Form F-3 Bitdeer Technologies

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H.C. Wainwright Reiterates Buy Rating on Bitdeer Technologies Group (BTDR)

June 11, 2024 6:03 AM EDT

H.C. Wainwright analyst Mike Colonnese reiterated a Buy rating and $20.00 price target on Bitdeer Technologies Group (NASDAQ: BTDR).

The analyst comments "Disrupting the ASIC industry with newly released product roadmap and strategic acquisition. Bitdeer announced several key business updates over the past week, including 1) a $100M private placement financing from Tether, the issuer of the worlds largest stablecoin, closed on May 30, 2) that the company entered into a purchase agreement to acquire ASIC designer, DesiweMiner, in an all-stock deal for 20M shares on June 3, valuing... More

Roth/MKM Reiterates Buy Rating on Bitdeer Technologies Group (BTDR)

June 10, 2024 8:52 AM EDT

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

The analyst comments "BTDR agreed to acquire ASIC design company Desiweminer in an all-stock transaction (20M Class A shares). This acquisition should enhance BTDRs vertical... More