Bitdeer Technologies Holding Company

Bitdeer Technologies Group is a cryptocurrency mining and technology company incorporated in the Cayman Islands and listed on the Nasdaq Capital Market under the ticker BTDR. The company operates across seven reportable business segments: self-mining (using its own SEALMINER rigs in proprietary and third-party datacenters), co-mining (deploying owned rigs in third-party datacenters under shared arrangements), AI cloud services offering high-performance GPU computing, cloud hash rate subscription plans, general hosting and membership hosting for third-party miners, and sale of mining rigs and accessories. Bitdeer develops proprietary application-specific integrated circuit (ASIC) chips for Bitcoin mining and manufactures its own SEALMINER mining rigs. The company operates datacenters across the United States, Bhutan, Norway, Malaysia, Ethiopia, Singapore, and Canada, with approximately 3.0 GW of total power capacity across its global site portfolio. The company has been rapidly scaling its self-mining operations, with average self-mining hash rate reaching approximately 66.4 EH/s in H1 2026 compared to 12.0 EH/s a year earlier, while simultaneously building out AI cloud infrastructure and pivoting its Norway datacenter campus from mining to AI colocation. Bitdeer maintains significant related-party financing arrangements with BIT Group (formerly Matrixport Group), which serves as custodian for substantially all of the company's digital assets. The company has a complex capital structure involving four tranches of convertible senior notes totaling over $1.2 billion, related-party borrowings exceeding $600 million, and a dual-class share structure with Class A (1 vote) and Class V (10 votes) ordinary shares. In August 2026, the company signed a landmark colocation lease valued at approximately $4.7 billion over 16 years at its Tydal, Norway campus, signaling a strategic shift toward large-scale AI datacenter hosting. Updated Sep 29, 2026