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Here’s Why Bitdeer Technologies (BTDR) is down 45% This Year

Bitdeer Technologies Group (NASDAQ:BTDR) is one of the 11 Best Tech Stocks to Buy On the Dip. The company’s strategy relies on vertical integration and its proprietary SEALMINER mining rigs, which are designed and produced in-house. Analysts believe this sets Bitdeer Technologies Group (NASDAQ:BTDR) apart from many competitors and allows the company to exercise greater control over efficiency and innovation.

However, despite this strategic edge, the stock has been down around 45% on a year-to-date basis, mainly due to significant financial strain in Q1 2025. The company’s revenue fell sharply to $70.1 million from $119.5 million a year ago. Moreover, the cost of revenue exceeded quarterly revenue and came in at $73.4 million, thereby impacting the gross profits, which came in at a negative $3.2 million versus a positive gross profit of $34.1 million last year.

A construction team in a mining datacenter building work site with plans and equipment in hand.

Management of Bitdeer Technologies Group (NASDAQ:BTDR) remains committed to executing its SEALMINER roadmap strategy. Matt Kong, Chief Business Officer at Bitdeer noted that they have energized 3.7 EH/s and 0.5 EH/s of SEALMINER A1 and SEALMINER A2. This brought the company’s self-mining hash rate to 12.4 EH/s by the end of April. The company is targeting a self-mining hash rate of 40 EH/s by October 2025.

On June 11, Bitdeer Technologies Group (NASDAQ:BTDR) released its May 2025 operational updates. The company self-mined 196 Bitcoins, reflecting an 18.1% increase from April 2025 driven by a higher average self-mining hash rate from the energization of SEALMINERs. “In May 2025, we continued to deploy our SEALMINER mining rigs to our sites in Texas, the US, Norway, and Bhutan, bringing Bitdeer’s self-mining hash rate to 13.6 EH/s at the end of May,” said Matt Kong.

Bitdeer Technologies Group (NASDAQ:BTDR) is a blockchain technology company that provides comprehensive computing solutions related to cryptocurrency mining. The company manages the entire process of bitcoin mining and operates through three main segments including self-mining, hash rate sharing, and hosting services.

While we acknowledge the potential of BTDR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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