0001140361-24-041606 | 6-K | XBRL Viewer | Bitdeer Technologies Group

CRYPTOCURRENCIES, Group's Cryptocurrencies (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Cryptocurrencies [Abstract]
USDC	$ 3	$ 35
Total cryptocurrencies	$ 24,913	$ 15,336	$ 10,186	$ 2,086

Document and Entity Information	6 Months Ended
Jun. 30, 2024
Cover [Abstract]
Document Type	6-K
Amendment Flag	false
Document Period End Date	Jun. 30, 2024
Current Fiscal Year End Date	--12-31
Entity Registrant Name	BITDEER TECHNOLOGIES GROUP
Entity Central Index Key	0001899123

Label

Element

Value

Other miscellaneous gains (losses)

btdr_OtherMiscellaneousGainsLosses

$ (271,000)

Other miscellaneous gains (losses)

btdr_OtherMiscellaneousGainsLosses

(610,000)

Set-off of deferred tax assets positions relate to income taxes levied by same tax authority

btdr_SetOffOfDeferredTaxAssetsPositionsRelateToIncomeTaxesLeviedBySameTaxAuthority

6,520,000

Set-off of deferred tax assets positions relate to income taxes levied by same tax authority

btdr_SetOffOfDeferredTaxAssetsPositionsRelateToIncomeTaxesLeviedBySameTaxAuthority

$ 8,022,000

Weighted average fair value of share options vested and exercisable in share-based payment arrangement

btdr_WeightedAverageFairValueOfShareOptionsVestedAndExercisableInShareBasedPaymentArrangement

$ 23.63

Weighted average fair value of share options vested and exercisable in share-based payment arrangement

btdr_WeightedAverageFairValueOfShareOptionsVestedAndExercisableInShareBasedPaymentArrangement

$ 24.57

Lease related expenses

btdr_LeaseRelatedExpenses

$ 5,793,000

Lease related expenses

btdr_LeaseRelatedExpenses

4,856,000

Deferred tax assets before set off deferred tax position related to income taxes levied by same tax authority

btdr_DeferredTaxAssetsBeforeSetOffDeferredTaxPositionRelatedToIncomeTaxesLeviedBySameTaxAuthority

Deferred tax assets before set off deferred tax position related to income taxes levied by same tax authority

btdr_DeferredTaxAssetsBeforeSetOffDeferredTaxPositionRelatedToIncomeTaxesLeviedBySameTaxAuthority

136,000

Deferred tax assets before set off deferred tax position related to income taxes levied by same tax authority

btdr_DeferredTaxAssetsBeforeSetOffDeferredTaxPositionRelatedToIncomeTaxesLeviedBySameTaxAuthority

3,929,000

Deferred tax assets before set off deferred tax position related to income taxes levied by same tax authority

btdr_DeferredTaxAssetsBeforeSetOffDeferredTaxPositionRelatedToIncomeTaxesLeviedBySameTaxAuthority

3,573,000

Deferred tax assets before set off deferred tax position related to income taxes levied by same tax authority

btdr_DeferredTaxAssetsBeforeSetOffDeferredTaxPositionRelatedToIncomeTaxesLeviedBySameTaxAuthority

4,184,000

Deferred tax assets before set off deferred tax position related to income taxes levied by same tax authority

btdr_DeferredTaxAssetsBeforeSetOffDeferredTaxPositionRelatedToIncomeTaxesLeviedBySameTaxAuthority

4,184,000

Deferred tax assets before set off deferred tax position related to income taxes levied by same tax authority

btdr_DeferredTaxAssetsBeforeSetOffDeferredTaxPositionRelatedToIncomeTaxesLeviedBySameTaxAuthority

1,933,000

Deferred tax assets before set off deferred tax position related to income taxes levied by same tax authority

btdr_DeferredTaxAssetsBeforeSetOffDeferredTaxPositionRelatedToIncomeTaxesLeviedBySameTaxAuthority

1,120,000

Deferred tax assets before set off deferred tax position related to income taxes levied by same tax authority

btdr_DeferredTaxAssetsBeforeSetOffDeferredTaxPositionRelatedToIncomeTaxesLeviedBySameTaxAuthority

10,046,000

Deferred tax assets before set off deferred tax position related to income taxes levied by same tax authority

btdr_DeferredTaxAssetsBeforeSetOffDeferredTaxPositionRelatedToIncomeTaxesLeviedBySameTaxAuthority

$ 9,013,000

Number of votes granted per share

btdr_NumberOfVotesGrantedPerShare

Number of votes granted per share

btdr_NumberOfVotesGrantedPerShare

Proceeds from issuance of ordinary shares and warrants

btdr_ProceedsFromIssuanceOfOrdinarySharesAndWarrants

$ 155,692,000

Proceeds from issuance of ordinary shares and warrants

btdr_ProceedsFromIssuanceOfOrdinarySharesAndWarrants

Additions, cryptocurrencies

btdr_AdditionsCryptocurrencies

184,296,000

Additions, cryptocurrencies

btdr_AdditionsCryptocurrencies

133,520,000

Additions, cryptocurrencies

btdr_AdditionsCryptocurrencies

(823,000)

