# Bitdeer Technologies Group

Summary updated: 2026-10-02T11:34:40.821926Z
Canonical: https://finbar.com/research/companies/bitdeer-technologies-group

## Overview

Bitdeer Technologies Group is a Singapore-headquartered technology company operating in Bitcoin mining and digital infrastructure. Its businesses include Bitcoin self-mining, SEALMINER mining machines, cloud hash-rate services, mining-equipment hosting, and infrastructure for AI cloud computing, high-performance computing and data-center colocation. [1](https://app.finbar.com/go?id=P148065461)[2](https://app.finbar.com/go?id=P148065462)[3](https://app.finbar.com/go?id=P148065464)[4](https://app.finbar.com/go?id=P148065504)

The company has operations across the United States, Bhutan, Norway, Canada, Malaysia and Ethiopia. Its stated ambition, attributed to founder Jihan Wu, is to develop Bitdeer into a “preeminent technology enterprise.” [5](https://app.finbar.com/go?id=P155126016)[6](https://www.bitdeer.com/about-us/story)

For the year ended December 31, 2025, Bitdeer reported US$620.3 million in total net revenue and 471 full-time employees. Bitdeer Group was founded in 2020; the company later became independent in 2021 and was listed on Nasdaq in 2023. [7](https://app.finbar.com/go?id=P148065465)[8](https://app.finbar.com/go?id=P148066126)[9](https://app.finbar.com/go?id=P148065450)[10](https://app.finbar.com/go?id=P139522822)
[1](https://app.finbar.com/go?id=P148065461)[2](https://app.finbar.com/go?id=P148065462)[3](https://app.finbar.com/go?id=P148065464)[4](https://app.finbar.com/go?id=P148065504)[5](https://app.finbar.com/go?id=P155126016)[6](https://www.bitdeer.com/about-us/story)[7](https://app.finbar.com/go?id=P148065465)[8](https://app.finbar.com/go?id=P148066126)[9](https://app.finbar.com/go?id=P148065450)[10](https://app.finbar.com/go?id=P139522822)[6](https://www.bitdeer.com/about-us/story)

## Products & services

Bitdeer’s SEALMINER line comprises Bitcoin mining rigs using its proprietary SEAL ASICs. Models include the A1, A2/A2 Pro air- and hydro-cooled variants, A3/A3 Pro, and A4 Ultra. Published specifications range from the A1’s 18.1 J/TH chip efficiency to the A3 series’ 260–660 TH/s and 12.5–14 J/TH; the A4 Ultra is listed at 9.45 J/TH. [11](https://app.finbar.com/go?id=P148065476) [12](https://app.finbar.com/go?id=P148065477) [13](https://app.finbar.com/go?id=P155126106) [14](https://app.finbar.com/go?id=P155126110) [15](https://app.finbar.com/go?id=P155126114) The company also sells rigs and accessories, and offers technical and repair services and containerized mining solutions. [16](https://app.finbar.com/go?id=P148065733)

Mining-related services include self-mining, cloud hash rate and hosting. Cloud Hash Rate customers subscribe to computing power from Bitdeer rigs, direct it to a selected mining pool and receive pool payouts; capacity can be allocated in slices as small as 1 TH/s. [17](https://app.finbar.com/go?id=P148065473) [4](https://app.finbar.com/go?id=P148065504) [18](https://app.finbar.com/go?id=T16963586) [19](https://app.finbar.com/go?id=T16963587) General Hosting provides datacenter space, power, networking, security monitoring, maintenance and technical support; Membership Hosting reserves capacity and provides priority access and management services; Cloud Hosting is a retail hosting offer that includes rig operations, electricity and maintenance. [20](https://app.finbar.com/go?id=T16963553) [21](https://app.finbar.com/go?id=T16963554) [22](https://app.finbar.com/go?id=T16963555)

For AI workloads, Bitdeer’s AI cloud provides access to NVIDIA DGX SuperPOD systems using H100, H200, B200 and GB200 NVL72 GPUs, while its colocation offering provides high-density datacenter space for customers’ equipment. [2](https://app.finbar.com/go?id=P148065462) [23](https://app.finbar.com/go?id=P148065484) In full-year 2025, self-mining generated about 63.8% of net revenue, rig and accessory sales 17.5%, Membership Hosting 9.9%, General Hosting 5.6%, AI infrastructure/cloud 1.1%, and cloud hash rate 0.3%. [7](https://app.finbar.com/go?id=P148065465) [17](https://app.finbar.com/go?id=P148065473) [24](https://app.finbar.com/go?id=P148065808) [20](https://app.finbar.com/go?id=T16963553) [21](https://app.finbar.com/go?id=T16963554) [23](https://app.finbar.com/go?id=P148065484) [4](https://app.finbar.com/go?id=P148065504)
[11](https://app.finbar.com/go?id=P148065476)[12](https://app.finbar.com/go?id=P148065477)[13](https://app.finbar.com/go?id=P155126106)[14](https://app.finbar.com/go?id=P155126110)[15](https://app.finbar.com/go?id=P155126114)[16](https://app.finbar.com/go?id=P148065733)[17](https://app.finbar.com/go?id=P148065473)[4](https://app.finbar.com/go?id=P148065504)[18](https://app.finbar.com/go?id=T16963586)[19](https://app.finbar.com/go?id=T16963587)[20](https://app.finbar.com/go?id=T16963553)[21](https://app.finbar.com/go?id=T16963554)[22](https://app.finbar.com/go?id=T16963555)[2](https://app.finbar.com/go?id=P148065462)[23](https://app.finbar.com/go?id=P148065484)[7](https://app.finbar.com/go?id=P148065465)[24](https://app.finbar.com/go?id=P148065808)

