Bitdeer Technologies Group (BTDR) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
BTDR currently has 192M outstanding shares. with moderate dilution risk from 41.8M authorized shares representing 21.8% potential dilution. The company has significantly diluted shareholders by 173.51% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Aug 26, 2025 |
F-3 filing: Resale of up to 186,627 Class A ordinary shares issued upon the exercise of a warrant held by the selling securityholder. |
190M | 42M |
| Apr 21, 2025 |
20-F filing | 192.3M shares outstanding |
190M | 42M |
| Dec 11, 2024 |
F-3 filing: Bitdeer Technologies Group files an F-3 form to register the offering of up to US$1,000,000,000 of any combination of our ordinary shares, debt securities and warrants. |
70M | 160M |
| Jun 07, 2024 |
F-3 filing: F-3 filing for Bitdeer Technologies Group relating to the resale or disposition of up to 23,587,360 Class A Ordinary Shares. |
70M | 110M |
| Apr 23, 2024 |
POS AM filing: This prospectus relates to the resale from time to time of up to 150,000,000 Class A ordinary shares of Bitdeer Technologies Group by B. Riley Principal Capital II, LLC. |
70M | 87M |
| Mar 28, 2024 |
POS AM filing: This is a POS AM filing for Bitdeer Technologies Group relating to the resale from time to time of up to 150,000,000 Class A ordinary shares by B. Riley Principal Capital II, with the company potentially receiving up to US$150,000,000 in aggregate gross proceeds under the Purchase Agreement. |
67M | 90M |
| Mar 28, 2024 |
20-F filing | 112.0M shares outstanding |
110M | 46M |
| Mar 18, 2024 |
F-3 filing: Bitdeer Technologies Group may offer and sell up to US$750,000,000 of any combination of ordinary shares, debt securities and warrants from time to time, in one or more offerings. |
63M | 95M |
| Mar 18, 2024 |
F-3 filing: This F-3 filing relates to the resale of up to 63,726,338 Class A ordinary shares by selling securityholders, as well as the potential sale of shares through an equity financing agreement with B. Riley Principal Capital II and an at-the-market offering. |
67M | 90M |
| Oct 10, 2023 |
POS AM filing: This prospectus relates to the resale from time to time of up to 150,000,000 Class A ordinary shares of Bitdeer Technologies Group by B. Riley Principal Capital II, LLC, from time to time after the date of this prospectus, pursuant to an Ordinary Share Purchase Agreement, dated as of August 8, 2023. |
63M | 0 |
| Aug 11, 2023 |
F-1 filing: F-1 filing for the offering of Class A Ordinary Shares to B. Riley Principal Capital II under the Purchase Agreement, with the possibility of receiving up to US$150,000,000 in aggregate gross proceeds, to be used for working capital and general corporate purposes. |
63M | 87M |
| Apr 28, 2023 |
20-F filing | 0.0M shares outstanding |
1 | 0 |