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Oct 15, 2025 4:00 PM

Bitdeer Technologies Stock Is Surging Wednesday: What's Going On?

Bitdeer Technologies Group (NASDAQ:BTDR) shares are trading higher on Wednesday following the company’s September operational update. Multiple analysts also maintained bullish ratings and raised price targets.

What To Know: Bitdeer reported September production numbers showing accelerating momentum. The company increased its self-mining hashrate to 35 EH/s, up from 30.3 EH/s in August and said it remains on track to reach 40 EH/s at the end of October. 

Bitdeer also mined 452 Bitcoin (CRYPTO: BTC) last month, marking a 20.5% month-over-month increase.

The company launched its SEALMINER A3 series and began mass production with initial shipments expected in October. The new generation includes both air-cooling and hydro-cooling models designed to improve power efficiency compared to ...