Executive Summary
Generated July 30, 2026
Cloud Computing
Bitdeer Technologies Group
Strategic importance is our editorial rating of how central this entity is to the technology landscape we track; confidence reflects how well-sourced and current the underlying evidence is.
0
Chokepoint Score
no direct dependencies recorded in the graph
Steady
Momentum
insider filing activity unchanged since last check
Headquarters
Singapore
Website
Employees
800 (2026, approximate)
Founded
2018
Listing
BTDR · NASDAQ
Market Cap
$2.50B
Revenue (TTM)
$739.05M
Price
USD10.28 (-17.63%)
Market data as of Jul 29, 2026, 11:25 AM · Source: Yahoo Finance (delayed). Not investment advice.
Overview
Bitdeer Technologies Group is a Singapore-based bitcoin mining and data center company converting existing mining sites into HPC and AI co-location facilities, including a Tydal, Norway AI data center conversion targeted for completion around the end of 2026 and a Wenatchee, Washington AI data center targeted for Q4 2026. Q1 2026 revenue surged 170% year-over-year to $188.9 million on a 500% increase in bitcoin mining production and rapid AI cloud growth, though the company swung to a $159.5 million net loss; its AI Cloud business reached roughly $69 million in annualized recurring revenue by April 2026.
Strategic Connections
- Data Center Power & Cooling: Bitdeer is converting bitcoin mining sites, including in Tydal, Norway and Wenatchee, Washington, into HPC/AI co-location data centers targeted for completion in 2026.
- CleanSpark: Bitdeer competes with CleanSpark as both bitcoin miners reposition existing sites toward AI/HPC data center tenancy.
Strategic Risks
- Bitcoin mining economics still represent a significant portion of the business even as AI conversion progresses
Future Outlook
- Site-by-site conversion of mining infrastructure into AI/HPC data centers targeted through 2026 and beyond
Sources
3 sources, 52% average source confidence — full citations in the Full Analyst Report.
Generated by InsightNodes — Technology Intelligence Platform. This report reflects sourced, evidence-backed information as of the dates cited above and is not investment advice.
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