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Bitdeer Technologies Updates on Production and Infrastructure Expansion
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Bitdeer Technologies Updates on Production and Infrastructure Expansion

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The latest announcement is out from Bitdeer Technologies ( (BTDR) ).

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Bitdeer Technologies announced its December 2024 production and operations update, highlighting its progress in mining rig manufacturing and infrastructure development. The company is on track with the production of SEALMINER A1 and A2 mining rigs and is preparing for the release of SEALMINER A3 and A4 in 2025. Bitdeer is also advancing several infrastructure projects, including expansions in Norway and the USA, which are expected to significantly increase their power capacity. These developments position Bitdeer to enhance its industry standing and expand its service offerings, benefiting both the company and its stakeholders.

More about Bitdeer Technologies

Bitdeer Technologies Group is a leading technology company specializing in blockchain and high-performance computing. The company is involved in cryptocurrency mining, mining rig manufacturing, and providing AI cloud services, with a focus on expanding its position in the multi-billion dollar ASICs market.

YTD Price Performance: -13.84%

Average Trading Volume: 7,138,263

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.25B

See more insights into BTDR stock on TipRanks’ Stock Analysis page.

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