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Bitdeer Jumps 30% to All-Time High on AI Expansion
Yahoo Finance·2025-10-16 07:40

Photo by BeInCrypto Crypto mining firm Bitdeer Technologies' stock surged nearly 30% on Wednesday to an all-time high of 27,extendingatwodayrallyfueledbystrongerminingoutputandambitiousAIdatacenterplans.TherallycoincidedwithBitcoinssteadyholdnear27, extending a two-day rally fueled by stronger mining output and ambitious AI data‑center plans. The rally coincided with Bitcoin’s steady hold near 110,000, signaling resilience after recent gains and boosting confidence across the mining sector. The combined market capitalization of listed miners has now exceeded $90 billion — more than double the level recorded in August. Mining ...