Bitdeer Technologies Group

BTDR • NASDAQ

Bitdeer Technologies Group is a software - application company in the technology sector on NASDAQ, led by Jihan Wu, with a market cap of $2.9B. As of Q3 2025, 27% of shares are held by 149 institutional investors, with BlackRock, Inc. as the largest holder at 3.21%.

Chief Executive OfficerJihan Wu

Market Cap$2.9B

Software - Application

Technology

Employees211.0

Websitebitdeer.com

Overview

Overview of institutional ownership in BTDR as of Q3 2025 with a market cap of $3.7B

All Institutions

Institutions: 149
Value Held: $970.8M
Shares Held: 56.7M
Avg Position: $6.5M
Median Position: $1.6M

Hedge Funds

Hedge Funds: 33
Value Held: $251.5M
Shares Held: 14.7M
Avg Position: $7.6M
Median Position: $4.8M

Ownership Breakdown

Institutional (non-HF)

19.68%

$719.3M

Hedge Funds

6.88%

$251.5M

Retail & Other

73.44%

$2.7B

Based on market cap of $3.7B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in BTDR as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$117.3M 0.00% of portfolio	3.21% 6.9M shares	Q3 2023 Held for 2y 2m	$5.67T
BARCLAYS PLC Institution	-	$92.1M 0.03% of portfolio	2.52% 5.4M shares	Q3 2024 Held for 1y 2m	$271.65B
FMR LLC Institution	-	$44.3M 0.00% of portfolio	1.21% 2.6M shares	Q2 2025 Held for 5 months	$1.92T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$40.1M 0.00% of portfolio	1.10% 2.3M shares	Q3 2024 Held for 1y 2m	$2.88T
UBS Group AG Institution	Sergio P. Ermotti CEO	$37.5M 0.01% of portfolio	1.03% 2.2M shares	Q3 2023 Held for 2y 2m	$511.54B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$30.1M 0.00% of portfolio	0.82% 1.8M shares	Q3 2023 Held for 2y 2m	$1.33T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$26.3M 0.00% of portfolio	0.72% 1.5M shares	Q3 2023 Held for 2y 2m	$1.57T
S S.A.C. Capital Advisors Ltd. Institution	-	$24.7M 1.20% of portfolio	0.68% 1.4M shares	Q4 2023 Held for 1y 11m	$2.1B
C CastleKnight Management LP Hedge Fund•Event Driven	Aaron Michael Weitman CIO	$24.4M 1.31% of portfolio	0.67% 1.4M shares	Q4 2024 Held for 11 months	$1.9B
Azora Capital LP Hedge Fund•Long/Short	Richard Anthony Reyes CFO	$23.8M 1.10% of portfolio	0.65% 1.4M shares	Q3 2025 Held for 2 months	$2.2B

Net Capital Flow

Institutional buying and selling activity for BTDR in Q3 2025

Net Flow: +$125.9M
Buyers: 69
Sellers: 39
Total Bought: +$267.8M
Total Sold: −$141.9M
Avg Position: $7.0M

Biggest Buyers

Institution	Net Bought	Current Position
FMR LLC Institution	+$44.3M +2.6M shares	$44.3M 2.6M shares
BARCLAYS PLC Institution	+$43.1M +2.5M shares	$92.1M 5.4M shares
S S.A.C. Capital Advisors Ltd. Institution	+$24.7M +1.4M shares	$24.7M 1.4M shares
SUNRISE PARTNERS LIMITED PARTNERSHIP /CT Hedge Fund•Multi-Strategy	+$15.0M +877.2K shares	$15.0M 877.2K shares
G GROUP ONE TRADING, L.P. Institution	+$13.2M +774.3K shares	$14.3M 836.7K shares
SONA ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$13.2M +774.0K shares	$13.2M 774.0K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	+$12.5M +729.3K shares	$16.2M 946.7K shares
C CastleKnight Management LP Hedge Fund•Event Driven	+$11.6M +677.3K shares	$24.4M 1.4M shares
V Value Aligned Research Advisors, LLC Hedge Fund•Long/Short	+$9.3M +546.3K shares	$23.6M 1.4M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$9.1M +529.8K shares	$12.6M 738.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
BANK OF AMERICA CORP /DE/ Institution	−$78.2M −4.6M shares	$30.1M 1.8M shares
VAN ECK ASSOCIATES CORP ETF Provider	−$22.2M −1.3M shares	$14.5M 846.7K shares
LAZARD ASSET MANAGEMENT LLC Long Only Manager	−$14.6M −1.3M shares	Sold Off 0 shares
UBS Group AG Institution	−$10.1M −589.1K shares	$37.5M 2.2M shares
F FengHe Fund Management Pte. Ltd. Institution	−$3.3M −290.7K shares	Sold Off 0 shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$2.0M −118.3K shares	$2.2M 128.7K shares
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	−$1.7M −100.8K shares	$9.7M 567.1K shares
Marshall Wace LLP Institution	−$1.6M −135.7K shares	Sold Off 0 shares
R ROYAL BANK OF CANADA Institution	−$1.1M −66.7K shares	$147.8K 8.7K shares
GOLDMAN SACHS GROUP INC Institution	−$1.0M −60.9K shares	$13.0M 762.8K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited BTDR in Q3 2025

