Why Is Bitdeer Stock Price Dropping Today?
The post Why Is Bitdeer Stock Price Dropping Today? appeared on BitcoinEthereumNews.com.
The Bitdeer stock price has extended its decline today, following a double-digit crash yesterday. This comes as the Bitcoin miner looks to raise up to $315 million, with the company planning to use some of the net proceeds to expand its AI business. Bitdeer Stock Drops Over 2%, Extending Decline TradingView data shows that the Bitdeer stock price is down almost 2%, dropping to as low as $7.73. This rebound follows yesterday’s crash, with the stock dropping as much as 17% from a high of almost $10. Source: TradingView; BTDR Daily Chart Yesterday’s crash followed Bitdeer’s announcement of a $300 million convertible senior note offering. The move had raised fears of a stock dilution as holders of these notes could convert the debt into equity, especially if the stock rises. In a press release today, Bitdeer announced that it has upsized this offering to $325 million, a move that has added further selling pressure on the stock’s price. It is worth noting that the Bitdeer stock price rebounded as much as 2% earlier in the day. The relief bounce followed the rise in Bitcoin’s price. In addition to being a BTC miner, Bitdeer is also a Bitcoin treasury company, meaning that Bitcoin’s performance also impacts the stock price. However, the BTDR stock has since lost those gains as BTC also continues to face selling pressure. BTC had climbed to as high as $67,700 on the day following the Supreme Court’s ruling on the Trump tariffs, but is now trading just above this psychological $67,000 level and looks at risk of losing this level. The Symmetric Upside Also Exists Market expert PIF Invest noted that the Bitdeer stock price also has symmetric upside amid dilution concerns. They noted that the Bitcoin miner is building 3 businesses at once, which could benefit…
Filed under: News - @ February 20, 2026 6:27 pm