BTDRBitdeer Technologies Group
Is it safe?
Mostly sound, with a caveat: insiders buying, but heavy debt (BB) and big price swings.
Insiders were net buyers (+$447K, 90 days to Oct 8, 2026). SEC Form 4 filings: officers and directors must report their own trades within two business days.
Net cash, but unprofitable, speculative. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -80% · now 63% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can BTDR take a bad year?
Bitdeer Technologies Group holds $152M more cash than debt, and is burning $185M a quarter, about 0.8 years of cover.
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Cash runway
- 0.8 years
Cash runway · burning $185M a quarter at the current rate
- Annualised volatility
- 111%
Annualised volatility · three times the market's own swing
Details›
- Total debtFY2024
- $416M
- Cash and short-term investments
- $568M
- Net cash
- $152M
- EBITDA, trailing twelve months
- −$509M
- Operating profit, trailing twelve months
- −$590M
- Debt / equity
- 1.50×
- Annualised volatilitytwo years of daily moves
- 111%
- Worst drawdown on file
- −80%
- Below its 52-week high
- 63%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Software, Application
Ranks #63 of 96 by RyuScore