Bitdeer Technologies Authorizes $100 Million Share Repurchase Program Following Completion of Prior Buyback

Bitdeer (NASDAQ: BTDR) Technologies Group, a Singapore-based technology firm, filed a Form 6-K with the U.S. Securities and Exchange Commission disclosing a significant expansion of its capital return strategy. The company's board of directors approved the repurchase of up to US$100 million in Class A ordinary shares over a two-year period ending October 7, 2028.

The new authorization follows the total exhaustion of a prior US$40 million share repurchase program that was originally adopted in May 2025. By authorizing the new $100 million limit, the company has more than doubled its previous buyback capacity. The filing, signed by Chairman and Chief Executive Officer Jihan Wu, indicates that the board intends to execute these repurchases as market conditions permit.

This capital allocation decision comes as Bitdeer continues to expand its operations.

The Form 6-K also serves to incorporate this repurchase program by reference into several existing registration statements, including multiple F-3 forms and S-8 forms filed between 2023 and 2026. This regulatory step ensures that the buyback program is integrated into the company's broader financial reporting and shelf registration framework.

Bitdeer maintains its principal executive offices at Aperia Tower 1 in Singapore. The company did not disclose a specific schedule or minimum purchase requirement for the shares, leaving the timing and volume of actual repurchases to the discretion of management within the authorized two-year window.