Bitdeer Technologies Hits Day High with 7.57% Surge in Stock Price

Oct 07 2025 10:32 PM IST
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Bitdeer Technologies Group's stock surged on October 6, 2025, achieving an intraday high and reflecting a strong weekly and monthly performance. However, the company faces significant financial challenges, including substantial losses and rising raw material costs, highlighting the complexities of its market position despite recent gains.
Bitdeer Technologies Group has experienced a significant uptick in its stock performance, gaining 7.57% on October 6, 2025. The stock reached an intraday high of USD 21.23, marking a notable achievement for the small-cap company operating within the Commercial Services & Supplies sector.

Over the past week, Bitdeer has shown a robust performance with a 20.68% increase, and its one-month performance stands at an impressive 69.15%. Year-to-date, however, the stock has faced challenges, reflecting a decline of 3.6%. In contrast, the stock has delivered a remarkable 186.16% return over the past year, significantly outpacing the S&P 500's 17.82% gain during the same period.

Despite these positive short-term trends, the company has reported substantial losses, with a pre-tax profit of USD -147.93 million, indicating a decline of 839.36%. Additionally, the rising raw material costs, which have increased by 69.31% year-over-year, present ongoing challenges for the company. As Bitdeer Technologies Group continues to navigate its financial landscape, its recent stock performance highlights the volatility and complexities inherent in its market position.
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