Why Bitdeer Technologies Group (BTDR) Skyrocketed This Week
From Yahoo Finance: 2025-05-10 09:44:00
The stock market saw a slight dip as investors prepared for US-China trade negotiations. Dow Jones down 0.16%, S&P 500 down 0.47%, Nasdaq down 0.27%. 10 companies defied the trend with significant gains. Criteria for selection: $2B market cap, $5M trading volume, highest percentage increase in closing prices.
Bitdeer Technologies Group (BTDR) surged 28.71% to $14.12, up from $10.97 last week. Investors flocked to the stock after increased Bitcoin production last month. 166 Bitcoins mined in April, up 45.6% from March but down 37% from April last year. BTDR to announce Q1 results on May 18, expected to earn 5 cents/share.
BTDR’s rise places it 7th on the list of top-performing stocks this week. While BTDR shows promise, AI stocks may offer better returns in a shorter timeframe. Consider exploring our report on the cheapest AI stock with potential for significant growth.
Read more at Yahoo Finance: Why Bitdeer Technologies Group (BTDR) Skyrocketed This Week