Bitdeer Technologies (BTDR) Beginning Cash Balance (2023 - 2025)
Bitdeer Technologies' Beginning Cash Balance was $196.25 million in Q4 2025, down 32.6% from $291.31 million a year earlier and down 34.5% from the prior quarter.
Bitdeer Technologies (BTDR) Beginning Cash Balance (2023 - 2025) Analysis & Trends
For FY2025, Beginning Cash Balance at Bitdeer Technologies came in at $476.27 million, up 229.1% from FY2024.
- Beginning Cash Balance shows a five-year compound annual growth rate of 51.4% (FY2020 to FY2025).
- In earlier years, Beginning Cash Balance was $144.73 million in FY2024 (-37.4%), $231.36 million in FY2023 (-37.8%), $372.09 million in FY2022 (+731.4%) and $44.75 million in FY2021 (-25.2%).
- The Q4 2025 figure marks the lowest quarterly Beginning Cash Balance since Q2 2024.
- Compared with a year earlier, Beginning Cash Balance was higher in five of the last six quarters, with growth averaging 83.1%.
- Per Business Quant data, BTDR's Beginning Cash Balance in the three quarters before Q4 2025 was $299.79 million (Q3 2025), $215.64 million (Q2 2025) and $476.27 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 49.17 Bn | 5.98 Bn | - |
| 2 | PayPal Holdings | 45.28 Bn | 3.51 Bn | - |
| 3 | Block | 44.18 Bn | 15.44 Bn | 3.17 Bn |
| 4 | Iren | 31.11 Bn | 18.70 Bn | 103.89 Mn |
| 5 | Corpay | 25.52 Bn | 15.72 Bn | - |
| 6 | Fiserv | 24.03 Bn | 20.73 Bn | 2.90 Bn |
| 7 | Global Payments | 21.72 Bn | 155.29 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.32 Bn | 12.70 Bn | 40.81 Mn |
| 9 | Guidewire Software | 11.69 Bn | 8.26 Bn | 269.68 Mn |
| 10 | Bitdeer Technologies | 2.47 Bn | 1.39 Bn | -8.53 Mn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 196.25 Mn |
| Sep 30, 2025 | 299.79 Mn |
| Jun 30, 2025 | 215.64 Mn |
| Mar 31, 2025 | 476.27 Mn |
| Dec 31, 2024 | 291.31 Mn |
| Sep 30, 2024 | 203.88 Mn |
| Jun 30, 2024 | 118.46 Mn |
| Mar 31, 2024 | 144.73 Mn |
| Dec 31, 2023 | 134.51 Mn |
| Sep 30, 2023 | 130.20 Mn |
Bitdeer Technologies Beginning Cash Balance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=BTDR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "beginning-cash-balance", "ticker": "BTDR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=BTDR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();