Jones Trading has initiated coverage on Bitdeer Technologies Group (BTDR) with a Buy rating, marking the firm's first assessment of the company. This decision reflects their analysis of Bitdeer's investment potential within the cryptocurrency mining industry.
Bitdeer Technologies Group, headquartered in Singapore, engages in various facets of cryptocurrency mining, including self-mining, hash rate sharing, and hosting services. The company, which went public on July 28, 2021, employs 246 full-time staff and has a market capitalization of $2.4 billion. Its latest earnings performance shows an EPS of -3.48 (TTM).
Upcoming earnings reports are scheduled for February 23, 2026, and May 13, 2026, with estimated EPS of $0.04 and $0.14, respectively. The recent earnings history reveals a mixed performance, including a Q3 2025 EPS of -0.19, which was below the estimate of -0.17.
Analyst ratings serve as professional evaluations based on extensive research and financial modeling. While they provide valuable insights, they are based on assumptions that may not always hold true. Therefore, investment decisions should take into account a range of factors, including company fundamentals and market trends. As of November 1, 2025, the analyst consensus for Bitdeer is a Buy, with 3 Strong Buy, 15 Buy, and 1 Hold ratings among 19 analysts.
The move underscores the growing interest in Bitdeer's innovative solutions in the cryptocurrency sector, particularly as the company adapts to evolving market demands.