Bitdeer

Bitdeer

Markets

Bitdeer sold all its bitcoin to fund its move into AI data centers

Singapore based BTC and AI miner sells all holdings to build liquidity for expansion, signaling a broader shift in capital strategy across the sector.

Racks of mining machines.

Finance

Bitcoin miner Bitdeer tumbles 17% as $300 million convertible note offering spurs dilution fears

The Singapore-based bitcoin miner and AI data center firm is raising capital to repurchase notes and fund expansion.

Bitdeer (Credit: Bitdeer)

Markets

Bitcoin miners HIVE, Bitfarm and Bitdeer downgraded as analyst warns on AI shift

KBW's Stephen Glagola said that turning business models toward AI and HPC may take longer to pay off than the market expects.

Bitcoin mining machines (Shutterstock, modified by CoinDesk)

Markets

Bitdeer Fell 20% on Wider-Than-Estimated Net Loss, ASIC Chip Delay

The bitcoin miner and equipment maker beat revenue estimates but posted a deeper-than-expected loss and announced an ASIC delay amid uncertain AI rollout.

Bitdeer Share Price (TradingView)

Markets

Bitcoin Miner Bitdeer's AI Pivot Earns Price Target Hike at Benchmark

The company's move to bring data center development in-house strengthens its AI and mining strategy, and accelerates monetization, said analyst Mark Palmer

Bitcoin mining machines (Shutterstock, modified by CoinDesk)

Markets

Crypto Miner Bitdeer Surges 30% as Company Pushes Deeper Into AI and Data Center Expansion

The firm said it sees a "sustained imbalance" between demand and supply of AI computing power, and projected to generate up to $2 billion annually from AI operations.

(Bitdeer Group)

Markets

Bitdeer Raises $330M Via Convertible Note Sale

The deal secures 4.875% in five-year debt with a 44% conversion premium.

Bitdeer (Credit: Bitdeer)

Markets

Bitdeer Ramps Up Self-Mining Capacity, Ships 1.6 EH/s of SEALMINER A2s in May

Bitdeer boosts its BTC production while expanding its global infrastructure.

Bitdeer (Credit: Bitdeer)

Markets

Tether Raises Bitdeer Stake to 21%: SEC Filing

The USDT issuer first bought a stake in the bitcoin mining company in May 2024.

Tether CEO Paolo Ardoino (Tether)

Tech

How Bitdeer Is Transforming Bitcoin Mining Machines

The Singapore-based miner has big plans to shake up ASICs with a new design and a greater commitment to transparency.

Bitdeer (Credit: Bitdeer)