
BTDR Stock Forecast & Price Target
BTDR Analyst Ratings
Bulls say
Bitdeer Technologies Group is projected to significantly increase its self-mining hash rate from 8.7 EH/s to approximately 40 EH/s by the end of 2025, driven by energy-efficient SEALMINER A1 and A2 rigs. The company is focusing on maximizing its Bitcoin mining capacity, which should enhance its operational scale and reduce power costs, while it also holds a growing Bitcoin reserve, increasing from 724 to 1,039 Bitcoins in just one month. Furthermore, management's strategic emphasis on accelerating ASIC chip production and the potential for increased wafer allocation from TSMC could further bolster Bitdeer’s market position and operational efficiency.
Bears say
Bitdeer Technologies has faced significant challenges, as evidenced by a share price decline of over 28% amid a broader downturn in crypto-related stocks. The company's fourth-quarter revenue fell approximately 10% year-over-year, primarily due to a 42% decrease in aggregate hosting revenues, despite a notable 22% increase in self-mining revenue driven by higher Bitcoin prices. Additionally, the reliance on multi-year contracts for hosting may restrict Bitdeer's ability to pivot towards self-mining or other more lucrative ventures, ultimately increasing competitive risks in an unstable cryptocurrency market.
This aggregate rating is based on analysts' research of Bitdeer Technologies Group and is not a guaranteed prediction by Public.com or investment advice.
BTDR Analyst Forecast & Price Prediction
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