Bitdeer Technologies is trading at $7.65, down 5.09%, amid crypto pressure.
- Bitcoin and Ethereum are down 2.77% and 2.93% since the prior close; AI-cost concerns and escalating Gulf tensions weakened risk sentiment. Reuters reported declines in Asian stocks and Bitcoin overnight.
- Bitdeer’s September update reported 1,355 Bitcoin mined, up 200% year over year, and an approximately $2.9 billion AI Cloud backlog. No new company-specific catalyst was identified for October 22; the earlier update does not explain the current drop.