RESOLVING THE LEDGER
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Bitdeer Technologies Group (NASDAQ: BTDR) , one of a clutch of cryptocurrency mining companies attempting to lean into its data center operations business, reported earnings earlier this week. The company missed analyst estimates on both the top and bottom lines; what's more, it announced a potentially huge secondary share issue.
Neither of these developments did the stock any favors. It was down by almost 20% week to date as of early Friday morning, according to data compiled by S&P Global Market Intelligence .
On Monday, Bitdeer both published its second-quarter figures and announced that aim to raise equity.
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