Investment Banks Initiate Bitdeer Coverage W/ Buy Ratings & Targeting Potential Triple-Digit Upside

Three prominent capital markets firms recently initiated coverage on Bitdeer Technologies Group, a key player in the Bitcoin and high-performance computing (HPC) sector. Bitdeer is known for its diversified and vertically integrated operations that span self-mining, hash rate sharing, AI Cloud services and now Bitcoin mining chip development. Their unique position in the market has caught the attention of Roth/MKM, B. Riley Securities and BTIG, each of which offered its insights and projections on Bitdeer – shedding light on its potential in the rapidly evolving Bitcoin mining landscape.