Bitdeer Technologies Group (BTDR) Registration Filing summary

Company overview and business model

• Operates as a global technology leader in Bitcoin mining, providing comprehensive computing solutions including equipment procurement, logistics, datacenter design, and daily operations.

• Runs seven mining datacenters across the US, Norway, and Bhutan with a total electrical capacity of 1,257 MW as of July 31, 2025.

• Manages 36.4 EH/s of hash rate, split between proprietary and hosting, and expects further growth through capacity conversion and global expansion.

• Diversifies revenue through five business lines: self-mining, hash rate sharing, hosting, ASIC and mining rig business, and HPC/AI cloud services.

• Offers advanced AI cloud services in Asia, powered by NVIDIA DGX SuperPOD H100, supporting generative AI and LLM development.

Financial performance and metrics

• As of June 30, 2025, reported $299.8 million in cash and cash equivalents and $533.1 million in borrowings.

• Total shareholders' equity stood at $1.38 billion, with total capitalization of $1.54 billion.

• Outstanding shares as of June 30, 2025: 167,316,601 Class A and 44,399,922 Class V Ordinary Shares.

Use of proceeds and capital allocation

• Will not receive any proceeds from the resale of shares by the selling securityholder; all net proceeds go to the selling securityholder.

• Company bears registration and related offering expenses, while the selling securityholder pays underwriting discounts and commissions.