Bitdeer Technologies Group - Ordinary Shares (BTDR)

SINGAPORE, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (“Bitdeer” or the “Company”) (Nasdaq: BTDR), a world-leading technology company for blockchain and high-performance computing, today announced that it has conducted share repurchase for a total amount of approximately US$9.0 million on February 27, 2025, fully utilizing its US$10,000,000 share repurchase program approved in September 2024. The board of directors of the Company has approved a new share repurchase program to repurchase up to additional US$20,000,000 worth of its Class A ordinary shares (“Shares”), effective from February 28, 2025 through February 28, 2026.

SINGAPORE, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQBTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today released its unaudited financial results for the fourth quarter ended December 31, 2024.

- First trial batch of SEALMINER A2 air cooled rigs have been delivered to our datacenters and are running smoothly.

SINGAPORE, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQBTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced that it has scheduled its fourth quarter and full year 2024 earnings conference call and webcast for Tuesday, February 25, 2025 at 8:00 AM EST. During the call, Bitdeer management will discuss the preliminary and unaudited financial and operational results for the quarter and year ended December 31, 2024, followed by a question-and-answer session.

SINGAPORE, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQBTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced the successful close of the acquisition of a fully licensed and permitted 101 MW site and gas-fired power project situated on 19 acres of land near Fox Creek, Alberta in an all-cash transaction for $21.7 million. The site has potential to scale to 1 GW of power, reflecting Alberta’s abundant energy resources, supportive regulatory posture and pro-business environment.

- Production of approximately 35 EH/s of SEALMINER A2s through Q3 2025 remains on track.- ~7 EH/s of SEALMINER A2s allocated for external sale have been ordered by customers, including the full receipt of related down payments.- SEAL03 sample wafers with an anticipated chip efficiency of 10 J/TH expected in Q1 2025.- SEAL04 R&D remains on track to achieve industry leading efficiency of 5 J/TH with anticipated initial tape-out in Q3 2025.

- Anticipated ~35 EH/s of SEALMINER A2 Mass Production through Q3 2025

SINGAPORE, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced the pricing of US$360.0 million principal amount of 5.25% Convertible Senior Notes due 2029 (the “notes”) in a private placement (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company has also granted the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional US$40.0 million principal amount of the notes. The sale of the notes is expected to close on November 26, 2024, subject to customary closing conditions.

SINGAPORE, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced that it intends to offer, subject to market conditions and other factors, US$360.0 million principal amount of Convertible Senior Notes due 2029 (the “notes”) in a private placement (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company also intends to grant the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional US$40.0 million principal amount of notes.

SINGAPORE, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQBTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today released its unaudited financial and operational results for the third quarter ended September 30, 2024.

- Launched SEALMINER A2 air and hydro-cooling models with 226 TH/s and 446 TH/s, respectively, and 16.5 J/TH efficiency- Anticipated near-term mass production of approximately 21.7 EH/s of SEALMINER A1 and A2

With a power efficiency ratio of only 16.5J/TH, its air-cooling and hydro-cooling mining machines boast a hashrate of 226TH/s and 446TH/s respectively

SINGAPORE, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQBTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced that it has scheduled its third quarter 2024 earnings conference call and webcast for Monday, November 18, 2024 at 8:00 AM EST. During the call, Bitdeer management will discuss the unaudited financial and operational results for the quarter ended September 30, 2024, followed by a question and answer session.

SINGAPORE, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQBTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for September 2024.

Initial prototype tests indicate an exceptional power efficiency ratio of 13.5 J/TH

SINGAPORE, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQBTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for August 2024.

SINGAPORE, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced the pricing of its underwritten public offering (the “Offering”) of US$150,000,000 aggregate principal amount of 8.50% convertible senior notes due 2029 (the “Notes”). The sale of the Notes is expected to close on August 20, 2024, subject to customary closing conditions. The Company also granted the underwriters in the Offering a 30-day option to purchase up to an additional US$22,500,000 aggregate principal amount of Notes on the same terms and conditions, solely to cover over-allotments.

SINGAPORE, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced a proposed registered underwritten public offering (the “Offering”) by the Company of US$150,000,000 aggregate principal amount of its convertible senior notes due 2029 (the “Notes”), subject to market and other conditions. The Company also intends to grant the underwriters in the Offering a 30-day option to purchase up to an additional US$22,500,000 aggregate principal amount of Notes on the same terms and conditions, solely to cover over-allotments.

SINGAPORE, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Bitdeer AI, part of Bitdeer Technologies Group (NASDAQBTDR), a leading AI Cloud service provider, has announced the launch of its advanced AI Training Platform, designed to provide fast and scalable AI/ML inference with serverless GPU infrastructure. With the newest AI Training Platform, Bitdeer AI becomes one of the first NVIDIA Cloud Service Providers (CSP) in Asia to offer both cloud service and an AI training platform.

SINGAPORE, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQBTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today issued a letter to shareholders along with its unaudited financial and operational results for the second quarter ended June 30, 2024.

- Engaged TLM Group, a leading consultant in HPC/AI datacenter engineering and construction, to accelerate monetization of Bitdeer’s 2.5 GW power portfolio- Remains on track to deploy 3.4 EH/s of SEALMINER ASICs for self-mining by year-end

- Significant increase in global contracted power capacity to 2.5 GW- Initial sample shipments of Sealminer A1 ASICs installed and energized at Bitdeer sites- Completed tape-out of SEAL02 chip targeting 14 J/TH- On track to deploy 3.4 EH/s of Sealminer ASICs in Q4 2024

SINGAPORE, June 28, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, is pleased to announce that the Company has entered into a lease agreement with the Monroe County Port Authority (MCPA) to secure up to 570 MW of additional power capacity. This strategic partnership significantly increases Bitdeer’s total capacity to 2.5 GW globally and strengthens Bitdeer’s infrastructure development pipeline for Bitcoin mining and high-performance computing (HPC) and AI.

SINGAPORE, June 18, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced its management will participate in the 16th Annual CEO Investor Summit 2024, to be held on Wednesday, July 10th at the St. Regis Hotel, San Francisco, CA.

Expects to mass produce innovative ultra efficient 5J/TH chips by Q4 2025 with investments in R&D