Bitdeer Technologies Holding Co (NASDAQ:BTDR) shares, rose in value on Wednesday, July 09, with the stock price up by 2.29% to the previous day’s close as strong demand from buyers drove the stock to $12.97.
Actively observing the price movement in the last trading, the stock closed the session at $12.68, falling within a range of $12.16 and $13.0377. The value of beta (5-year monthly) was 2.325. Referring to stock’s 52-week performance, its high was $26.99, and the low was $5.40. On the whole, BTDR has fluctuated by -7.29% over the past month.
With the market capitalization of Bitdeer Technologies Holding Co currently standing at about $2.55 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-15.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 500.98M, with a low estimate of 71.22M and a high estimate of 107.38M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 89.61M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BTDR’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the price of BTDR currently trading nearly 5.12% and 1.27% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.34, while the 7-day volatility ratio is showing 9.95% which for the 30-day chart, stands at 6.98%. Furthermore, Bitdeer Technologies Holding Co (BTDR)’s beta value is 2.22.
A comparison of Bitdeer Technologies Holding Co (BTDR) with its peers suggests the former has fared considerably weaker in the market. BTDR showed an intraday change of 2.29% in last session, and over the past year, it shrunk by -40.15%%.
Data on historical trading for Bitdeer Technologies Holding Co (NASDAQ:BTDR) indicates that the trading volumes over the past 10 days have averaged 6.48 and over the past 3 months, they’ve averaged 5.17 million. According to company’s latest data on outstanding shares, there are 129.03 million shares outstanding.
Nearly 57.80% of Bitdeer Technologies Holding Co’s shares belong to company insiders and institutional investors own 15.69% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 22.02 million shares as on 2025-06-13, resulting in a short ratio of 5.22. According to the data, the short interest in Bitdeer Technologies Holding Co (BTDR) stood at 2226.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 23.44 million. The stock has risen by 12.39% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BTDR stock heading into the next quarter.