Bitdeer (BTDR) jumps as crypto-linked sentiment improves, with bullish options and heavy short interest adding fuel

Bitdeer Technologies Group (BTDR) is up 6.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to a risk-on day for crypto prices, which often lifts publicly traded mining/infrastructure names. Separately, BTDR’s elevated short interest and signs of call-buying could be amplifying upside via positioning and short-covering dynamics.

Details:

Bitcoin traded higher during the session, improving sentiment for crypto-exposed equities and miners.

BTDR has had a large reported short interest versus its public float, which can increase volatility when the stock starts moving up.

BTDR option flow recently showed unusually heavy activity in near-dated call contracts, a setup that can add upward pressure when dealers hedge.

Recent company updates have emphasized expanding mining and AI-related infrastructure, including new hardware launches and operational scaling, which may be supporting the broader bullish narrative.

Sources:

Fortune, MarketBeat, OptionCharts, Bitdeer Investor Relations

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$BTDR Hedge Fund Activity

We have seen 122 institutional investors add shares of $BTDR stock to their portfolio, and 90 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

SACHEM HEAD CAPITAL MANAGEMENT LP added 9,635,000 shares (+inf%) to their portfolio in Q1 2026, for an estimated $83,342,750
BARCLAYS PLC removed 4,612,823 shares (-51.3%) from their portfolio in Q1 2026, for an estimated $39,900,918
BANK OF AMERICA CORP /DE/ added 3,007,523 shares (+1366.7%) to their portfolio in Q1 2026, for an estimated $26,015,073
AZORA CAPITAL LP added 2,565,629 shares (+328.1%) to their portfolio in Q1 2026, for an estimated $22,192,690
UBS GROUP AG added 2,340,013 shares (+104.2%) to their portfolio in Q1 2026, for an estimated $20,241,112
TWO SEAS CAPITAL LP added 2,223,999 shares (+inf%) to their portfolio in Q1 2026, for an estimated $19,237,591
LONGAEVA PARTNERS L.P. added 1,696,268 shares (+inf%) to their portfolio in Q1 2026, for an estimated $14,672,718

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$BTDR Analyst Ratings

Wall Street analysts have issued reports on $BTDR in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Needham issued a "Buy" rating on 02/13/2026
Rosenblatt issued a "Buy" rating on 01/14/2026

To track analyst ratings and price targets for $BTDR, check out Quiver Quantitative's $BTDR forecast page.

$BTDR Price Targets

Multiple analysts have issued price targets for $BTDR recently. We have seen 7 analysts offer price targets for $BTDR in the last 6 months, with a median target of $23.0.

Here are some recent targets:

Kevin Cassidy from Rosenblatt set a target price of $25.0 on 05/15/2026
John Todaro from Needham set a target price of $19.0 on 05/15/2026
Brett Knoblauch from Cantor Fitzgerald set a target price of $15.0 on 05/15/2026
Nick Giles from B. Riley Securities set a target price of $23.0 on 05/15/2026
Mike Colonnese from HC Wainwright & Co. set a target price of $25.0 on 02/12/2026
Mark Palmer from Benchmark set a target price of $27.0 on 02/10/2026
Stephen Glagola from Keefe, Bruyette & Woods set a target price of $14.0 on 01/27/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.