Bitdeer Technologies is trading 6.4% up at $9.25, rebounding from the August 10 earnings-and-dilution selloff.
- The earlier decline followed mixed second-quarter results and disclosure of a potential $1 billion ATM share offering, raising dilution concerns.
- No fresh company-specific catalyst was identified for August 12.
- The Nasdaq is up 0.78%, while Bitcoin is up 0.49% and Ethereum 1.34% since the previous close.