How to Buy Bitdeer Technologies Group Stock
Bitdeer Technologies Group
Bitdeer Technologies Group operates as a technology company for the cryptocurrency mining community.
Bitdeer Technologies Group stock last closed at $7.62, up 3.25% from the previous day, and has increased 37.55% in one year. It has overperformed other stocks in the Software - Application industry by 0.49 percentage points. Bitdeer Technologies Group stock is currently +45.14% from its 52-week low of $5.25, and -71.77% from its 52-week high of $26.99.
At the moment, there are 165.43M shares of BTDR outstanding. The market capitalization of BTDR is $1.26B. In the past 24 hours, 2.95M 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.
Our favorite brokerage: eToro
In our opinion, eToro is the best stock brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to world financial markets: From Tech to Energy, New York to London (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's leading exchanges.
- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro now. This offer is only for US users.
Open eToro AccountStep 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.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open a new brokerage account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have finished signing up on the stocks app, you need to deposit funds:
Watch the tutorial below if you need help transferring funds into your new brokerage account.
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 Due Diligence Checks
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on BTDR's stock page.
Is BTDR stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge BTDR's true value.
Using relative valuations ratios:
- BTDR could be undervalued based on its P/B ratio of 4.56x, relative to Software - Application industry P/B ratio of 6.37x
You can do additional valuation analysis on BTDR's stock here.
BTDR Financial Health Overview
Failed Health Checks:
- BTDR profit margin has gone down from -15.4% to -171.3% in the past year.
- BTDR has a relatively high debt to equity ratio of 4.63.
Is it a good time to buy Bitdeer Technologies Group stock, according to Wall Street analysts?
Out of 7 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
Mike Grondahl, a bottom 4% analyst from Northland Securities maintains BTDR with a buy rating and raises their BTDR price target from $20.00 to $24.00, on Jan 10, 2025.
Lucas Pipes, a bottom 8% analyst from B. Riley Securities maintains BTDR with a strong buy rating and raises their BTDR price target from $15.00 to $24.00, on Dec 19, 2024.
B. Riley Securities's Lucas Pipes raised their price target on Bitdeer Technologies Group (NASDAQ: BTDR) by 60% from $15 to $24 on 2024/12/19. The analyst maintained their Strong Buy rating on the stock.
Contextualizing their price target hike on Bitdeer Technologies Group, Pipes made the following points:
- As of 2024/12/14, Bitcoin is up in value by ~53% since Election Day after reaching an all-time high above $107K.
- During the same period, the global hash rate has risen by 11%, peaking at ~890 EH/s for a brief period.
- In its 2024/11 update, Bitdeer Technologies Group noted that A2 production targets have nearly doubled from 18 EH/s to 35 EH/s and that the company has 7 EH/s committed to third parties.
- However, the company has not provided explicit guidance beyond what could be used for self-mining versus third-party sales.
You can dive deeper into what analysts are forecasting on the Bitdeer Technologies Group stock forecast page.
BTDR Trading Indicators
BTDR Earnings
Last year, BTDR revenue was $349.78M. Over the past 5 year, BTDR's revenue has increased by 31.55% per year. This was faster than the Software - Application industry average of 21.47%.
Dive into BTDR's earnings and revenue performance here.
Are BTDR insiders buying or selling the stock?
Over the last year, insiders at BTDR have not bought or sold any shares.
Dig into more about who owns BTDR shares here.
Does BTDR provide a stable income stream?
No, Bitdeer Technologies Group doesn't provide an income stream by paying out dividends.
What others are saying about BTDR
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
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.
If you require additional info about investing in stocks on eToro, click the helpful video below:
Step 6: Get updates on your investment in BTDR
Now that you own some shares in BTDR, you'll want to keep up with your new company.
Add BTDR to a watchlist to see the latest developments about your BTDR stock.
BTDR Feed
How to Buy Stock in Bitdeer Technologies Group
To summarize, here are the 6 steps you need to take to buy Bitdeer Technologies Group stock right now:
- Choose where to buy Bitdeer Technologies Group stock
- Sign up for a brokerage account
- Fund your brokerage account
- Evaluate Bitdeer Technologies Group stock
- Make your BTDR buy order
- Get updates on your investment in BTDR
If you are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep track of your investment in Bitdeer Technologies Group, click the button below.
Trending "How To" Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation 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.