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via The Block · By The Block Editorial

Benchmark calls Bitdeer 'comparatively inexpensive' as it reiterates $27 price target for BTDR shares

BTC

BTC/USDT

$63,133.03

+0.10%

$63,133.03

+0.10%

(24s)

24h Volume

$2,512,182,836.07

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0024%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,124.99

▲ 0.06%

Volume (24h): -

Resistance Levels

Resistance 3$66,089.47

Resistance 2$64,394.57

Resistance 1$63,626.42

Price$63,124.99

Support 1$62,999.35

Support 2$62,275.00

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.5

The Block Editorial

(06:35 PM UTC)

1 min read

Updated byDavid Kim

0 comments

Benchmark Equity Research reiterated its "buy" rating and $27 price target on Bitdeer Technologies, citing the stock's re-rating potential as a bitcoin miner transitioning into AI/HPC infrastructure.

Bitdeer shares (BTDR) surged nearly 21% Wednesday following Hut 8's (HUT) announcement of a massive 352 MW AI data center deal at Beacon Point, highlighting investor enthusiasm for hybrid bitcoin…

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