tiprankstipranks
Company Announcements

Bitdeer Reports Steady Mining and Tech Progress

Bitdeer Reports Steady Mining and Tech Progress

Bitdeer Technologies (BTDR) has released an update.

Bitdeer Technologies Group, a leader in blockchain and high-performance computing, has released an operations update for September 2024, highlighting the steady production of self-mined Bitcoin and advancements in their mining technology, including the SEALMINER A1 and SEAL02 chip. The company also reported on infrastructure progress at various global sites, with several construction milestones achieved and energization timelines set. Bitdeer’s AI cloud services continue to show high utilization, and they are expanding their high-performance computing resources with new pilot capacities and platform launches.

For further insights into BTDR stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App