Bitcoin set to slump to new lows for 2026 after recent sell-off, traders forecast

Bitcoin prices fell this week after cryptocurrency treasury company Strategy revealed it sold a small amount of its bitcoin holding. Traders on prediction market Kalshi think it's likely that the cryptocurrency will fall below $60,000, which would mark a new low in 2026.

CNBC • Jun 3, 2026

Bitcoin's high conviction holders are turning into sellers as the crypto's price hits new lows

In the past two days, bitcoin's highest conviction holders have sold about $2.4 billion in bitcoin. Of the bitcoin sold in the past 30 days, 26% came from investors who bought it above $90,000.

CNBC • Jun 3, 2026

Bitdeer breaks ground on new energy and digital infrastructure facility in Alberta, Canada

FOX CREEK, Alberta, June 02, 2026 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR), a world-leading technology company for artificial intelligence (AI) and Bitcoin mining infrastructure, today broke ground on a new vertically integrated energy and high-performance computing facility near Fox Creek, Alberta, pairing a 101 MW natural gas power plant with a data centre offering approximately 100 MW of computing capacity. The ceremony was attended by Bitdeer's senior leadership, Alberta Cabinet Ministers, the Mayor of the Town of Fox Creek, and the Reeve of the Municipal District of Greenview No.

GlobeNewsWire • Jun 2, 2026

Bitdeer Launches SEALMINER DL1 Hydro Achieving 52.5 GH/s and 149 J/GH Power Efficiency

SINGAPORE, June 01, 2026 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for AI and Bitcoin mining infrastructure, today announced the launch of its latest hydro-cooling mining machine, the SEALMINER DL1 Hydro. Designed for Scrypt algorithm mining, the DL1 Hydro integrates Bitdeer's proprietary ASIC technology with a hydro-cooling thermal management system.

GlobeNewsWire • Jun 1, 2026

Short Sellers Are Hammering These 10 Stocks — One Is 86% Short

Short sellers are piling into a wide-ranging group of names, with the latest Benzinga Pro data showing elevated bearish positioning across 10 stocks spanning energy, crypto, AI and enterprise software.

Benzinga • May 28, 2026

Bitdeer: Rapidly Scaling AI Cloud Deserves A Rerating

Bitdeer demonstrates robust operational growth, with vertical integration driving hashrate, Bitcoin production, and AI cloud ARR expansion despite headline GAAP losses. Q1 revenue surged 170% YoY to $188.9 million. While self-mining revenue and fleet efficiency improved, non-cash charges and aggressive depreciation weighed on margins. AI Cloud ARR accelerated from ~$10 million in January to over $69 million post-Q1, with GPU utilization hitting 94%, signaling strong future revenue potential.

Seeking Alpha • May 20, 2026

Bitdeer Technologies Analysts Increase Their Forecasts Following Q1 Results

Bitdeer Technologies Group (NASDAQ:BTDR) posted mixed results for the first quarter on Thursday.

Benzinga • May 15, 2026

Bitdeer Technologies Group Q1 Earnings Call Highlights

Bitdeer Technologies Group NASDAQ: BTDR reported sharply higher first-quarter revenue as its Bitcoin mining output expanded, while management emphasized a broader push into AI cloud services and large-scale data center colocation.

MarketBeat • May 14, 2026

Bitdeer Technologies Group (BTDR) Q1 2026 Earnings Call Transcript

Bitdeer Technologies Group (BTDR) Q1 2026 Earnings Call Transcript

Seeking Alpha • May 14, 2026

Bitdeer Reports Unaudited Financial Results for the First Quarter of 2026

SINGAPORE, May 14, 2026 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for AI and Bitcoin mining infrastructure, today released its unaudited financial results for the first quarter ended March 31, 2026. Q1 2026 Financial 1 Highlight All amounts compared to Q1'25 unless otherwise noted Total revenue was US$188.9 million vs.

GlobeNewsWire • May 14, 2026