Additions, cryptocurrencies

btdr_AdditionsCryptocurrencies

Additions, cryptocurrencies

btdr_AdditionsCryptocurrencies

180,185,000

Additions, cryptocurrencies

btdr_AdditionsCryptocurrencies

127,589,000

Additions, cryptocurrencies

btdr_AdditionsCryptocurrencies

(823,000)

Additions, cryptocurrencies

btdr_AdditionsCryptocurrencies

$ 0

Disclosure of other net gain/(loss) [Table Text Block]

btdr_DisclosureOfOtherNetGainLossTableTextBlock

	Periods ended June 30,
In thousands of USD	2024			2023
Changes in fair value of financial assets at fair value through profit or loss		1,440			2,238
Net gains / (losses) on disposal of property, plant and equipment		26			(51	)
Government grants		15			31
Change in fair value of derivative liabilities		(14,230	)		-
Others		(271	)		(610	)
Total		(13,020	)		1,608

(Recognition) / reversal of impairment loss of cryptocurrencies

btdr_RecognitionReversalOfImpairmentLossOfCryptocurrencies

$ (823,000)

(Recognition) / reversal of impairment loss of cryptocurrencies

btdr_RecognitionReversalOfImpairmentLossOfCryptocurrencies

$ 1,000

Operating lease term

btdr_OperatingLeaseTerm

1 year 6 months

Operating lease term

btdr_OperatingLeaseTerm

12 years

Purchase of computer equipment

btdr_PurchaseOfComputerEquipment

$ 1,738,000

Purchase of computer equipment

btdr_PurchaseOfComputerEquipment

62,510,000

Prepayments of income tax

btdr_PrepaymentsOfIncomeTax

2,084,000

Prepayments of income tax

btdr_PrepaymentsOfIncomeTax

$ 15,000

Issuance of shares as consideration for business acquisition

btdr_IssuanceOfSharesAsConsiderationForBusinessAcquisition

417,130

Issuance of shares as consideration for business acquisition

btdr_IssuanceOfSharesAsConsiderationForBusinessAcquisition

Issuance of share options as consideration for business acquisition

btdr_IssuanceOfShareOptionsAsConsiderationForBusinessAcquisition

$ 0

Issuance of share options as consideration for business acquisition

btdr_IssuanceOfShareOptionsAsConsiderationForBusinessAcquisition

Issuance of share options as consideration for business acquisition

btdr_IssuanceOfShareOptionsAsConsiderationForBusinessAcquisition

Issuance of share options as consideration for business acquisition

btdr_IssuanceOfShareOptionsAsConsiderationForBusinessAcquisition

Issuance of share options as consideration for business acquisition

btdr_IssuanceOfShareOptionsAsConsiderationForBusinessAcquisition

504,000

Issuance of share options as consideration for business acquisition

btdr_IssuanceOfShareOptionsAsConsiderationForBusinessAcquisition

504,000

Cost of computer equipment sold

btdr_CostOfComputerEquipmentSold

Cost of computer equipment sold

btdr_CostOfComputerEquipmentSold

$ 4,000

Issue of equity shares

btdr_IssueOfEquityShares

11,128,861

Issue of equity shares

btdr_IssueOfEquityShares

26,541,080

Issue of equity shares

btdr_IssueOfEquityShares

One-off incremental development expense

btdr_OneOffIncrementalDevelopmentExpense

$ 14,878,000

One-off incremental development expense

btdr_OneOffIncrementalDevelopmentExpense

Net assets or liabilities transferred for pre-existing debtor relationship

btdr_NetAssetsOrLiabilitiesTransferredForPreExistingDebtorRelationship

(10,061,000)

^[1]

Net gain (loss) on disposal of computer equipment

btdr_NetGainLossOnDisposalOfMiningMachines

Net gain (loss) on disposal of computer equipment

btdr_NetGainLossOnDisposalOfMiningMachines

$ (572,000)

Share-based payment arrangement, expensed and capitalized, amount [Table Text Block]

btdr_ShareBasedPaymentArrangementExpensedAndCapitalizedAmountTableTextBlock

The expense recognized for share awards during the six months ended June 30, 2024 and 2023 was approximately US$15.9 million and US$21.8 million. The breakdown is as follows:

	Periods ended June 30,
In thousands of USD	2024		2023
Cost of revenue		1,340		2,576
General and administrative expenses		9,172		11,299
Research and development expenses		4,367		6,107
Selling expenses		1,017		1,865
Total		15,896		21,847

Listing fee

btdr_ListingFee

$ 0

Listing fee

btdr_ListingFee

33,151,000

Listing fee

btdr_ListingFee

$ 33,151,000

Share-based compensation arrangement by share-based payment award, award expiration period

btdr_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardExpirationPeriod

10 years

Share-based compensation arrangement by share-based payment award, award expiration period

btdr_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardExpirationPeriod

10 years

Disposals cryptocurrencies

btdr_DisposalsCryptocurrencies

$ (173,928,000)

