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    Home»Markets»Bitdeer (BTDR) Jumps 10% on Bitcoin Rally, Rate Cut Hopes
    Markets

    Bitdeer (BTDR) Jumps 10% on Bitcoin Rally, Rate Cut Hopes

    Money MechanicsBy Money MechanicsOctober 5, 2025No Comments2 Mins Read
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    Bitdeer (BTDR) Jumps 10% on Bitcoin Rally, Rate Cut Hopes
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    We recently published 10 Stocks With Eye-Popping Double-Digit Gains. Bitdeer Technologies Group (NASDAQ:BTDR) is one of the top performers on Friday.

    Shares of Bitdeer Technologies jumped by 10.28 percent on Friday to close at $19.42 apiece, as investor sentiment was influenced by the rally in Bitcoin prices and an overall market optimism for more rate cuts.

    As of writing, the price of Bitcoin was at $122,375, marking an increase of 9 percent from a week earlier and 1.62 percent from the previous day.

    Bitdeer (BTDR) Jumps 10% on Bitcoin Rally, Rate Cut Hopes
    Bitdeer (BTDR) Jumps 10% on Bitcoin Rally, Rate Cut Hopes

    Over the next few days, investors of Bitdeer Technologies Group (NASDAQ:BTDR) will expect the announcement of its September production results.

    Last month, Bitdeer Technologies Group (NASDAQ:BTDR) officially launched new self-developed Bitcoin mining machines. Called the Sealminer A3 series, the series maintains a low-noise feature while significantly reducing power consumption per unit of hash rate.

    “This advancement enhances the energy efficiency and environmental sustainability of the mining process, leading to lower operational costs for miners. Moreover, its increased hashrate fulfills the requirements for large-scale mining operations, offering strong support in computational capabilities,” Bitdeer Technologies Group (NASDAQ:BTDR) said.

    While we acknowledge the potential of BTDR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

    READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

    Disclosure: None. This article is originally published at Insider Monkey.



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