Bitdeer Technologies Group-A

Bitdeer (BTDR) shares surged 15% after expanding AI capacity, but the growth narrative hinges on unsecured contracts. Q2 revenue rose 47% to $228.8M, though gross profit turned negative.

Bitcoin's rebound to the $75,500 miner cash-cost line boosts margins but doesn't reverse the industry's pivot to AI. Long-term AI leases and higher returns keep capacity committed.

MARA stock gains 4.5% as $2.1B bitcoin holdings and Long Ridge power deal shape investor focus ahead of a short trading week.

MARA Holdings dropped 11.2% on Friday, ending a week of steep losses as bitcoin and tech stocks sold off. The company faces headwinds from its $1.1 billion bitcoin sale and a costly power deal.

Marathon Digital shares advanced following a $1 billion convertible note buyback funded by a bitcoin sale, contrasting with declines across several mining stocks as the industry grapples with rising costs and a strategic shift toward artificial intelligence.