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Bitcoin Miner Bitdeer's AI Pivot Earns Price Target Hike at Benchmark
Yahoo Finance· 2025-10-20 22:10
Wall Street broker Benchmark raised its price target on bitcoin (BTC) miner Bitdeer Technologies (BTDR) to $38 from $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 ...