On July 7, Bitdeer Technologies declined 8.21% in regular trading, trading at $12.97/share, with turnover of $25.55 million.

On the news front, the computing power rental sector came under renewed pressure after a brief rebound proved unsustainable. Meta's announced plans to enter the AI computing cloud services market triggered a sector-wide selloff in early July, with Bitdeer accumulating over 17% in losses from July 1 to July 3. Although the sector staged an oversold bounce on July 6 with Bitdeer rising 8.09%, the recovery failed to hold. Peer stock IREN Ltd fell 8.93% on the same day, confirming broad sector weakness driven by shifting competitive dynamics.

Additionally, the company's previously announced colocation lease agreement for its AI data center in Tydal, Norway has not yet become effective and remains subject to external preconditions, providing limited near-term fundamental support.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)