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Bitdeer Technologies Group (Bitdeer Technologies Group) Research & Development : $44.4 Mil (TTM As of Mar. 2024)


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What is Bitdeer Technologies Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Bitdeer Technologies Group's Research & Development for the three months ended in Mar. 2024 was $21.2 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $44.4 Mil.

Bitdeer Technologies Group Research & Development Historical Data

The historical data trend for Bitdeer Technologies Group's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bitdeer Technologies Group Research & Development Chart

Bitdeer Technologies Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
4.75 9.79 29.50 35.43 29.53

Bitdeer Technologies Group Quarterly Data
Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.29 6.43 8.50 8.31 21.16

Bitdeer Technologies Group Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $44.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bitdeer Technologies Group  (NAS:BTDR) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Bitdeer Technologies Group Research & Development Related Terms

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Bitdeer Technologies Group (Bitdeer Technologies Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Bitdeer Technologies Group (NAS:BTDR) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
08 Kallang Avenue, Aperia tower 1, No. 09-03/04, Singapore, SGP, 339509
Website
https://www.bitdeer.com
Bitdeer Technologies Group is principally engaged in provision of digital asset mining services. Its major business segments are: proprietary mining, cloud hash rate sharing and cloud hosting. The company operates five proprietary mining datacenters in the United States and Norway.