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: 246. 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
- 246
- 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
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
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Official website: https://www.bitdeer.com