## Geographic presence

Bitdeer Technologies Group is headquartered in Singapore. Its August 2026 company update lists data centers in the United States, Norway, Bhutan, Ethiopia, and Malaysia. [25](https://app.finbar.com/go?id=P166037617) The 2026 Q2 capacity table lists existing sites in the U.S. (Rockdale, Texas; Knoxville, Tennessee; Wenatchee, Washington; and Massillon, Ohio), Norway (Molde and Tydal), Bhutan (Gedu and Jigmeling), Ethiopia (Oromia Region), and Malaysia (Cyberjaya). It reports 1,752 MW of existing capacity and 1,228.2 MW of pipeline capacity; the pipeline includes sites in Ohio and Alberta, Canada, as well as Cyberjaya and Johor Bahru, Malaysia. [26](https://app.finbar.com/go?id=T17887561)

The company’s principal executive office is in Singapore, and its registered office is in Grand Cayman, Cayman Islands. [27](https://app.finbar.com/go?id=P148065453) At year-end 2025, it had 471 full-time employees, most located in Singapore and the United States; country-level headcounts are not provided. [8](https://app.finbar.com/go?id=P148066126) The available materials do not provide revenue by country or region; the company describes its business as an integrated operation and does not present geographic segment information. [28](https://app.finbar.com/go?id=P148066983)
[25](https://app.finbar.com/go?id=P166037617)[26](https://app.finbar.com/go?id=T17887561)[27](https://app.finbar.com/go?id=P148065453)[8](https://app.finbar.com/go?id=P148066126)[28](https://app.finbar.com/go?id=P148066983)

## Business segments

Bitdeer Technologies Group reports one operating segment: management assesses the company as an integrated business rather than as separate reportable segments. Its filings nevertheless disaggregate revenue by business source. The following approximate contributions use the 2025 revenue-source breakdown, the latest annual figures identified here; these are revenue categories, not formal segment shares. [28](https://app.finbar.com/go?id=P148066983)[29](https://app.finbar.com/go?id=T16963594)

In 2025, self-mining—primarily cryptocurrency mining—generated approximately 63.9% of revenue. Sales of mining rigs and accessories, including SEALMINER products, contributed 17.5%. Hosting businesses comprised Membership Hosting (9.9%), General Hosting (5.6%) and Cloud Hosting arrangements (less than 0.1%); they provide datacenter capacity and related hosting or management services to miners. AI cloud services, including GPU-based AI/HPC cloud and colocation, contributed 1.1%. Cloud hash-rate subscriptions and associated electricity subscriptions together contributed approximately 0.3%. “Others,” including technical, repair, leasing and related offerings, accounted for 1.7%. [29](https://app.finbar.com/go?id=T16963594)[20](https://app.finbar.com/go?id=T16963553)[21](https://app.finbar.com/go?id=T16963554)[22](https://app.finbar.com/go?id=T16963555)[1](https://app.finbar.com/go?id=P148065461)[2](https://app.finbar.com/go?id=P148065462)[4](https://app.finbar.com/go?id=P148065504)[16](https://app.finbar.com/go?id=P148065733)

The Q2 2026 results presentation separately identified Co-mining, alongside self-mining, hosting, cloud hash rate, AI Cloud and mining-rig sales. That interim business-line presentation does not change the filing’s formal one-segment classification. [30](https://app.finbar.com/go?id=P155095106)[28](https://app.finbar.com/go?id=P148066983)
[28](https://app.finbar.com/go?id=P148066983)[29](https://app.finbar.com/go?id=T16963594)[20](https://app.finbar.com/go?id=T16963553)[21](https://app.finbar.com/go?id=T16963554)[22](https://app.finbar.com/go?id=T16963555)[1](https://app.finbar.com/go?id=P148065461)[2](https://app.finbar.com/go?id=P148065462)[4](https://app.finbar.com/go?id=P148065504)[16](https://app.finbar.com/go?id=P148065733)[30](https://app.finbar.com/go?id=P155095106)

## Company history

Bitdeer’s corporate group was formed in January 2021 through a Bitmain reorganization that separated its cloud hash rate, self-mining and hosting operations; it began operating independently on January 26. The BTC.com pool business was separated from the group in April 2021. [9](https://app.finbar.com/go?id=P148065450)[31](https://app.finbar.com/go?id=P148065451)

