Overview
- BTDR stock closed up 8.6% at $8.15 after the DL1 Air debut, trimming a portion of a roughly 54% six‑month slide.
- The air‑cooled miner is rated at 25 GH/s with 149 J/GH efficiency and about 3,725W draw, offering Normal, High Hashrate, and Low Power modes; Low Power delivers 20.5 GH/s at 136 J/GH.
- The hardware targets Scrypt assets including Litecoin and Dogecoin, with rollouts tied to Bitdeer facilities in the United States, Norway, Bhutan, and Ethiopia.
- Bitdeer raised capital through a $375 million senior convertible note and $325 million convertible notes due 2032, both at 5.00% interest, plus a direct sale of 5,503,030 Class A shares at $7.94 (~$43.5 million).
- Operational momentum continued with 705 bitcoins mined in February 2026, a 541% year‑over‑year increase tied to expanded infrastructure.