Bitdeer Technologies Group
Category: AI Infrastructure
Bitdeer Technologies Group provides blockchain and high-performance computing solutions, specializing in cryptocurrency mining infrastructure and AI-powered data centers. Bitdeer Technologies Group was founded in 2020. The company is led by Jihan Wu. Based in Singapore, Singapore. Team size: 211. Total funding raised: $742M. Latest round: Convertible Senior Notes (November 2025). Key investors include ["Matrixport","Tether","Blue Safari Group Acquisition","Genimous Technology"].
- Founded
- 2020
- Headquarters
- Singapore, Singapore
- Team size
- 211
- Total funding
- $742M
Value proposition
End-to-end mining solutions including proprietary hardware, cloud hash rate sharing, and energy-efficient datacenters.
Products and solutions
["SEALMINER A1/A2/A3 Bitcoin miners","Cloud Hash Rate Services","Modular Mining Datacenters","AI Infrastructure (NVIDIA DGX SuperPOD integration)"]
Unique value
Spin-off from Bitmain with legacy in Bitcoin mining, combined with AI infrastructure capabilities.
Target customer
Cryptocurrency miners, enterprises requiring computational power, and AI/ML-driven industries.
Industries served
["Cryptocurrency Mining","Blockchain Infrastructure","Artificial Intelligence","High-Performance Computing"]
Technology advantage
Proprietary SEALMINER ASICs with energy-efficient designs; modular datacenters for scalable mining operations.
How they differentiate
Focus on vertical integration, technological innovation in mining infrastructure, and high-performance computing solutions for AI and Bitcoin mining.
Main competitors
["Marathon Digital Holdings","Riot Blockchain","Hive Blockchain Technologies"]
Key partnerships
["NVIDIA (AI infrastructure)","Tether","Blue Safari Group Acquisition","Genimous Technology","Global datacenter operators in Norway/US/Bhutan"]
Notable customers
[]
Major milestones
[ "2020: Founded by Jihan Wu (Bitmain co-founder) in Singapore", "2023: IPO on NASDAQ (ticker: BTDR)", "Raised $742M total funding", "2023: Revenue $420.9M", "Q4 2025: Revenue $224.8M (226% YoY, 33% sequential), net profit $70.5M", "Jan 2026: Self-mining hashrate exceeded 63 EH/s", "Feb 2026: Self-mining hashrate reached 68 EH/s", "2025: Launched SEALMINER A2/A3 proprietary miners", "2025: Announced 570 MW data center campus in Ohio", "April 2026: Announced SEALMINER A4 Bitcoin mining machines" ]
Growth metrics
Public company (NASDAQ: BTDR). FY2025 revenue: ~$620M. Q4 2025 revenue: $224.8M (226% YoY, 33% sequential). Self-mining hashrate exceeded 63 EH/s (Jan 2026), reached 68 EH/s (Feb 2026). Total power capacity: 1,658MW. Team: ~246 employees (2024).
Market positioning
36.5% market share in cloud hashrate, with a global presence and strategic expansion in Asia and North America.
Geographic focus
Primarily Singapore-based with operations in North America, Europe, and Asia.
Patents and IP
No publicly disclosed patents, but holds proprietary technology in mining hardware and datacenter infrastructure.
About Jihan Wu
Co-founder and former CEO of Bitmain Technologies (2013-2021), founder of Matrixport (2019), early Bitcoin evangelist and translator of Satoshi Nakamoto's Bitcoin whitepaper into Chinese
Official website: https://www.bitdeer.com