New Positions: 27
New Value: $84.8M
Exited Positions: 12
Exited Value: $20.9M

New Positions

Institution	Position Value
Azora Capital LP Hedge Fund•Long/Short	$23.8M 1.4M shares
S Situational Awareness LP Hedge Fund•Sector	$15.9M 929.6K shares
Merewether Investment Management, LP Hedge Fund•Sector	$10.3M 601.7K shares
N Neuberger Berman Group LLC Institution	$9.0M 526.5K shares
KEYSTONE INVESTORS PTE LTD RIA/Wealth	$7.8M 459.0K shares
B Beryl Capital Management LLC Hedge Fund•Event Driven	$3.4M 200.5K shares
N Neo Ivy Capital Management Hedge Fund•Quant	$3.4M 200.5K shares
IMC-Chicago, LLC RIA/Wealth	$2.1M 121.8K shares
Aquatic Capital Management LLC Hedge Fund•Quant	$2.0M 118.1K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$1.7M 97.4K shares

Exited Positions

Institution	Previous Position
LAZARD ASSET MANAGEMENT LLC Long Only Manager	$14.6M 1.3M shares
F FengHe Fund Management Pte. Ltd. Institution	$3.3M 290.7K shares
Marshall Wace LLP Institution	$1.6M 135.7K shares
Main Management ETF Advisors, LLC Institution	$656.1K 57.2K shares
T TENOR CAPITAL MANAGEMENT Co., L.P. Hedge Fund•Multi-Strategy	$342.1K 29.8K shares
P Phoenix Holdings Ltd. Institution	$273.6K 23.9K shares
E Entropy Technologies, LP Hedge Fund•Quant Macro	$130.7K 11.4K shares
Mount Yale Investment Advisors, LLC RIA/Wealth	$23.0K 2.0K shares
Caitong International Asset Management Co., Ltd RIA/Wealth	$14.1K 1.2K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$5.8K 504.0 shares

Options Activity

Institutions with the largest Call and Put options positions in BTDR as of Q3 2025

Call Positions: 24
Call Value: $218.7M
Put Positions: 23
Put Value: $196.1M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$37.7M 22.1K contracts
SONA ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$30.8M 18.0K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$28.2M 16.5K contracts
SUNRISE PARTNERS LIMITED PARTNERSHIP /CT Hedge Fund•Multi-Strategy	$21.5M 12.6K contracts
J JANE STREET GROUP, LLC Institution	$15.4M 9.0K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$13.7M 8.0K contracts
T Toroso Investments, LLC ETF Provider	$10.0M 5.8K contracts
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$8.8M 5.3K contracts
Centiva Capital, LP Hedge Fund•Multi-Strategy	$7.7M 4.5K contracts
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$6.9M 4.1K contracts

Put Positions

Institution	Position Value
WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$49.1M 28.7K contracts
J JANE STREET GROUP, LLC Institution	$23.4M 13.7K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$21.4M 12.5K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$17.1M 10.0K contracts
BANK OF AMERICA CORP /DE/ Institution	$14.0M 8.2K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$12.2M 7.1K contracts
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$11.6M 6.8K contracts
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	$10.8M 6.3K contracts
Graham Capital Management, L.P. Hedge Fund•Multi-Strategy	$7.4M 4.3K contracts
Caption Management, LLC Hedge Fund•Long/Short	$7.3M 4.3K contracts

Most Committed Institutions

Institutions with BTDR as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
SUNRISE PARTNERS LIMITED PARTNERSHIP /CT Hedge Fund•Multi-Strategy	Ravi Mohan Singh CEO	7.42% $15.0M	0.41% 877.2K shares	Q3 2024 Held for 1y 2m	$202.2M
B Beryl Capital Management LLC Hedge Fund•Event Driven	David Alexander Witkin CEO	6.59% $3.4M	0.09% 200.5K shares	Q3 2025 Held for 2 months	$52.0M
Aurelius Capital Management, LP Hedge Fund•Distressed	Mark David Brodsky Chairman	5.26% $2.9M	0.08% 169.8K shares	Q1 2025 Held for 8 months	$55.2M
Shaolin Capital Management LLC Hedge Fund•Multi-Strategy	David Barry Puritz CIO	3.13% $14.1M	0.39% 823.5K shares	Q3 2024 Held for 1y 2m	$449.9M
SONA ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	John Brian Aylward CEO	1.72% $13.2M	0.36% 774.0K shares	Q3 2024 Held for 1y 2m	$770.4M
C CastleKnight Management LP Hedge Fund•Event Driven	Aaron Michael Weitman CIO	1.31% $24.4M	0.67% 1.4M shares	Q4 2024 Held for 11 months	$1.9B
S S.A.C. Capital Advisors Ltd. Institution	-	1.20% $24.7M	0.68% 1.4M shares	Q4 2023 Held for 1y 11m	$2.1B
Azora Capital LP Hedge Fund•Long/Short	Richard Anthony Reyes CFO	1.10% $23.8M	0.65% 1.4M shares	Q3 2025 Held for 2 months	$2.2B
KEYSTONE INVESTORS PTE LTD RIA/Wealth	Kevin Michael Mccann CCO	0.91% $7.8M	0.21% 459.0K shares	Q3 2025 Held for 2 months	$860.1M
N Neo Ivy Capital Management Hedge Fund•Quant	Ranting Yao CIO	0.84% $3.4M	0.09% 200.5K shares	Q3 2025 Held for 2 months	$410.0M

Hedge Fund Spotlight

Discover hedge funds investing in BTDR

Two Seas Capital LP

Hedge Fund • Event Driven

Portfolio ManagerSina Nmn Toussi

Portfolio Value: $1.7B
Positions: 32
Last Reported: Q3 2025

Sector Allocation

Position in Bitdeer Technologies Group

Market Value: $7.7M
Shares Held: 450.0K
Portfolio Weight: 0.46%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Core Scientific, Inc. CORZ	Software - Infrastructure Technology	$275.6M	16.57%
2 Indivior INDV	Drug Manufacturers - Specialty & Generic Healthcare	$253.3M	15.22%
3 Roivant Sciences ROIV	Biotechnology Healthcare	$177.8M	10.69%