---
title: "BTDR Bitdeer Technologies"
canonical: "https://supercyclehq.com/stock/bitdeer-technologies"
type: "stock"
dataAsOf: "2026-11-02"
ticker: "BTDR"
license: "Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."
disclaimer: "Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI."
---

# Bitdeer Technologies (BTDR)

Bitdeer Technologies is a compute infrastructure company built around bitcoin mining.

## AI Exposure Score

**45/100, Growing.** Bitdeer runs a real but small NVIDIA GPU cloud and can convert parts of its large global power portfolio to AI hosting. The thesis depends on executing that conversion, since mining and related services still produce most revenue.

## Quote

| Field | Value |
| --- | --- |
| Price (EOD close) | $6.17 |
| Change 1d | -8.05% |
| Change 7d | -12.91% |
| Change 30d | -44.01% |
| Change 1y | -73.00% |
| 52-week high | $22.85 |
| 52-week low | $6.17 |
| Market cap | $1.7B |
| P/E | n/a |
| EPS | $-2.59 |
| Next earnings | 2026-11-10 |

Quote as of 2026-11-02.

## Company

| Field | Value |
| --- | --- |
| Exchange | NASDAQ |
| Sector | Technology |
| Headquarters | Singapore |
| CEO | Jihan Wu |
| Employees | 471 |
| Website | https://www.bitdeer.com |
| Buildout layers | [Neoclouds](https://supercyclehq.com/category/neoclouds), [Data Centers & Hardware](https://supercyclehq.com/category/data-centers) |

## What the company does

Bitdeer Technologies is a compute infrastructure company built around bitcoin mining. It earns revenue from mining on its own account, hosting machines for others, selling cloud hash rate, and designing SEALMINER mining hardware, running one of the larger self-mining fleets in the industry.

Its AI arm, Bitdeer AI, operates NVIDIA GPU clusters and sells cloud services for training and inference. The bigger opportunity is the power portfolio: Bitdeer controls gigawatt-scale capacity across sites in North America, Europe, and Asia, including Texas, Norway, and Bhutan, and is converting portions of it to HPC and AI hosting.

Founded in 2021 after separating from Bitmain, the company is headquartered in Singapore, employs about 470 people, and trades on the Nasdaq. Founder Jihan Wu, who co-founded Bitmain, leads the strategy.

## Role in the AI buildout

Bitdeer sits in the Neoclouds layer through Bitdeer AI, its GPU cloud, and in the Data Centers layer through a gigawatt-scale global power portfolio it can convert to AI hosting. Like other miners turned infrastructure players, its value to the buildout is energized sites: land, substations, and power contracts that can host GPUs faster than greenfield builds. Execution on that conversion, not mining, determines how deep its AI exposure becomes.

## Tracked investors holding it (13F)

| Investor | Fund | Position value | Portfolio % | Change | Period |
| --- | --- | --- | --- | --- | --- |
| [Stephen Mandel](https://supercyclehq.com/investors/stephen-mandel) | Lone Pine Capital | $111.4M | 0.68% | new | 2026-06-30 |
| [Stanley Druckenmiller](https://supercyclehq.com/investors/stanley-druckenmiller) | Duquesne Family Office | $64.7M | 1.49% | new | 2026-06-30 |

## FAQ

### What does Bitdeer Technologies do?

Bitdeer mines bitcoin, hosts mining machines for customers, sells cloud hash rate, and designs SEALMINER mining hardware. It is also building an AI cloud business, Bitdeer AI, that rents NVIDIA GPU clusters for training and inference workloads.

### How is Bitdeer Technologies exposed to AI?

Bitdeer AI sells GPU cloud services, and the company is converting parts of its gigawatt-scale power portfolio to AI and HPC hosting. Supercycle rates it Growing with an AI Exposure Score of 45 out of 100, since mining still generates most revenue.

### Where does Bitdeer operate?

Bitdeer runs data centers across North America, Europe, and Asia, including large sites in Texas, Norway, and Bhutan. This global power portfolio is the foundation for its planned expansion into AI and high performance computing hosting.

### Who leads Bitdeer Technologies?

Jihan Wu, co-founder of mining hardware maker Bitmain, leads Bitdeer as chief executive. The company separated from Bitmain in 2021, is headquartered in Singapore, and employs about 470 people worldwide.

### Is BTDR a pure play AI stock?

No. Supercycle classifies BTDR as Growing with a score of 45 out of 100. Its AI cloud revenue is real but small, and bitcoin mining and related services still generate most of the business.

---

Source: https://supercyclehq.com/stock/bitdeer-technologies. Data as of 2026-11-02. Prices are end-of-day closes, never live.

Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.

Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset.