AI × CryptoBullishThe Block · 2h ago7/10
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Benchmark calls Bitdeer ‘comparatively inexpensive’ as it reiterates $27 price target for BTDR shares
Benchmark maintained a $27 price target for Bitdeer (BTDR) while characterizing the stock as 'comparatively inexpensive.' The affirmation comes as Bitdeer's AI cloud annualized recurring revenue (ARR) reached $43 million by end-March, representing a 105% month-over-month increase, supported by growing self-mining hashrate capacity.
