Bitdeer Technologies Group's (NASDAQ:BTDR) CEO Jihan Wu is the most upbeat insider, and their holdings increased by 11% last week

In This Article:

Key Insights

  • Bitdeer Technologies Group's significant insider ownership suggests inherent interests in company's expansion

  • The top 3 shareholders own 60% of the company

  • Ownership research along with analyst forecasts data help provide a good understanding of opportunities in a stock

A look at the shareholders of Bitdeer Technologies Group (NASDAQ:BTDR) can tell us which group is most powerful. We can see that individual insiders own the lion's share in the company with 60% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

As a result, insiders were the biggest beneficiaries of last week’s 11% gain.

Let's delve deeper into each type of owner of Bitdeer Technologies Group, beginning with the chart below.

See our latest analysis for Bitdeer Technologies Group

ownership-breakdown
NasdaqCM:BTDR Ownership Breakdown June 20th 2024

What Does The Institutional Ownership Tell Us About Bitdeer Technologies Group?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

Since institutions own only a small portion of Bitdeer Technologies Group, many may not have spent much time considering the stock. But it's clear that some have; and they liked it enough to buy in. So if the company itself can improve over time, we may well see more institutional buyers in the future. When multiple institutional investors want to buy shares, we often see a rising share price. The past revenue trajectory (shown below) can be an indication of future growth, but there are no guarantees.

earnings-and-revenue-growth
NasdaqCM:BTDR Earnings and Revenue Growth June 20th 2024

We note that hedge funds don't have a meaningful investment in Bitdeer Technologies Group. Looking at our data, we can see that the largest shareholder is the CEO Jihan Wu with 35% of shares outstanding. In comparison, the second and third largest shareholders hold about 14% and 11% of the stock.

After doing some more digging, we found that the top 3 shareholders collectively control more than half of the company's shares, implying that they have considerable power to influence the company's decisions.

While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

Insider Ownership Of Bitdeer Technologies Group

The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.