Bitdeer Technologies Group's (NASDAQ:BTDR) CEO, Jihan Wu, is the largest shareholder with a 25% stake, suggesting strong insider ownership and interests in the company's expansion. Institutions own 16% of the company, and 4 investors have a majority stake with 54% ownership. Despite a 3.2% reduction in holdings value, the company's significant insider ownership suggests inherent interests in its expansion.
Bitdeer Technologies Group (BTDR) experienced a notable improvement in its Relative Strength (RS) Rating on Tuesday, rising from 86 to 91 [1]. This metric, provided by IBD, indicates market leadership by comparing a stock's price action over the last 52 weeks against other stocks in the database. The increase suggests that Bitdeer's stock performance has been relatively strong compared to its peers.
The company's CEO, Jihan Wu, holds a significant stake in the company, owning 25% of its shares [2]. This substantial insider ownership, combined with institutional ownership of 16% and majority ownership by four investors at 54%, indicates a strong commitment to Bitdeer's growth and expansion. Despite a 3.2% reduction in holdings value, the significant insider ownership underscores a long-term interest in the company's success.
Bitdeer's recent strategic moves, such as partnering with TSMC to manufacture Application Specific Integrated Circuits (ASICs) for their miners, have positioned the company to potentially mitigate the impact of new U.S. tariffs on the semiconductor industry. TSMC and Samsung, both major chip manufacturers, are exempt from these tariffs due to their investments in American facilities [2]. This exemption is likely to benefit Bitdeer, as it relies on these manufacturers for its ASICs.
Moreover, Bitdeer plans to establish a U.S.-based factory for assembling miners within the next year. This move not only aligns with the company's growth strategy but also positions it to take advantage of the U.S. market and potentially reduce tariff-related costs [2].
The market's reaction to the new tariffs has been relatively positive. The TAIEX, an index of Taiwan's stock market, is set to open trading Friday up 2.3%, with TSMC up 3% and approaching record highs. Even the targets of these tariffs, such as SMIC, are performing well, with a week-over-week gain in Hong Kong, outperforming the Hang Seng index [2].
Bitdeer's stock performance and strategic moves suggest a promising future for the company. With strong insider ownership and a focus on expansion, Bitdeer is well-positioned to navigate the challenges posed by the new tariffs and capitalize on market opportunities.
References:
[1] https://www.investors.com/ibd-data-stories/stocks-with-rising-relative-price-strength-bitdeer-techs/
[2] https://www.coindesk.com/markets/2025/08/08/asia-morning-briefing-btc-mining-industry-not-worried-about-new-round-of-trump-tariffs
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