In today’s recent session, 1.06 million shares of the Bitdeer Technologies Holding Co (NASDAQ:BTDR) have been traded, and its beta is 2.37. Most recently the company’s share price was $14.63, and it changed around $0.17 or 1.20% from the last close, which brings the market valuation of the company to $2.88B. BTDR at last check was trading at a discount to its 52-week high of $26.99, offering almost -84.48% off that amount. The share price’s 52-week low was $5.40, which indicates that the recent value has risen by an impressive 63.09% since then. We note from Bitdeer Technologies Holding Co’s average daily trading volume that its 10-day average is 5.4 million shares, with the 3-month average coming to 5.50 million.
Bitdeer Technologies Holding Co stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 12 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 0 recommended BTDR as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight.
Bitdeer Technologies Holding Co (NASDAQ:BTDR) trade information
Instantly BTDR has been showing a green trend so far today with a performance of 1.20% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 16.23 on recent trading dayincreased the stock’s daily price by 9.86%. The company’s shares are currently down -32.47% year-to-date, but still down -4.48% over the last five days. On the other hand, Bitdeer Technologies Holding Co (NASDAQ:BTDR) is 38.97% up in the 30-day period. We can see from the shorts that 23.8 million shares have been sold at a short interest cover period of 4.83 day(s).
The consensus price target as assigned by Wall Street analysts is $22, which translates to bulls needing to increase their stock price by 33.5% from its current value. Analyst projections state that BTDR is forecast to be at a low of $15 and a high of $29.
BTDR Dividends
Bitdeer Technologies Holding Co’s next quarterly earnings report is expected to be released on 2025-May-14.
Bitdeer Technologies Holding Co (NASDAQ:BTDR)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 41.66% of Bitdeer Technologies Holding Co shares, and 23.19% of them are in the hands of institutional investors. The stock currently has a share float of 39.75%. Bitdeer Technologies Holding Co stock is held by 144.0 institutions, with NISHKAMA CAPITAL, LLC being the largest institutional investor. By 2024-06-30, it held 0.9454% of the shares, which is about 1.2 million shares worth $12.27 million.
VIDENT ADVISORY, LLC, with 0.5453% or 0.69 million shares worth $7.08 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Valkyrie ETF Trust II-Valkyrie Bitcoin Miners ETF and Amplify ETF Trust-Amplify Transformational Data Sharing ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 1.0 shares worth $14.97 million, making up 0.90% of all outstanding shares. On the other hand, Amplify ETF Trust-Amplify Transformational Data Sharing ETF held roughly 903.66 shares worth around $13.47 million, which represents about 0.81% of the total shares outstanding.
