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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

$79,915.27
+0.17%
24h Volume

$7,016,252,201.31

24h H/L

$80,107.99 / $79,233.00

Change: $874.99 (1.10%)

Long/Short
53.1%
Long: 53.1%Short: 46.9%
Funding Rate

+0.0029%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$79,812.01

-0.02%

Volume (24h): -

Resistance Levels
Resistance 3$88,315.23
Resistance 2$81,908.22
Resistance 1$80,157.58
Price$79,812.01
Support 1$79,635.96
Support 2$77,523.79
Support 3$73,033.65
Pivot (PP):$79,824.58
Trend:Sideways
RSI (14):66.7
TB
The Block Editorial
(06:35 PM UTC)
1 min read
DK
Updated byDavid Kim

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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The Block Editorial · The Block

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