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Benchmark: Bitdeer Technologies is in early acquisition talks with several institutions in the AI/HPC field
2024-07-22 12:34:03
Odaily News Bitcoin miner (BTC) Bitdeer Technologies (BTDR) has become an attractive acquisition target, brokerage Benchmark said in a research report on Monday. The brokerage raised Bitdeer's target price from $13 to $16 and reiterated its buy rating on the stock. The report cited a conversation with a company executive saying that Bitdeer is in early talks with several institutions in the AI/HPC field, and once management completes the field analysis, the relevant negotiation discussions "are expected to become more meaningful." (Coindesk)