Bitdeer Technologies Hits Day High with Strong 10.28% Intraday Surge

Oct 06 2025 06:14 PM IST
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Bitdeer Technologies Group's stock surged on October 3, 2025, reaching an intraday high amid notable weekly and monthly gains. Despite a year-to-date decline, its one-year performance significantly outpaced the S&P 500. However, the company faces financial challenges, reporting substantial pre-tax and net losses.
Bitdeer Technologies Group has experienced a significant surge in its stock performance, gaining 10.28% on October 3, 2025. The stock reached an intraday high of USD 20.39, reflecting a strong day of trading for the small-cap company operating in the Commercial Services & Supplies sector.

Over the past week, Bitdeer has shown impressive growth, with a 19.51% increase, and a remarkable 46.46% rise over the past month. Year-to-date, however, the stock has faced challenges, showing a decline of 10.38. In contrast, its one-year performance stands out with a substantial increase of 179.63%, significantly outperforming the S&P 500, which has only risen by 17.82% in the same period.

Despite these positive short-term trends, the company has reported negative financial metrics, including a pre-tax profit of USD -147.93 million and a net profit of USD -147.73 million, indicating a challenging financial landscape. The stock's performance metrics highlight a complex situation as Bitdeer Technologies Group navigates its market position amidst fluctuating profitability.
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