Bitdeer Technologies Group (NASDAQ:BTDR) vs. Soluna (NASDAQ:SLNH) Head to Head Contrast

Soluna (NASDAQ:SLNH) and Bitdeer Technologies Group (NASDAQ:BTDR) are both small-cap business services companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, valuation, analyst recommendations, earnings, institutional ownership, risk and dividends.

Analyst Ratings

This is a summary of current ratings and target prices for Soluna and Bitdeer Technologies Group, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Soluna	0	0	0	0	N/A
Bitdeer Technologies Group	0	0	7	1	3.13

Bitdeer Technologies Group has a consensus price target of $14.00, indicating a potential upside of 108.02%. Given Bitdeer Technologies Group’s higher probable upside, analysts plainly believe Bitdeer Technologies Group is more favorable than Soluna.

Institutional and Insider Ownership

23.2% of Soluna shares are held by institutional investors. Comparatively, 22.3% of Bitdeer Technologies Group shares are held by institutional investors. 22.0% of Soluna shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Valuation & Earnings

This table compares Soluna and Bitdeer Technologies Group’s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Soluna	$30.53 million	0.55	-$29.20 million	($23.20)	-0.19
Bitdeer Technologies Group	$420.89 million	1.79	-$56.66 million	($0.41)	-16.41

Soluna has higher earnings, but lower revenue than Bitdeer Technologies Group. Bitdeer Technologies Group is trading at a lower price-to-earnings ratio than Soluna, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Soluna and Bitdeer Technologies Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Soluna	-89.72%	-44.38%	-25.75%
Bitdeer Technologies Group	-11.21%	-3.98%	-2.09%

Risk and Volatility

Soluna has a beta of 2.96, meaning that its share price is 196% more volatile than the S&P 500. Comparatively, Bitdeer Technologies Group has a beta of 1.96, meaning that its share price is 96% more volatile than the S&P 500.

Summary

Bitdeer Technologies Group beats Soluna on 9 of the 14 factors compared between the two stocks.

About Soluna

Soluna Holdings, Inc. together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining. Further, it provides data center hosting services, including electrical power and network connectivity to cryptocurrency mining customers. The company was formerly known as Mechanical Technology Inc and as changed to Soluna Holdings, Inc. Soluna Holdings, Inc. was incorporated in 1961 and is headquartered in Albany, New York.

About Bitdeer Technologies Group

Bitdeer Technologies Group operates as a technology company for blockchain and computing. It offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining machine hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining; as well as mines cryptocurrencies for its own account. The company also operates mining datacenters to generate hash rate; handles various processes involved in computing, such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations; and sells mining machines. The company is headquartered in Singapore.