In April 2023, Bitdeer completed its business combination with Blue Safari and became a Nasdaq-listed company under the ticker BTDR. [32](https://app.finbar.com/go?id=P148065452)[33](https://app.finbar.com/go?id=P148059434) That year, it also entered a partnership with Bhutan’s Druk Holding & Investments to develop digital-asset-mining operations, including the Gedu datacenter. [34](https://ir.bitdeer.com/news-releases/news-release-details/bitdeer-and-druk-holding-investments-jointly-develop-green)[35](https://ir.bitdeer.com/news-releases/news-release-details/bitdeer-announces-july-2023-operations-updates)

In 2024, Bitdeer introduced its first in-house Bitcoin-mining chip, SEAL01, and later launched the SEALMINER A2 series. [11](https://app.finbar.com/go?id=P148065476)[36](https://app.finbar.com/go?id=P148067115) It also expanded through the acquisitions of Norwegian datacenter operators Troll Housing and Tydal Data Center, and mining-rig developer FreeChain. [37](https://app.finbar.com/go?id=P148067140) In 2025, the company announced a 101-MW site and gas-fired power project acquisition near Fox Creek, Alberta, and reported mass production of its SEALMINER A3. [38](https://ir.bitdeer.com/news-releases/news-release-details/bitdeer-announces-strategic-acquisition-101-mw-site-and-gas)[39](https://ir.bitdeer.com/news-releases/news-release-details/bitdeer-reports-unaudited-financial-results-third-quarter-2025)
[9](https://app.finbar.com/go?id=P148065450)[31](https://app.finbar.com/go?id=P148065451)[32](https://app.finbar.com/go?id=P148065452)[33](https://app.finbar.com/go?id=P148059434)[11](https://app.finbar.com/go?id=P148065476)[36](https://app.finbar.com/go?id=P148067115)[37](https://app.finbar.com/go?id=P148067140)[34](https://ir.bitdeer.com/news-releases/news-release-details/bitdeer-and-druk-holding-investments-jointly-develop-green)[35](https://ir.bitdeer.com/news-releases/news-release-details/bitdeer-announces-july-2023-operations-updates)[38](https://ir.bitdeer.com/news-releases/news-release-details/bitdeer-announces-strategic-acquisition-101-mw-site-and-gas)[39](https://ir.bitdeer.com/news-releases/news-release-details/bitdeer-reports-unaudited-financial-results-third-quarter-2025)

## Sources

1. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=P148065461)
2. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=P148065462)
3. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=P148065464)
4. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=P148065504)
5. [Bitdeer Technologies Group — Presentation (2026 Q 2), p5](https://app.finbar.com/go?id=P155126016)
6. [www.bitdeer.com](https://www.bitdeer.com/about-us/story)
7. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=P148065465)
8. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=P148066126)
9. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=P148065450)
10. [Bitdeer Technologies Group — Full financial report (2025 Y), p59](https://app.finbar.com/go?id=P139522822)
11. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=P148065476)
12. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=P148065477)
13. [Bitdeer Technologies Group — Presentation (2026 Q 2), p13](https://app.finbar.com/go?id=P155126106)
14. [Bitdeer Technologies Group — Presentation (2026 Q 2), p13](https://app.finbar.com/go?id=P155126110)
15. [Bitdeer Technologies Group — Presentation (2026 Q 2), p13](https://app.finbar.com/go?id=P155126114)
16. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=P148065733)
17. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=P148065473)
18. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=T16963586)
19. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=T16963587)
20. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=T16963553)
21. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=T16963554)
22. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=T16963555)
23. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=P148065484)
24. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=P148065808)
25. [Bitdeer Technologies Group — Monthly update (2026 M 8), p3](https://app.finbar.com/go?id=P166037617)
26. [Bitdeer Technologies Group — Presentation (2026 Q 2), p5](https://app.finbar.com/go?id=T17887561)
27. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=P148065453)
28. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=P148066983)
29. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=T16963594)
30. [Bitdeer Technologies Group — Press release (2026 Q 2), p3](https://app.finbar.com/go?id=P155095106)
31. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=P148065451)
32. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=P148065452)
33. [Bitdeer Technologies Group — Full financial report (2023 Y)](https://app.finbar.com/go?id=P148059434)
34. [ir.bitdeer.com](https://ir.bitdeer.com/news-releases/news-release-details/bitdeer-and-druk-holding-investments-jointly-develop-green)
35. [ir.bitdeer.com](https://ir.bitdeer.com/news-releases/news-release-details/bitdeer-announces-july-2023-operations-updates)
36. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=P148067115)
37. [Bitdeer Technologies Group — Full financial report (2025 Y)](https://app.finbar.com/go?id=P148067140)
38. [ir.bitdeer.com](https://ir.bitdeer.com/news-releases/news-release-details/bitdeer-announces-strategic-acquisition-101-mw-site-and-gas)
39. [ir.bitdeer.com](https://ir.bitdeer.com/news-releases/news-release-details/bitdeer-reports-unaudited-financial-results-third-quarter-2025)

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