Bitdeer Technologies Group operates as a technology company for blockchain and computing. It offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining machine hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining; as well as mines cryptocurrencies for its own account. The company also operates mining datacenters to generate hash rate; handles various processes involved in computing, such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations; and sells mining machines. The company is headquartered in Singapore.
Vertical Integration | Explore BTDR's unique business model, encompassing self-mining, cloud hashing, hosting services, and ASIC design, setting it apart in the Bitcoin mining industry |
Expansion & Innovation | Delve into BTDR's aggressive growth plans, including a 30-year lease for 570MW power in Ohio and the development of proprietary SEALMINER A2 technology |
Market Positioning | Learn how BTDR's vertical integration and technological advancements position it to capture a significant share of the $7.2 billion Bitcoin-mining machine market |
Future Prospects | Discover BTDR's foray into AI and high-performance computing, with analyst price targets ranging from $13 to $15, despite projected EPS decline to $(0.27) by 2025 |
Metrics to compare | BTDR | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipBTDRPeersSector | |
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P/E Ratio | −37.7x | −3.6x | 11.4x | |
PEG Ratio | 0.00 | −0.03 | 0.01 | |
Price/Book | 5.2x | 2.9x | 2.4x | |
Price / LTM Sales | 6.9x | 6.6x | 2.1x | |
Upside (Analyst Target) | 29.7% | 35.3% | 26.6% | |
Fair Value Upside | Unlock | 2.3% | 6.1% | Unlock |