Bitdeer Technologies Group - Ordinary Shares (BTDR)

U.S. futures were higher on Wednesday as oil futures tumbled after Donald Trump called for an "Unconditional Surrender" by Iran late Tuesday.

Bitdeer Technologies Group (NASDAQ:BTDR) shares are trading lower in Tuesday’s after-hours session after the company announced a proposed private placement of

The company also expanded global operations, advanced SEALMINER tech, and paused an Ohio project to explore AI.

The company’s quarterly revenue plunged 41%, with a stark reduction in the number of Bitcoins mined and average miner efficiency.

Top mid-cap performers in last week: Pony AI Inc. (+72.4%), Dave Inc. (+59.68%), Sezzle Inc. (+56.29%), Coeur Mining Inc. (+57.65%), D-Wave Quantum Inc. (+40.20%), Lyft Inc. (+31.62%), Oscar Health Inc. (+29.62%), Bitdeer Technologies Group (+28.71%), Sunrun Inc. (+28.67%).

Top mid-cap stock performers last week: Ascentage Pharma, Ardagh Metal, Bitdeer Tech, Pegasystems, Impinj, Lufax, Tempus AI, Kymera Therapeutics.

Analyst expects 20% increase in materials costs for HPC capex & US bitcoin mining. Manufacturers may eat tariffs but operate on thin margins.

The brokerage underscores that the fall in Bitcoin has resulted in certain Bitdeer customers delaying their payments.

The company attributed the drop to the shorter month, a trend observed across the industry, including Bitcoin mining peers Marathon Digital, Core Scientific, and Riot Platforms.

Bitdeer Technologies Group (NASDAQ:BTDR) shares are moving lower on Monday after the company completed testing of its Bitcoin (CRYPTO: BTC) mining chip, SEAL03.

This article covers four blockchain-related stocks that are seeing a slump in share price during the Bitcoin sell-off beyond Coinbase.