Bitdeer Technologies Group (NASDAQ:BTDR) saw a 10.28% increase in shares on Friday, closing at $19.42 per share due to a rise in Bitcoin prices and market optimism. Bitcoin price stood at $122,375, up 9% from the previous week and 1.62% from the day before.

Investors await Bitdeer Technologies’ September production results after the launch of its new Sealminer A3 series Bitcoin mining machines. The series boasts increased hash rate for large-scale mining operations, reducing power consumption and noise for miners.

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Read more at Yahoo Finance: Bitdeer (BTDR) Jumps 10% on Bitcoin Rally, Rate Cut Hopes