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Bitdeer Technologies Group

BTDR Nasdaq Financial Services · Credit Services Singapore www.bitdeer.com
$10.43
Mkt Cap 2.44B
We were created as Bitdeer Technologies Holding Company in January 2021 to separate the cloud hash rate business, the self-mining business and the business of providing dynamic hosting solutions (coll…

We were created as Bitdeer Technologies Holding Company in January 2021 to separate the cloud hash rate business, the self-mining business and the business of providing dynamic hosting solutions (collectively, the Bitdeer Business ) and the mining pool business, including the ownership of and registration right to the domain name btc.com (the BTC.com Pool Business or BTC ), following a corporate reorganization of BitMain Technologies Holding Company (collectively with its subsidiaries, Bitmain ). The separation from Bitmain resulted in the transfer of certain assets, liabilities and contracts related to the Bitdeer Business and the BTC.com Pool Business at their historical book values from Bitmain to us on January 26, 2021, when Bitmain distributed by way of dividend in kind the shares of us to the then existing Bitmain shareholders and we and our subsidiaries began to operate on a stand-alone basis. In February 2021, we established Blockchain Alliance Technologies Holding Company ( Blockchain Alliance ) to separate the BTC.com Pool Business following a corporate reorganization of our group. The separation was consummated on April 15, 2021, when we distributed by way of dividend in kind the shares of Blockchain Alliance to the then existing shareholders of our group. In April 2023, the Business Combination was completed, upon which Bitdeer Technologies Group became the ultimate corporate parent of our group, and the Class A ordinary shares were listed on the Nasdaq under the symbol BTDR. Certain additional information about us is set forth in Item 4.

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REVENUE TTM
$444.4M
FCF TTM
-$1.02B
P/E RATIO
10.0x
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