Bitdeer Technologies ( (BTDR) ) has shared an update.
Bitdeer Technologies Group announced a new US$20 million share repurchase program effective from February 28, 2025, through February 28, 2026, following the full utilization of a previous US$10 million program. The company aims to repurchase shares through various methods, intending to minimize impact on share price and enhance long-term shareholder returns. The board will periodically review the program, which will be funded from existing cash reserves.
More about Bitdeer Technologies
Bitdeer Technologies Group is a world-leading technology company specializing in blockchain and high-performance computing. The company provides comprehensive computing solutions, including equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations. Bitdeer also offers advanced cloud capabilities for customers with high demand for artificial intelligence. Headquartered in Singapore, Bitdeer has deployed datacenters in the United States, Norway, and Bhutan.
YTD Price Performance: -52.38%
Average Trading Volume: 8,679,285
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.1B
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