Why Bitdeer Technologies Inc. (BTDR) Soared On Thursday
From Yahoo Finance: 2025-05-01 20:12:00
On Thursday, Bitdeer Technologies Inc. (BTDR) saw a 6.37% increase in stock price, closing at $10.18, ahead of announcing its Q1 earnings in the following week. Investment firm B. Riley anticipates earnings of 5 cents per share for the quarter and 29 cents for 2025. BTDR also received a $200 million credit line from Matrixport to support its ASIC manufacturing efforts, with $43 million already drawn. The company ranks 10th in top performers on Thursday, but AI stocks may offer higher returns in a shorter time frame.
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