XML 59 R45.htm IDEA: XBRL DOCUMENT v3.24.1

SHARE-BASED PAYMENTS (Tables)

12 Months Ended

Dec. 31, 2023

SHARE-BASED PAYMENTS [Abstract]

Number of Shares and Weighted Average Exercise Prices and Movement of Share Awards

The following table illustrates the number of shares and weighted average exercise prices of, and movements in, share awards. For retrospective presentation, the number of Bitdeer’s share awards have been scaled by the exchange ratio of approximately 0.00858 for periods prior to the completion of the Business Combination on April 13, 2023.

		Number of options (’000)				Average exercise price per share award (US$)				Average fair value per share award (US$)
As at January 1, 2021			-				-				-
Granted			9,419				3.50				26.16
As at December 31, 2021			9,419				3.50				26.16
Granted			1,198				3.50				18.34
Forfeited			(219	)			3.50				25.68
As at December 31, 2022			10,398				3.50				25.27
Granted			1,658				4.58				8.15
Exercised(1)			(118	)			3.50				19.23
Forfeited			(194	)			3.68				17.96
As at December 31, 2023			11,744				3.65				23.04
Vested and exercisable at December 31, 2023			5,460				3.50				23.96

⁽¹⁾ 
The total proceeds received from the exercised shares under the 2023 plan during the year ended December 31, 2023 was approximately US$412,000.

Share Based Compensation Expense

The expense recognized for share awards during the year ended December 31, 2023, 2022 and 2021 was approximately US$45.5 million, US$90.6 million and US$88.4 million. The breakdown is as follows:

		Years ended December 31,
In thousands of USD		2023				2022				2021
Cost of revenue			4,722				10,050				10,424
General and administrative expenses			23,797				48,850				54,458
Research and development expenses			13,377				24,258				18,246
Selling expenses			3,592				7,490				5,227
Total			45,488				90,648				88,355

Schedule of Fair Value Assumptions of Awards

The following table provides the inputs range to the model used for determining the value of the grant for the years ended December 31, 2023, 2022 and 2021:

		Years ended December 31,
		2023				2022				2021
Dividend yield (%)			-				-				-
Expected volatility (%)			118% - 124	%			120% - 128	%			130.19% - 130.23	%
Risk-free interest rate (%)			3.81% - 4.59	%			1.618% - 3.886	%			1.24% - 1.57	%
Exercise multiple			2.20 - 2.80				2.20 - 2.80				2.20 - 2.80

Incremental Fair Value Modification

The following table provides the inputs range to the model used for determining the incremental fair value of the modification for the year ended December 31, 2023:

		Year ended December 31, 2023
Dividend yield (%)			-
Expected volatility (%)			119% - 124	%
Risk-free interest rate (%)			3.45% - 3.47	%
Exercise multiple			2.20 - 2.80

X

- Definition

The disclosure of information about incremental fair value modification.

+ References

No definition available.

+ Details

Name:	btdr_DisclosureOfIncrementalFairValueModificationTableTextBlock
Namespace Prefix:	btdr_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

+ References

No definition available.

+ Details

Name:	btdr_ShareBasedPaymentArrangementExpensedAndCapitalizedAmountTableTextBlock
Namespace Prefix:	btdr_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of information about indirect, by reference to the fair value of the equity instruments granted, measurement of the fair value of goods or services received as consideration for the entity's share options.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 2
-IssueDate 2023-01-01
-Paragraph 47
-Subparagraph a
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2023-en-r&anchor=para_47_a&doctype=Standard
-URIDate 2023-03-23

+ Details

Name:	ifrs-full_DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of the number and weighted average exercise prices of share options. [Refer: Weighted average [member]]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 2
-IssueDate 2023-01-01
-Paragraph 45
-Subparagraph b
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2023-en-r&anchor=para_45_b&doctype=Standard
-URIDate 2023-03-23

+ Details

Name:	ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract
Namespace Prefix:	ifrs-full_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration