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Bitdeer Buys 50 BTC As Bitcoin Dips, Stock Falls 29%
Another digital assets miner, Bitdeer, has leveraged the recent decline of Bitcoin by purchasing a significant number of BTC. The X post by the company dated February 08, 2025, says that it has purchased 50 Bitcoin at $81,475.
With the acquisition of 50 BTCs, the company’s total holding reached 640 Bitcoins; as per the data, the holding of Bitdeer was 594 coins till December 30, 2025.
Over time, crypto mining has gained significant traction, with Russia standing at the top in terms of mining operations; in a most recent development, the enforcement agency of the nation has seized several machines from a village in Ingushetia after severe power outages were reported.
It is worth noting that the energy consumption of Ingushetia grew by more than 40% in the last year.
Despite holding 0.003% of BTC circulating supply, Bitdeer stock continues to fall
Source: TradingView
When writing, Bitdeer stock (Nasdaq: BTDR) was trading at $10.89 with a weekly decline of roughly 29%, and it fell over 33.06% in the past 30 days. The estimated annual price target of BTDR is $22.76%, and its press time trading prices are below the 20, 50, 100, and 200-day exponential moving averages
In case of continued bullishness, the nearest visible support of Bitdeer stock is $8.31, and the next support is $6.31. If bulls succeed in getting control over bears, then there are high chances of reversal, with the initial resistance of $15.7,1 and the 2nd resistance is $19.24
When writing, the market capitalization of Bitdeer Technologies is $2.09 billion, which fell more than 46.99% in 2025; however, the cap in 2024 was $3.95 billion, more than 260% greater than the cap in 2023
Bitdeer Technologies failed to meet the revenue expectations in Q4 2024. The company reported $-3.22 EPS, which was -1,779% smaller than estimates, and the expected revenue for the quarter was $70.70 million, yet the reported revenue was -2.38%.
The estimated revenue of Bitdeer in the 1st quarter of 2025 is $78.81 million, and the EPS is $-0.32.
Bitcoin’s declining prices open opportunities for corporate investors
Over the past few sessions, Bitcoin prices have been falling constantly, and the losses in the past 48 hours dragged BTC below the mark of $82k. Until publishing, it was trading at $79,790, with a decline of 7.70%.
After Trump’s victory, it is the 1st time Bitcoin fell below the $80k mark, and its market capitalization is at $1.58 trillion with a loss of 7.44% in a day and over 13% in the past 7 days.
Market speculators argue that if the bearishness continues in BTC prices in coming sessions, it is expected to fall to $76k, and the next visible support is $73k. However, its initial resistance is $83k, followed by $89k.
On Wednesday, Todayq reported that Metaplanet, the company based in Japan, has once again brought significant Bitcoin after the sudden decline in prices and market capitalization