Bitdeer Technologies Group operates as a technology company for the cryptocurrency mining community.
Bitdeer Technologies Group stock last closed at $6.71, up 0.9% from the previous day, and has decreased 3.03% in one year. It has underperformed other stocks in the Software - Application industry by 0.28 percentage points. Bitdeer Technologies Group stock is currently +142.24% from its 52-week low of $2.77, and -54.2% from its 52-week high of $14.65.
At the moment, there are 111.97M shares of BTDR outstanding. The market capitalization of BTDR is $751.29M. In the past 24 hours, 954,586 BTDR shares were traded.
How to Buy Bitdeer Technologies Group Stock
Not sure how to invest in Bitdeer Technologies Group stock? Here's how.
Choose where to buy Bitdeer Technologies Group stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Bitdeer Technologies Group stock.
Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
Fund your brokerage account: Select your method of payment and add your details.
Evaluate Bitdeer Technologies Group stock: The Bitdeer Technologies Group ticker symbol is BTDR. Is Bitdeer Technologies Group stock a good investment? Should you buy shares of BTDR? How do BTDR's underlying business fundamentals look? Do top analysts think Bitdeer Technologies Group is a good buy? Why has BTDR's stock price moved recently? (Hint: Our stock analysis website can help you figure out if BTDR is a good stock to buy).
Make your BTDR buy order: Decide if you will purchase BTDR shares at the current market price or use a limit order to purchase BTDR shares at a specific price.
Get updates on your investment in BTDR: Create a watchlist to the latest updates on your new investment in Bitdeer Technologies Group shares.
Step 1: Choose where to buy Bitdeer Technologies Group stock
You need a brokerage account to access the NASDAQ market and buy BTDR shares.
A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Sign up for a brokerage account
Now that you've selected the right brokerage, you need to fill out some personal details so you can invest in BTDR stock today.
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Step 4: Evaluate Bitdeer Technologies Group stock
After you have identified the best place to buy Bitdeer Technologies Group stock, it's crucial to evaluate their stock prior to investing, so you can wrap your head around the risk and upside.
Bitdeer Technologies Group shares at a glance
BTDR Price
$6.71
1w %
23.8%
1y %
-3.03%
5y %
N/A
P/E
-13.16x
P/B
2.26x
P/S
2.01x
PEG
N/A
Revenue
$368.55M
Earnings
-$56.66M
Fore. Rev. Growth
32.98%
Fore. Earn. Growth
N/A
Market Cap
$751.29M
Next Earnings
N/A
Next Dividend
N/A
BTDR Due Diligence Checks
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis in minutes instead of hours.
BTDR profit margin has gone up from -18.1% to -15.4% in the past year.
Failed Health Checks:
BTDR has a relatively high debt to equity ratio of 0.92.
Is it a good time to buy Bitdeer Technologies Group stock, according to Wall Street analysts?
Out of 6 Equities analysts who give ratings on BTDR, the consensus analyst rating on Bitdeer Technologies Group is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest BTDR Analyst Ratings
Darren Aftahi, a bottom 2% analyst from Roth MKM initiates coverage on BTDR with a strong buy rating and announces their BTDR price target of $14.00, on Feb 29, 2024.
Last year, BTDR revenue was $368.55M. Over the past 4 year, BTDR's revenue has increased by 42.74% per year. This was faster than the Software - Application industry average of 27.65%.
No, Bitdeer Technologies Group doesn't provide an income stream by paying out dividends.
What others are saying about BTDR
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Step 5: Make your BTDR buy order
There are two primary options:
Market order: A market order is an order to buy or sell a security at the best possible price. Market orders are generally the best for newer investors.
Limit order: A limit order is an order to buy or sell a security at a specific price (or better). If you want to ensure you're buying or selling at a particular dollar amount, use a limit order.
Hit the Open button and your broker will execute the order.
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How much does it cost to buy one Bitdeer Technologies Group share?
As of Apr 23, 2024, it costs $6.71 to buy one share of Bitdeer Technologies Group stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.447 shares of BTDR.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.