BTDRBitdeer Technologies Group

$10.69

Is it safe?

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.

$152M

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
112%

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
112%
Worst drawdown on file
−80%
Below its 52-week high
−59%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.