Bitdeer (BTDR) Surges 14.6% on AI Expansion and Legal Clouds: A Volatile Play for 2026?

Summary
• Bitdeer (BTDR) surges 14.6% intraday to $14.64, driven by NVIDIA GB200 AI deployment and sector rotation.
• Legal storm brews as class-action lawsuits allege misleading disclosures on SEAL04 chip delays.
• Technicals show short-term bullish momentum with RSI at 63.09 and MACD crossing above signal line.
• Turnover jumps to 9.5M shares, signaling intense retail and institutional activity.

Bitdeer’s stock is in a tailwind of AI infrastructure optimism and regulatory scrutiny. The company’s Malaysia-based NVIDIA GB200 deployment and AI-as-a-Service pivot have ignited short-term bullish momentum, while ongoing lawsuits over delayed chip projects cast a shadow. Traders are navigating a high-volatility environment as technical indicators and options data suggest a pivotal inflection point.

AI Expansion and Legal Crossfire Drive Volatility
Bitdeer’s 14.6% intraday surge stems from its announcement of deploying NVIDIA GB200 NVL72 infrastructure in Malaysia, a strategic move to position itself as a full-stack AI cloud provider. The deployment aligns with its global data center expansion, including 570 MW facilities in the U.S. and Norway. However, the rally is juxtaposed with legal risks: two class-action lawsuits allege the company concealed delays in its SEAL04 chip project, which contributed to a 35% stock plunge in late 2025. The juxtaposition of AI optimism and regulatory uncertainty has created a volatile trading environment, with investors weighing long-term AI infrastructure potential against near-term legal headwinds.

Data Processing Sector Mixed as AMZN Drags
The Data Processing & Outsourced Services sector is mixed, with Amazon (AMZN) down 2.16% on concerns over AI cloud competition. Bitdeer’s AI-focused pivot contrasts with AMZN’s broader e-commerce struggles, highlighting divergent strategies within the sector. While AMZN’s decline reflects macroeconomic pressures, Bitdeer’s rally underscores niche AI infrastructure demand. However, sector-wide volatility remains elevated due to trade tensions and AI adoption uncertainty.

Options and ETFs for Navigating Bitdeer’s Volatility
• 200-day average: $13.80 (below current price); RSI: 63.09 (neutral); MACD: 0.312 (bullish crossover).
• Bollinger Bands: $9.52–$12.91 (current price at 14.64, above upper band).
• Key support/resistance: 200D support at $12.44, 30D support at $11.48.

Bitdeer’s technicals suggest a short-term bullish breakout, with RSI in neutral territory and MACD confirming momentum. The stock is trading above its 200-day average and Bollinger upper band, indicating overbought conditions. Aggressive traders may target a retest of $14.77 (intraday high) or a breakdown below $12.73 (intraday low) as key pivots. The options chain reveals high leverage and implied volatility, offering asymmetric risk/reward setups.

Top Options Picks:
• BTDR20260123C14.5 (Call, $14.5 strike, 1/23 expiry):
- IV: 44.65% (moderate)
- Leverage Ratio: 26.74%
- Delta: 0.5958 (moderate sensitivity)
- Theta: -0.0554 (moderate time decay)
- Gamma: 0.3565 (high sensitivity to price swings)
- Turnover: 165 shares
- Payoff at 5% upside: $0.73/share (14.64 → 15.37).
This call offers a balance of leverage and gamma, ideal for a 5% upside scenario. High gamma ensures rapid delta expansion if the stock breaks above $14.5, amplifying gains.

• BTDR20260123C15 (Call, $15 strike, 1/23 expiry):
- IV: 95.22% (high)
- Leverage Ratio: 18.38%
- Delta: 0.4841 (moderate sensitivity)
- Theta: -0.0726 (high time decay)
- Gamma: 0.1720 (moderate sensitivity)
- Turnover: 336,684 shares (high liquidity)
- Payoff at 5% upside: $0.73/share (14.64 → 15.37).
Despite high IV, this call’s liquidity and moderate delta make it a viable play for a sustained rally. High theta decay suggests urgency, but the strike is close to current price, offering a safety net if the stock consolidates.

Action Alert: Aggressive bulls may consider BTDR20260123C14.5 for a 5% upside target, while BTDR20260123C15 provides liquidity and leverage for a longer-term breakout. Watch for a breakdown below $12.73 to trigger short-side plays.

Backtest Bitdeer Stock Performance
The backtest of BTDR's performance following a 15% intraday surge from 2022 to the present indicates favorable short-to-medium-term gains. The 3-Day win rate is 51.99%, the 10-Day win rate is 54.38%, and the 30-Day win rate is 59.15%, suggesting that BTDR tends to exhibit positive returns in the immediate aftermath of such events. The maximum return during the backtest was 17.90% over 30 days, indicating that there is potential for substantial gains following the 15% intraday surge.

Bitdeer at Inflection Point: AI Optimism vs. Legal Risks
Bitdeer’s 14.6% surge reflects a pivotal moment in its AI infrastructure journey, but legal uncertainties loom large. The stock’s technicals and options data suggest a high-volatility environment, with key levels at $14.77 (resistance) and $12.73 (support) acting as critical pivots. While the AI expansion narrative offers long-term upside, the class-action lawsuits could trigger sharp corrections if regulatory scrutiny intensifies. Traders should monitor the $14.5 strike calls for a 5% upside target and watch AMZN’s -2.16% drag as a sector-wide caution signal. For now, Bitdeer remains a high-risk, high-reward play in the AI infrastructure space.