Bitcoin Miner Bitdeer's AI Pivot Earns Price Target Hike at Benchmark
Wall Street broker Benchmark raised its price target on bitcoin (BTC) miner Bitdeer Technologies (BTDR) to 24 implying more than 50% upside from current levels. The broker said the shares still have room to run despite the 70% rally in the shares in the last two months, including more than a 30% move in the past few days after the company announced its AI pivot. The stock was 6.8% higher in early trading to $25.65. The miner’s decision to take AI data center development in-house strengthens it ...