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Bitdeer Technologies Expands Operations and Infrastructure in January 2025

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Bitdeer Technologies Expands Operations and Infrastructure in January 2025

Bitdeer Technologies ( (BTDR) ) has provided an announcement.

In January 2025, Bitdeer Technologies announced several key updates to its operations. The company delivered its first trial batch of SEALMINER A2 air-cooled rigs to its data centers and completed the acquisition of a 101 MW site and gas-fired power plant in Alberta, marking a significant step towards becoming a fully vertically-integrated Bitcoin miner. Production of SEALMINER A1 rigs is on track, while the A2 models experienced a slight delay due to an earthquake in Taiwan. Additionally, Bitdeer is expanding its infrastructure in Norway, Texas, and Bhutan, and successfully secured a $17M supply chain financing facility.

More about Bitdeer Technologies

Bitdeer Technologies Group is a leading technology company in the blockchain and high-performance computing industry, focusing on Bitcoin mining and infrastructure development. The company is known for its SEALMINER mining rigs and aims to create fully vertically-integrated Bitcoin mining operations.

YTD Price Performance: -31.53%

Average Trading Volume: 8,571,231

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.35B

Learn more about BTDR stock on TipRanks’ Stock Analysis page.

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