Disposals cryptocurrencies

btdr_DisposalsCryptocurrencies

(125,360,000)

Disposals cryptocurrencies

btdr_DisposalsCryptocurrencies

Disposals cryptocurrencies

btdr_DisposalsCryptocurrencies

1,000

Disposals cryptocurrencies

btdr_DisposalsCryptocurrencies

(169,785,000)

Disposals cryptocurrencies

btdr_DisposalsCryptocurrencies

(119,490,000)

Disposals cryptocurrencies

btdr_DisposalsCryptocurrencies

Disposals cryptocurrencies

btdr_DisposalsCryptocurrencies

1,000

Contract liabilities excluding related parties

btdr_ContractLiabilitiesExcludingRelatedParties

87,104,000

Contract liabilities excluding related parties

btdr_ContractLiabilitiesExcludingRelatedParties

144,337,000

Residual net transaction amount

btdr_ResidualNetTransactionAmount

87,400,000

Business combination purchase consideration before pre-existing adjustments

btdr_BusinessCombinationPurchaseConsiderationBeforePreExistingAdjustments

32,952,000

Change in fair value of cryptocurrencies settled receivables and payables

btdr_ChangeInFairValueOfCryptocurrenciesSettledReceivablesAndPayables

32,000

Change in fair value of cryptocurrencies settled receivables and payables

btdr_ChangeInFairValueOfCryptocurrenciesSettledReceivablesAndPayables

$ 0

Share-based compensation arrangement by share based payment award vesting period

btdr_ShareBasedCompensationArrangementByShareBasedPaymentAwardVestingPeriod

3 years

Share-based compensation arrangement by share based payment award vesting period

btdr_ShareBasedCompensationArrangementByShareBasedPaymentAwardVestingPeriod

5 years

Business combination, exchange ratio

btdr_BusinessCombinationExchangeRatio

Business combination, exchange ratio

btdr_BusinessCombinationExchangeRatio

0.00858

Business combination, exchange ratio

btdr_BusinessCombinationExchangeRatio

0.00858

Business combination, exchange ratio

btdr_BusinessCombinationExchangeRatio

0.00858

Business combination, exchange ratio

btdr_BusinessCombinationExchangeRatio

0.00858

Set-off of deferred tax liabilities positions relate to income taxes levied by same tax authority

btdr_SetOffOfDeferredTaxLiabilitiesPositionsRelateToIncomeTaxesLeviedBySameTaxAuthority

$ 6,520,000

Set-off of deferred tax liabilities positions relate to income taxes levied by same tax authority

btdr_SetOffOfDeferredTaxLiabilitiesPositionsRelateToIncomeTaxesLeviedBySameTaxAuthority

$ 8,022,000

Business combination, price per share

btdr_BusinessCombinationPricePerShare

$ 10

Contract liabilities from related party

btdr_ContractLiabilitiesFromRelatedParty

$ 32,777,000

Contract liabilities from related party

btdr_ContractLiabilitiesFromRelatedParty

Prepayments and other assets recognised as of acquisition date

btdr_PrepaymentsAndOtherAssetsRecognisedAsOfAcquisitionDate

48,000

Prepayments and other assets recognised as of acquisition date

btdr_PrepaymentsAndOtherAssetsRecognisedAsOfAcquisitionDate

2,690,000

Trade receivables recognised as of acquisition date

btdr_TradeReceivablesRecognisedAsOfAcquisitionDate

49,000

Net gain / (losses) on disposal of cryptocurrencies

btdr_NetGainLossesOnDisposalOfCryptocurrencies

3,981,000

Net gain / (losses) on disposal of cryptocurrencies

btdr_NetGainLossesOnDisposalOfCryptocurrencies

$ 471,000

Lessee, Term of Contract

btdr_LesseeTermOfContract

2 years

Lessee, Term of Contract

btdr_LesseeTermOfContract

30 years

Right of use assets recognised as of acquisition date

btdr_RightOfUseAssetsRecognisedAsOfAcquisitionDate

$ 122,000

Cryptocurrency transaction service fee

btdr_CryptocurrencyTransactionServiceFee

25,000

Cryptocurrency transaction service fee

btdr_CryptocurrencyTransactionServiceFee

37,000

Mining machines

btdr_MiningMachines

55,126,000

Mining machines

btdr_MiningMachines

63,477,000

btdr_NetPaymentRelatedToBusinessCombination

7,651,000

btdr_NetPaymentRelatedToBusinessCombination

$ 7,700,000

Increase (decrease) of issuance of shares through business combination

btdr_IncreaseDecreaseOfIssuanceOfSharesThroughBusinessCombination

2,607,498

Increase (decrease) of issuance of shares through business combination

btdr_IncreaseDecreaseOfIssuanceOfSharesThroughBusinessCombination

Number of operating segment

btdr_NumberOfOperatingSegment

Borrowings, undiscounted cash flows