Bitdeer Technologies Group (BTDR) Plummets 7.87%: What’s Fueling the Sudden Selloff?

Summary
• Bitdeer’s stock slumps to $18.84, a 7.87% drop from its $20.45 open
• Institutional investors boosted stakes in Q1, with Goldman Sachs and Deutsche Bank leading the charge
• Analysts raised price targets to $25–$40, yet the stock remains 22% below its 52-week high of $26.99

Bitdeer Technologies Group (BTDR) is under pressure as its shares trade near intraday lows of $18.00, marking a sharp reversal from its recent institutional optimism. The selloff coincides with a broader IT Services sector correction, though BTDR’s decline outpaces peers. With a dynamic PE of 7.7 and a beta of 2.25, the stock’s volatility reflects its exposure to crypto mining’s cyclical nature and its pivot to AI hosting.

Institutional Uncertainty and AI Diversification Spark Volatility
The selloff stems from a mix of short-term profit-taking and skepticism over Bitdeer’s AI hosting pivot. While institutional investors like Goldman Sachs and Deutsche Bank added to their stakes in Q1, the stock’s sharp drop suggests traders are hedging against near-term risks. Recent news highlights Bitdeer’s expansion into AI infrastructure, but analysts warn that this shift does not immediately address its core challenges: rising operational costs and earnings volatility. The stock’s 7.87% decline also reflects broader market jitters over crypto mining’s profitability amid Bitcoin’s price fluctuations and regulatory uncertainties.

IT Services Sector Volatility as IBM Slides 1.49%
The IT Services sector is mixed, with IBM (IBM) down 1.49% as of 14:07 ET. While Bitdeer’s decline is steeper, the sector’s broader weakness underscores investor caution. IBM’s drop reflects concerns over AI infrastructure oversupply, a theme that could ripple into Bitdeer’s AI hosting ambitions. However, Bitdeer’s beta of 2.25 indicates it remains more sensitive to market swings than its sector peers, amplifying its current volatility.

Options Playbook: Capitalizing on BTDR’s Volatility
• MACD: 1.38 (above signal line 1.297), RSI: 62.95 (neutral), Bollinger Bands: 21.28 (upper), 18.06 (middle), 14.83 (lower)
• 200-day MA: $14.01 (well below current price), 30-day MA: $16.65 (support zone)

Bitdeer’s technicals suggest a short-term bearish bias, with the 18.05–18.84 range acting as a critical battleground. The RSI at 62.95 indicates no overbought conditions, but the stock’s proximity to its 200-day MA ($14.01) raises concerns about a deeper pullback. Traders should monitor the 18.50 level, where two key options contracts (BTDR20251017P18.5 and BTDR20251017C18.5) are highly liquid.

Top Options Picks:
• BTDR20251017P18.5 (Put):
- Strike: $18.50, Expiration: 10/17/2025
- IV: 166.52% (extreme volatility), Delta: -0.37 (moderate sensitivity), Theta: -0.0768 (time decay), Gamma: 0.1123 (price sensitivity), Turnover: 955
- Payoff (5% downside): $0.34 per contract (max(0, 18.50 - 17.90))
- Why it stands out: High IV and liquidity make this put ideal for a bearish bet if the stock breaks below $18.50.
• BTDR20251017C20 (Call):
- Strike: $20.00, Expiration: 10/17/2025
- IV: 133.44% (elevated), Delta: 0.427 (moderate leverage), Theta: -0.2076 (aggressive time decay), Gamma: 0.1455 (high sensitivity), Turnover: 7,593
- Payoff (5% downside): $0.00 (max(0, 18.84 - 20.00))
- Why it stands out: High gamma and turnover make this call a speculative play for a rebound above $20.00.

Hook: Aggressive bears should target BTDR20251017P18.5 if the stock closes below $18.50; bulls may chase the C20 call if a bounce above $20.00 materializes.

Backtest Bitdeer Stock Performance
The intraday-plunge event study for Bitdeer (BTDR.O) has been completed.Below is an interactive module – please open it to view:Key analytical takeaways (high-level):• Sample size: 131 events between Apr-2023 and Sep-2025. • 1-day to 30-day post-event average return stays within −0.1 % to +10 %, trailing the benchmark most of the time and never statistically significant. • Win-rate hovers around 45-53 %, indicating no reliable edge from buying immediately after an −8 % intraday plunge.Feel free to explore the charts for detailed distribution, cumulative P&L curves, and optimal holding-day tables.

Act Now: BTDR’s Volatility Presents Strategic Entry Points
Bitdeer’s 7.87% drop has created a high-risk, high-reward scenario for traders. While the stock’s AI pivot and institutional backing offer long-term potential, near-term risks—like crypto mining’s cyclical nature and rising costs—remain unaddressed. The 18.05–18.84 range is critical: a break below 18.05 could trigger a test of the 14.83 Bollinger Band support, while a rebound above 19.12 (intraday high) may reignite bullish momentum. Investors should also watch IBM’s 1.49% decline as a sector barometer. For now, the options market favors volatility plays, with the P18.5 and C20 contracts offering the most liquidity and leverage. Action: Short-term traders should prioritize the P18.5 put if the stock dips below $18.50; long-term investors may consider averaging down into the 16.65–18.05 range.