Bitdeer Technologies Group - Ordinary Shares (BTDR)
16.25
-0.64 (-3.79%)
Bitdeer Technologies Group is a prominent technology company focused on cryptocurrency mining and related services
It specializes in providing infrastructure and support for cryptocurrency miners, enabling them to optimize their operations and enhance efficiency. The company offers solutions such as mining hardware, hosting services, and strategic partnerships, positioning itself as a key player in the rapidly evolving blockchain and digital currency landscape. Through its innovative approach, Bitdeer aims to simplify the complexities of cryptocurrency mining and support the growth of the digital economy.
Retail sentiment has weakened across all three stocks over the past month, dragged by uncertainty surrounding U.S. crypto policy under President Donald Trump and Federal Reserve rate changes.
U.S.-listed Bitcoin (CRYPTO: BTC) miners have increased their share of the global network hashrate to approximately 29%, up by 7.8% since the Bitcoin halving earlier this year, according to a JP Morgan report.
