Bitdeer Stock Price Plummets Amid Broader Crypto Miner Decline
Bitdeer Technologies Group (BTDR) stock price dropped by 13.4% on July 29, 2026. The decline is attributed to a broader selloff in bitcoin miners and AI-linked infrastructure stocks rather than a company-specific issue.
In its latest update on July 21, Bitdeer reported strong June operating momentum, including mining 990 Bitcoins and higher self-mining hash rates. However, the market may still be waiting for more detailed commercial information regarding the Tydal, Norway colocation lease, which was executed but subject to conditions precedent.
Peer bitcoin miners also traded lower today, supporting the view that BTDR's decline is part of a group trend rather than an isolated corporate development. Bitcoin itself was trading near $63,400 at the end of the session.