BTDR is trading 4.1% down today at $12.35 as part of a broader pullback in risk assets and weakness across the cryptocurrency market.
- Major indices including the S&P 500 and Nasdaq are trading lower, while Bitcoin and other large-cap cryptocurrencies have fallen more than 3% since the last close.
- There is no fresh company-specific news today; the stock remains under pressure following Bitdeer’s recent convertible notes and share offering announcement which continues to weigh on sentiment.