The Practical Islamic Finance Podcast · Rakaan Kayali

When Will it Stop??

·42 min·2 clips

Bitdeer fell from about 22 to 7.78 in three months after earnings, fires, and financing.

1. The Practical Islamic Finance Podcast episode "When Will it Stop??" centers on Bitdeer and the host's view of its stock slide. 2. The host presents Bitdeer as a "problem child," names Jihan Wu as CEO, and says Tether owns 13% of the company. 3. The episode asks whether Bitdeer's pain is ending, and the answer is tied to Bitcoin, power capacity, and dilution. 4. The host says Bitdeer moved from about $22 on November 7 to $7.78, after earnings, fires in two Ohio buildings, and a January lawsuit. 5. He says crypto sentiment fell after the October liquidation event linked to a Binance stablecoin unpegging and cascading liquidations. 6. He adds that Bitcoin risk-off sentiment was worsened by geopolitical headlines about Greenland and Iran. 7. The host says Bitdeer mines around 183 Bitcoin, compared with about 30 Bitcoin 12 months earlier. 8. He says the company targets 100 exahash this year and has already reached 60 exahash. 9. He argues that a Bitcoin price around $100,000 to $120,000 would ease funding pressure for Bitdeer. 10. He says the company raised more money through convertible notes, which means further dilution for shareholders. 11. The host says the Bitcoin realized price is $54,000 and uses that as a reference for a possible bottom. 12. He says his high-probability Bitcoin bottom estimate is between $55,000 and $60,000. 13. He points to a 2022 streak of nine straight down weeks for Bitcoin and says the next 12 months were up 180%. 14. He says Bitcoin's relationship to gold is giving a signal 14 months after the December 2024 peak in Bitcoin-to-gold strength. 15. He argues that Bitcoin may be exiting a bear market because ETFs, a crypto-friendly administration, and treasury companies changed the cycle. 16. He says Bitdeer has doubled operational electrical capacity from about 900 megawatts in January 2024 to 1,600 megawatts by December 2025. 17. The host's tone is conversational, data-heavy, and often improvised, with repeated references to charts, prices, and live chat questions. 18. The format mixes market commentary, stock analysis, and Q&A about Tesla, Cardano, Vital Farms, and Bitdeer's funding risk. 19. People tracking Bitcoin miners, power shortages, and high-beta crypto equities would find this episode useful. 20. Investors who want a short, polished, low-volatility discussion probably should skip it.

As heard by us

A blunt look at BitDeer, its upside, and the risks that come with higher-beta exposure.

The episode stays focused on BitDeer as a portfolio problem child that has been dealing with a lot of trouble lately. It also reaches for the VIX, Bitcoin output growth, electrical capacity, and the widening power-capacity shortfall, which keeps the argument tied to real…

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Why you'd press play

You get a live read on BitDeer, its BTC-linked upside, and whether the risk fits you.

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