--- title: "Weekly Recap | BTDL.US -21.23%, closes at $5.34" type: "News" locale: "en" url: "https://longbridge.com/en/news/302941201.md" description: "BTDL.US fell 21.23% this week to close at $5.34, underperforming the S&P 500 by roughly 20.76 percentage points. The weekly range was 35.12%, with the high at $7.66 and the low at $5.10. It opened Monday at $7.29 and held between $6.65 and $7.66 over the first three sessions, then slid to $5.66 on Thursday and touched $5.10 on Friday before settling at $5.34. Friday volume reached 186,786 shares, well above the first four days and about 1.56 times the weekly average." datetime: "2026-10-24T04:17:27.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/302941201.md) - [en](https://longbridge.com/en/news/302941201.md) - [zh-HK](https://longbridge.com/zh-HK/news/302941201.md) generator: "portal-rs" --- # Weekly Recap | BTDL.US -21.23%, closes at $5.34 ## The Week BTDL.US fell 21.23% this week to close at $5.34, underperforming the S&P 500 by roughly 20.76 percentage points. The weekly range was 35.12%, with the high at $7.66 and the low at $5.10. It opened Monday at $7.29 and held between $6.65 and $7.66 over the first three sessions, then slid to $5.66 on Thursday and touched $5.10 on Friday before settling at $5.34. Friday volume reached 186,786 shares, well above the first four days and about 1.56 times the weekly average. ## Sector News Bitdeer-related news this week centred on data-centre and AI cloud expansion. On Tuesday, Bitdeer announced the acquisition of 200 acres near its Rockdale facility for AI data-centre development, alongside September 2026 production and operations figures showing bitcoin output up 200% year on year. The stock traded higher after hours that day. A Friday report described AI tenants bidding on data centres before they are even switched on, pointing to strong demand in the space. Saturday headlines were mixed: one noted Bitdeer hitting a 12-month low, while another cited strong-buy ratings on three data-centre names with more than 40% upside. No BTDL.US constituent-level holdings detail was available this week, so sector news remained focused on data centres and AI cloud. ## The Week Ahead On the macro calendar, Monday brings the Dallas Fed manufacturing business activity index, followed on Tuesday by durable goods orders, FHFA house prices, Case Shiller 20-city home prices, new home sales, the Richmond Fed composite index and consumer confidence. Those releases will shape views on rates and economic strength. For the Bitdeer-linked theme behind BTDL.US, the Saturday coverage of AI cloud expansion leaves room for follow-through, and demand signals from AI tenants bidding on data centres are worth tracking. ## In Short BTDL.US traded down sharply this week within a $5.10 to $7.66 band, finishing near the low end of its 60-day range, with the 20-day moving average at $10.36 and the 60-day at $14.07. Turnover picked up on the latest trading day. On the news side, data-centre and AI cloud expansion provided demand-side heat, but a headline about Bitdeer setting a 12-month low sat alongside buy-rated data-centre names elsewhere, leaving a tension between near-term price action and the medium-term narrative. The focus ahead is whether macro data shifts rate expectations and whether the AI cloud story can translate into more durable price support. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [BTDL.US](https://longbridge.com/en/quote/BTDL.US.md) ## Related News & Research - [Singapore's Bitdeer Q3 revenue beats estimates on AI cloud growth](https://longbridge.com/en/news/305008149.md) - [Bitdeer Technologies Group (BTDR) Secured A $4.7 Billion Volta Lease, Is It Still Undervalued?](https://longbridge.com/en/news/305058037.md) - [CoreWeave (CRWV) Rolls Out Managed PostgreSQL As Its AI Platform Gets Broader](https://longbridge.com/en/news/305388403.md) - [LUNR: Revenue topped $269M as backlog hit $1.9B; FY26 revenue guidance is $920M-$950M](https://longbridge.com/en/news/305314600.md) - [Bitdeer Technologies GAAP EPS of -$0.46 misses by $0.09, revenue of $320.7M beats by $62.51M](https://longbridge.com/en/news/305009384.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**