Class A (191,152,162 + 5,503,030 equity offering) + 44,399,922 Class V; offering settled T+4 on Feb 26, 2026
Form 424B5 (5,503,030 Class A ordinary shares prospectus supplement)Tue, Feb 24, 2026
Debt OutstandingRepurchaseBTDR-Dec29
200.0M→65.0M-135.0M(-67.5%)
$135M face repurchased for ~$138.2M cash concurrent with Feb 2026 offering
$325M 5.00% Convertible Senior Notes due 2032Debt OutstandingIssuanceBTDR-Mar32
325.0M
$325M 5.00% Convertible Senior Notes due 2032
Sat, Feb 21, 2026
BTC Holdings
943.1→0-943.1 BTC(-100.0%)
BTC Holdings Tracker
Mon, Feb 16, 2026
BTC Holdings
1.0K→943.1-96.4 BTC(-9.3%)
BTC Holdings Tracker
Sat, Feb 7, 2026
BTC Holdings
1.5K→1.0K-490.5 BTC(-32.1%)
BTC Holdings Tracker
Sat, Jan 31, 2026
BTC Holdings
1.5K→1.5K+4 BTC(+0.3%)
BTC Holdings Tracker
BTC Holdings
1.5K→1.5K+21.6 BTC(+1.4%)
Form 6-K (January 2026 production update)
Fri, Jan 23, 2026
BTC Holdings
1.5K→1.5K+2.3 BTC(+0.2%)
BTC Holdings Tracker
Tue, Jan 20, 2026
BTC Holdings
1.9K→1.5K-398.8 BTC(-21.0%)
BTC Holdings Tracker