Early tests of a prototype show a power efficiency of 9.7 J/TH.

SINGAPORE, March 10, 2025 — Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company“), a leading global technology firm in blockchain and high-performance computing, has announced successful testing of its latest Bitcoin mining chip, the SEAL03, after its tape-out.

The SEAL03 chip demonstrated an exceptional power efficiency ratio of 9.7 J/TH during verification and prototype testing while operating in a low-voltage, ultra-power-saving mode. This achievement aligns with the performance targets set in the SEALMINER technology roadmap. The SEAL03 utilizes a cutting-edge process node in collaboration with TSMC, a world-renowned semiconductor manufacturer.

Matt Kong, Chief Business Officer at Bitdeer, stated, “We are very pleased that the SEAL03 has reached a crucial performance milestone following prototype testing. Our strong commitment to R&D is enabling innovative solutions that are establishing new performance standards that will benefit the broader mining industry.”

The SEAL03 will be incorporated into the Company’s upcoming SEALMINER A3 series mining machines, with mass production expected to begin in the second half of this year. Furthermore, R&D efforts on the future SEAL04 chip are ongoing, consistent with the Company’s product release schedule.

With a dedicated team of expert R&D engineers, Bitdeer will continue to collaborate with its customers to enhance the security of the Bitcoin decentralized network.

About Bitdeer Technologies Group

Bitdeer is a world-leading technology company focused on blockchain and high-performance computing, offering comprehensive computing solutions to its clients. The Company manages the complex aspects of computing, including equipment sourcing, logistics, data center design and construction, equipment management, and daily operations. Additionally, the Company provides advanced cloud solutions for clients with significant artificial intelligence requirements. Headquartered in Singapore, Bitdeer operates data centers in the United States, Norway, and Bhutan. For more information, please visit or follow Bitdeer on X @ and LinkedIn @.

Investors and other interested parties should be aware that Bitdeer may disclose important information via its website and/or its social media accounts on platforms such as X (formerly Twitter), Facebook, and LinkedIn. Therefore, Bitdeer encourages investors and others to monitor the information posted on its social media channels and other communication platforms listed on its website.

About SEALMINER

SEALMINER, a leading brand of Bitcoin mining machines from Bitdeer Technologies Group (NASDAQ: BTDR), focuses on delivering efficient and sustainable mining solutions. SEALMINER uses Bitdeer’s in-house developed SEAL series of mining chips, which are produced using advanced process nodes. By consistently improving power efficiency, SEALMINER aims to provide innovative, efficient, and reliable products and services to its customers worldwide.

Forward-Looking Statements

This press release contains statements regarding future expectations, plans, and prospects, as well as other statements concerning matters that are not historical facts, which may be considered “forward-looking statements” under The Private Securities Litigation Reform Act of 1995. Terms like “anticipate,” “look forward to,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” and similar expressions are used to identify forward-looking statements; however, not all forward-looking statements include these terms. Actual results may differ significantly from those indicated by these forward-looking statements due to various important factors, including those discussed in the “Risk Factors” section of Bitdeer’s annual report on Form 20-F, as well as discussions of potential risks, uncertainties, and other important factors in Bitdeer’s subsequent filings with the U.S. Securities and Exchange Commission. Any forward-looking statements in this press release are relevant only as of the date of this release. Bitdeer specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise. Readers should not consider the information on this page as current or accurate after its publication date.

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