Shares of Bitdeer Technologies Group (BTDR) soared 6.96% in pre-market trading on Monday, as investors eagerly await the company's third-quarter earnings report scheduled for release at 7:00 AM. The significant uptick in stock price suggests that market participants are optimistic about the upcoming financial results.

Bitdeer Technologies Group, a key player in the cryptocurrency mining industry, has attracted considerable attention as the crypto market continues to evolve. The pre-market rally indicates that investors may be positioning themselves ahead of what they anticipate to be positive earnings news.

Analysts have estimated an earnings per share (EPS) of -$0.16 for the quarter. However, the strong pre-market movement suggests that some investors may be expecting results to surpass these projections. As always, it's important for investors to approach such pre-earnings movements with caution, as the actual results may differ from expectations.