NEW YORK, January 1, 2026, 09:51 ET — Market closed
- Bitdeer Technologies Group stock (BTDR) last closed up 3.3% at $11.21 on Dec. 31, the year’s final session.
- Bitcoin was last down about 0.5% near $87,800, a key swing factor for miners’ revenue.
- Focus next: bitcoin direction into Jan. 2, a Feb. 2 lead-plaintiff deadline in a securities class action, and an estimated late-February earnings window.
Bitdeer Technologies Group stock (BTDR) rose 3.3% in the year’s final U.S. session, closing Dec. 31 at $11.21. U.S. stock markets were closed on Thursday for the New Year’s Day holiday, exchange calendars show.
The Singapore-based firm is a bitcoin miner and mining-services provider, leaving the shares closely tied to the cryptocurrency’s price and the cost of power. Miner stocks often trade as an amplified bet on bitcoin — they can swing more than the coin when sentiment shifts.
That sensitivity matters as 2026 opens with crypto still tethered to broader risk appetite after a choppy year. Bitcoin was last down about 0.5% on Thursday morning near $87,800.
Bitdeer shares ended Dec. 31 at $11.21, up 36 cents from the prior close of $10.85, Nasdaq historical data showed.
The move outpaced several U.S.-listed mining peers in the same session. Marathon Digital fell about 3.6%, CleanSpark slipped roughly 2.9% and Riot Platforms eased about 0.4%.
Bitcoin was on track to post its first annual loss since 2022, down more than 6% for 2025, as macro pressures and fading momentum weighed on the sector, Reuters reported. “Bitcoin increasingly exhibits the characteristics of a risk asset,” said Linh Tran, a senior market analyst at XS.com. Reuters
In plain terms, when investors cut exposure to volatile assets like growth stocks, crypto often gets trimmed too — and miners’ shares can magnify the move.
Investors are also tracking a securities fraud class action filed in federal court in Manhattan in December. The lawsuit alleges Bitdeer misled investors about the timing and progress of its SEALMINER roadmap and a key chip used in mining machines, according to a case summary posted by law firm DiCello Levitt.
The deadline for investors to ask the court to appoint them lead plaintiff is Feb. 2, 2026, the posting said. A lead plaintiff is the shareholder selected to represent the wider group in a class action.
The lawsuit summary cites Bitdeer’s Nov. 10 quarterly results and says the company disclosed a net loss of $266.7 million and signaled a delay in its next-generation chip, pushing targeted mass production of SEALMINER A4 rigs into the first quarter of 2026.
Before the next session, the first read for traders will be bitcoin’s holiday trading and whether miners gap higher or lower when U.S. equities reopen on Friday, Jan. 2.
Beyond crypto, markets head into the first full week of January with the U.S. employment report due on Jan. 9 — a key swing event for rate expectations and broader risk sentiment.
Bitdeer has not confirmed its next earnings date, but MarketBeat estimates the company will report around Feb. 24 based on prior reporting patterns. Traders will be watching for updates on mining output, chip deliveries and power costs.
On technical charts, BTDR has near-term support around $10.84 and resistance around $11.42, based on Barchart’s pivot levels. Support and resistance are price areas where buyers or sellers have tended to show up before.
