Roth/MKM Starts Bitdeer Technologies Group (BTDR) at Buy

Roth/MKM analyst Darren Aftahi initiates coverage on Bitdeer Technologies Group (NASDAQ: BTDR) with a Buy rating and a price target of $14.00.

The analyst comments "BTDR represents an opportunity for investors to own a multi-faceted Crypto/ HPC platform company with plans to more than double its capacity to ~2GW in the coming years, potentially giving it a seat at the “adult” table of BTC miners. While it will need capital to scale, its self-mining, hash rate sharing, hosting and AI Cloud services segments offer investors a diversified Crypto/ HPC investment growth story. Initiating coverage with a Buy and $14 price target."

For an analyst ratings summary and ratings history on Bitdeer Technologies Group click here. For more ratings news on Bitdeer Technologies Group click here.

Shares of Bitdeer Technologies Group closed at $7.86 yesterday.

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