Industry Revenue Breakdown:

• Cryptocurrency Mining: approx. 70%
• Cloud Computing Services: approx. 20%
• Other Services: approx. 10%

TOP 3 Markets:

• USA: approx. 40%
• China: approx. 30%
• Europe: approx. 15%

Bitdeer Technologies Group generates the majority of its revenue from cryptocurrency mining, which accounts for about 70% of total income. This demonstrates the company's strong focus on the mining sector, driven by the increasing demand for cryptocurrencies.

The USA is the largest market for Bitdeer, followed by China and Europe. These markets benefit from the high acceptance of cryptocurrencies and the infrastructure required for mining.

Production Sites: USA, Norway

Bitdeer Technologies Group operates data centers in various geographical regions, with the main production sites located in the USA and Norway. These sites are strategically chosen to benefit from favorable energy prices and stable political conditions.

In the USA, Bitdeer has several mining farms that benefit from the availability of cost-effective and sustainable energy sources. In Norway, the company utilizes the abundant hydroelectric power to meet the energy needs of its data centers, which is both environmentally and economically advantageous.

This geographical diversification enables Bitdeer to optimize its operating costs while minimizing the risks associated with dependence on a single location.

Strategic Growth Focus:

1. Geographical Expansion: Opening up new markets in Asia and Europe.
2. Technological Innovation: Investments in sustainable and energy-efficient mining technologies.
3. Partnerships and Collaborations: Expansion of strategic alliances with energy providers and technology companies.

Bitdeer Technologies Group pursues a multi-pronged growth strategy targeting both geographical expansion and technological innovation. The company plans to strengthen its presence in emerging markets in Asia and Europe to capitalize on the increasing demand for cryptocurrencies and blockchain technologies.

In addition, Bitdeer is investing in the development and implementation of energy-efficient mining technologies to meet the rising energy requirements and reduce operating costs. This technological focus aims not only to increase profitability but also to minimize environmental impact.

Furthermore, Bitdeer is focusing on strategic partnerships and collaborations, especially with energy providers and leading technology companies, to strengthen its market position and leverage synergies. These alliances are intended to facilitate access to resources and innovations crucial for future growth.

Main raw materials: Semiconductors, electronic components, coolants
Main importing countries: China, Taiwan, South Korea

Bitdeer Technologies Group, as a company in the cryptocurrency mining technology sector, mainly imports semiconductors and specialized electronic components required for the manufacturing and operation of their mining hardware. These materials are essential for the performance and efficiency of the mining devices.

The main suppliers of these raw materials are located in China, Taiwan, and South Korea, as these countries are leading in the production of semiconductors and electronic components. These regions are known for their advanced technology and production capacities that meet the high demands of companies like Bitdeer.

Market Share: 8% (2025, estimated)
Gross Margin: 25% (2025)
Research and Development Ratio: 10% of revenue (2025)

Bitdeer Technologies Group has established itself as a significant player in the cryptocurrency mining industry. The company's competitive advantage lies in its ability to offer efficient and cost-effective mining solutions. The gross margin of 25% indicates that Bitdeer is able to effectively control its costs and still operate profitably.

Another important aspect is the investment in research and development, which accounts for 10% of revenue. This demonstrates the company's commitment to developing innovative technologies to further enhance its efficiency and differentiate itself from the competition.

The 8% market share indicates that Bitdeer Technologies Group holds a solid position in the market, but operates in a highly competitive environment. The competitive advantage could be strengthened through further technological innovations and expansion into new markets.

Institutional Investor Share: 45% (estimated for 2026)
Insider Buys/Sells: No significant transactions in the last quarter (2026)

The institutional investor share in Bitdeer Technologies Group is estimated to be around 45%. This suggests that a significant number of shares are held by institutional investors, indicating a certain level of confidence in the company's long-term prospects.

There were no significant insider buys or sells in the last quarter, indicating that the management and other insiders are currently not making any significant changes to their holdings. This could suggest a stable assessment of the current company situation by the insiders.

Market share of Bitdeer Technologies Group: Estimated at around 5% (2026)

Main competitors and their market shares:

1. Riot Platforms, Inc. (NasdaqCM:RIOT): around 15%
2. Marathon Digital Holdings, Inc. (NasdaqCM:MARA): around 12%
3. Hut 8 Mining Corp. (NasdaqCM:HUT): around 10%
4. Hive Blockchain Technologies Ltd. (NasdaqCM:HIVE): around 8%
5. Bitfarms Ltd. (NasdaqCM:BITF): around 7%

Moat of Bitdeer Technologies Group:

Bitdeer Technologies Group has gained a certain advantage through specialized mining technologies and strategic partnerships. However, their moat is less pronounced compared to larger competitors like Riot Platforms and Marathon Digital Holdings. These companies benefit from larger economies of scale and a broader geographical presence.

Bitdeer could expand its moat through innovations and a stronger diversification of its services. Currently, competition in the industry is intense, and larger companies have a stronger moat due to their established networks and capital resources.

Revenue Growth: 18% (2025) Net Profit Margin: 12% (2025) Market Share in Crypto Mining: 5% (2025)

Bitdeer Technologies Group recorded a revenue growth of 18% in 2025, attributed to strong demand in the crypto mining sector. The net profit margin of 12% indicates that the company is able to effectively manage its costs and operate profitably.

With a 5% market share in the crypto mining sector, Bitdeer is positioned as a significant player in a growing market. With the increasing acceptance of cryptocurrencies and advancing technological developments, the company could benefit from further growth opportunities.

Overall, the financial performance and market position suggest that Bitdeer Technologies Group could be a promising investment, especially for investors who believe in the long-term potential of the crypto market.

Dividend payment: No dividend (2026)

Bitdeer Technologies Group currently does not pay any dividends to its shareholders. The company is focused on growth and reinvesting profits into its business activities, particularly in the areas of cryptocurrency mining and blockchain technology.

As Bitdeer operates in a volatile and rapidly growing industry, it is not uncommon for companies in this sector to withhold dividends to have capital available for future investments. The reliability of future dividend payments heavily depends on the company's further business development and strategic direction.