
BTDR Stock Forecast & Price Target
BTDR Analyst Ratings
Bulls say
Bitdeer Technologies Group demonstrated significant operational improvements with its total hash rate under management reaching 49.2 EH/s, alongside a remarkable 273.1% year-over-year increase in the average self-mining hash rate, now at 29.1 EH/s. The company's revenue from self-mining surged to $130.9 million, reflecting substantial growth of 315% year-over-year, driven by the increased hash rate and favorable Bitcoin prices. Additionally, membership hosting revenue also showed strength, rising to $14.0 million, indicating continued customer demand for upgraded mining solutions, while improvements in miner efficiency further enhance the company’s operational profile.
Bears say
Bitdeer Technologies Group has experienced a significant decline in hosting revenue, which decreased to $8.4 million in the third quarter of fiscal 2025 due to the expiration of hosting contracts and the removal of less efficient mining equipment. The company's financial performance is further weakened by a negative operating cash flow of $520 million, largely attributed to high supply chain costs, mining electricity expenses, and corporate overhead. Additionally, a downturn in cryptocurrency prices, regulatory uncertainties, and impending Bitcoin halving events pose substantial risks to the company's ability to generate mining revenue and maintain profitability.
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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