Trump family-linked Bitcoin mining company American Bitcoin (NASDAQ: ABTC) released its fourth-quarter and full-year financial results on Thursday, recording $78.3 million in quarterly revenue for a 22% increase over the previous quarter. American Bitcoin’s total revenue for 2025 reached $185.2 million following an expansion of its bitcoin mining fleet to 78,000 machines worth 25 EH/s by year’s end, of which 21.9 EH/s were operational at the close of 2025. American Bitcoin’s mining fleet has an efficiency ...

Bitcoin mining isn’t a sustainable business anymore, and industry participants are slowly stepping away. The process of validating transactions and securing the network by solving complex cryptographic puzzles to earn new Bitcoins is no longer sustainable. Higher network difficulty, reduced block rewards after the halving, and unstable energy costs have squeezed profitability across the sector. It has turned into a capital-heavy competition. Today’s large-scale miners must invest aggressively in infras ...

Tether purchased $42 million worth of Bitdeer (NASDAQ: BTDR) shares last week, increasing its total stake to 20.1% at a time when the miner’s stock fell 18% amid a broader market downturn. Via its investment subsidiaries, Tether now holds 38,356,531 shares in the bitcoin miner, up from 32,244,062 shares at the end of November 2025. The largest transaction occurred Thursday, with Tether buying 3.7 million shares as the stock traded near its lowest levels since April 2025. Tether took its first stake in Bit ...

Bitdeer Technologies is attempting to soothe investors after revealing it had liquidated its remaining Bitcoin holdings over the weekend. As of February 20, the Singapore-based Bitcoin miner holds zero Bitcoin on its balance sheet after it sold reserves of 943 Bitcoin, worth almost $62 million at current prices. “Our decision to sell Bitcoin should not be a concern for the broader market,” Bitdeer said in a Monday X post. “We are currently evaluating multiple non-binding powered land acquisition opport ...

Core Viewpoint - Bitdeer, a Bitcoin mining company, plans to issue $300 million in convertible senior notes due in 2032 through a private placement, with an additional purchase option of up to $45 million for initial purchasers [1] Group 1: Fund Utilization - A portion of the net proceeds from the issuance will be used to pay for capped call transaction costs and to repurchase some of the 5.25% convertible bonds maturing in 2029 [1] - The remaining funds will primarily be allocated for data center expansion, high-performance computing (HPC) and AI cloud business expansion, ASIC miner research and manufacturing, as well as working capital and other general corporate purposes [1]

Group 1 - Bitdeer Technologies Group (NASDAQ:BTDR) is recognized as one of the best Bitcoin and blockchain stocks to invest in [1][2] - Roth Capital has reduced Bitdeer’s price target from $40 to $30 while maintaining a Buy rating, citing mixed Q4 results and a willingness to deploy high-performance computing [2] - B. Riley also maintains a Buy rating but lowered its price target from $29 to $22, attributing this to decreased bitcoin prices and network difficulties in Q4 [3] Group 2 - In January 2026, Bitdeer mined 668 bitcoins and is focusing on long-term leases for HPC/AI co-location options at larger facilities [4] - The company’s self-mining hashrate reached 63 EH/s, a 14% increase from December 2025, and plans to introduce the SEALMINER-DL1 in Q1 2026 [4] - Bitdeer operates cryptocurrency mining datacenters and generates revenue from its mining operations, managing various aspects including equipment procurement and data center operations [5]

🚨BREAKING: BITCOIN MINER BITDEER LEADS MARA IN HASH RATE$BTDR has surpassed $MARA to become the top publicly traded Bitcoin miner by self mining hash rate, according to @JPMorgan analysts. https://t.co/9poZ5g6dWq ...

Core Insights - Bitcoin's price fell below $61,000, reversing gains since the 2024 election, attributed to limited liquidity and financial turmoil [1] - The average market depth of Bitcoin decreased from over $8 million in 2025 to approximately $5 million currently, indicating concerning liquidity patterns [2] - The article lists the 11 best Bitcoin and blockchain stocks to invest in, based on hedge fund interest and analysts' upside potential [4] Company Insights - **Bitdeer Technologies Group (NASDAQ:BTDR)**: - Number of hedge fund holders: 26 - Analysts' upside potential: 100.68% - Price target decreased from $40 to $30 by Roth Capital, maintaining a Buy rating [7] - B. Riley also maintained a Buy rating, lowering the price target from $29 to $22 due to decreased bitcoin prices [8] - Mined 668 bitcoins in January and aims to deploy more Sealminers in 2026, with a self-mining hashrate of 63 EH/s, up 14% from December 2025 [9][10] - **CleanSpark, Inc. (NASDAQ:CLSK)**: - Number of hedge fund holders: 34 - Analysts' upside potential: 87.24% - Macquarie maintained an Outperform rating, reducing the price objective from $27 to $18 [11] - Revenues for Q1 fiscal 2026 were $181.2 million, an 11.6% increase from $162.3 million year-over-year, but reported a net loss of $378.7 million [13][14]

Core Insights - Bitdeer Technologies Group reported significant revenue growth in Q4 2025, with a year-over-year increase of 225.8% to $224.8 million, driven by self-mining and AI infrastructure initiatives [4][7] - Despite the revenue surge, gross profit fell to $10.6 million, reflecting a gross margin of 4.7%, down from 24.1% in the previous quarter, primarily due to lower Bitcoin prices, increased electricity costs, and a change in depreciation methodology [3][7] Financial Performance - The company posted an adjusted EBITDA of $31.2 million for Q4 2025, down from $39.6 million in Q3 2025 [3] - Self-mining revenue reached $168.6 million, significantly up from $41.5 million in Q4 2024 and $130.9 million in Q3 2025, attributed to a higher average operating hash rate [8] - Bitdeer reported a net operating cash outflow of $599.5 million, driven by supply chain costs, electricity expenses, and corporate overhead [5][17] Operational Developments - Bitdeer is expanding its self-mining capacity, exiting 2025 with over 55 EH/s and reaching over 63 EH/s in January 2026 [6][9] - The company commenced mass production of the SEALMINER A3 series and plans to begin production of SEAL04-1 in Q1 2026, with a focus on improving energy efficiency [10][12] - Bitdeer is prioritizing colocation services for AI and HPC at larger sites, with over 1.66 GW of capacity online and a total pipeline of 3 GW [12][14] Strategic Focus - The firm is pivoting towards AI/HPC colocation and GPU-as-a-Service, with plans to expand its cloud platform in Malaysia and the U.S. [5][14] - Management emphasized that significant U.S. GPU deployments will be backed by committed revenue from enterprise contracts, avoiding speculative capacity [15] - The company plans to switch to GAAP reporting in Q1 2026, moving away from IFRS [20]

Core Insights - Bitdeer Technologies Group reported a significant increase in self-mined Bitcoin, reaching 668 coins, which represents a year-over-year growth of 430% [1] - The total Bitcoin holdings of the company have reached 1,530 coins [1] - The self-mining hash rate has achieved 63.2 EH/s, with ongoing deployment of SEALMINER mining machines and a gradual phase-out of outdated third-party models [1]