B

Bitdeer Technologies Group
NASDAQ:BTDR

Watchlist Manager
Bitdeer Technologies Group
NASDAQ:BTDR
Watchlist
Price: 20.49 USD 12.95% Market Closed
Market Cap: 2.8B USD
Have any thoughts about
Bitdeer Technologies Group?
Write Note

Gross Margin
Bitdeer Technologies Group

22.3%
Current
21%
Average
46.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
22.3%
=
Gross Profit
88.3m
/
Revenue
395.6m

Gross Margin Across Competitors

Country Company Market Cap Gross
Margin
SG
Bitdeer Technologies Group
NASDAQ:BTDR
2.8B USD
22%
US
Ezenia! Inc
OTC:EZEN
567B USD
62%
US
Salesforce Inc
NYSE:CRM
328.5B USD
77%
DE
SAP SE
XETRA:SAP
276.2B EUR
73%
US
Adobe Inc
NASDAQ:ADBE
196.8B USD
89%
US
NCR Corp
LSE:0K45
187.9B USD
23%
US
Intuit Inc
NASDAQ:INTU
180.2B USD
79%
US
Palantir Technologies Inc
NYSE:PLTR
182.8B USD
81%
US
Applovin Corp
NASDAQ:APP
114.4B USD
74%
US
Cadence Design Systems Inc
NASDAQ:CDNS
82.7B USD
88%
US
Synopsys Inc
NASDAQ:SNPS
75.6B USD
80%
Country SG
Market Cap 2.8B USD
Gross Margin
22%
Country US
Market Cap 567B USD
Gross Margin
62%
Country US
Market Cap 328.5B USD
Gross Margin
77%
Country DE
Market Cap 276.2B EUR
Gross Margin
73%
Country US
Market Cap 196.8B USD
Gross Margin
89%
Country US
Market Cap 187.9B USD
Gross Margin
23%
Country US
Market Cap 180.2B USD
Gross Margin
79%
Country US
Market Cap 182.8B USD
Gross Margin
81%
Country US
Market Cap 114.4B USD
Gross Margin
74%
Country US
Market Cap 82.7B USD
Gross Margin
88%
Country US
Market Cap 75.6B USD
Gross Margin
80%
No Stocks Found

Bitdeer Technologies Group
Glance View

Market Cap
2.8B USD
Industry
Technology

Bitdeer Technologies Group stands as a significant player in the realm of cryptocurrency mining, brought to life under the vision of Jihan Wu, a co-founder of Bitmain. This company, headquartered in Singapore, strategically positions itself at the crossroad of digital currencies and energy efficiency. Bitdeer operates mining data centers across North America and Asia, offering robust infrastructure for large-scale bitcoin mining. By leasing computational power to individual and institutional miners, it lowers the entry barrier into the cryptocurrency mining space. Their prowess lies in enhancing the efficiency and effectiveness of mining operations, as they provide users with cloud-based platforms to manage mining investments without the technical complexities typically associated with such ventures. The core business model of Bitdeer revolves around harnessing cheap electricity and cutting-edge technology to maximize mining yields. Revenue streams primarily stem from the leasing of mining equipment and facilities, alongside the fees charged for platform usage. Their facilities are strategically placed in regions with access to affordable and reliable energy to ensure competitiveness and profitability. As the company continues to align its capabilities with the ever-evolving cryptocurrency landscape, it’s the seamless integration of technology and energy management that keeps Bitdeer at the forefront of the industry, generating steady income while adapting to market demands. This synergy not only ensures sustainability in their operations but also strategically positions them amid the crypto mining boom.

BTDR Intrinsic Value
16.72 USD
Overvaluation 18%
Intrinsic Value
Price
B

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
22.3%
=
Gross Profit
88.3m
/
Revenue
395.6m
What is the Gross Margin of Bitdeer Technologies Group?

Based on Bitdeer Technologies Group's most recent financial statements, the company has Gross Margin of 22.3%.