Bitdeer Technologies (BTDR) Announces $20M Share Buyback

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Bitdeer Announces New US$20,000,000 Share Repurchase Program

February 28, 2025 9:07 AM EST

SINGAPORE, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Bitdeer or the Company) (Nasdaq: BTDR), a world-leading technology company for blockchain and high-performance computing, today announced that it has conducted share repurchase for a total amount of approximately US$9.0 million on February 27, 2025, fully utilizing its US$10,000,000 share repurchase program approved in September 2024. The board of directors of the Company has approved a new share repurchase program to repurchase up to additional US$20,000,000 worth of its Class A ordinary shares (Shares), effective from February 28, 2025 through February 28, 2026.

Under the new share repurchase program, Bitdeer... More