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Bitdeer Technologies, a major player in the bitcoin mining sector, has been identified as a potential takeover target according to a recent report from Benchmark. The firm raised its price target for Bitdeer's shares from $13 to $16, reflecting increased interest from artificial intelligence and high-performance computing companies in the energy assets of crypto miners. Bitdeer's shares have seen significant appreciation, more than doubling in value over the past two months. Additionally, Bitdeer recently completed a $140 million all-stock acquisition of FreeChain, further expanding its operations in the bitcoin mining space. As of July 19, Bitdeer's closing share price was $10.99, indicating a potential upside based on the new price target.
BULLISH BREAKING 🚨👇 BERNSTEIN TODAY HIGHLIGHTS #BITCOIN MINERS + $MSTR AS FAVOURABLE PROXIES FOR CONTINUED BTC STRENGTH! HIGHLIGHTS $CLSK, $MARA, $RIOT OUTPERFORMING IN THE CONVENTIONAL MINER BASKET ✅ HIGHLIGHTS AI/HPC TICKERS $IREN and $CORZ AS OUTPERFORMERS ✅ NOTES…
Bitcoin miner @BitdeerOfficial has become an attractive acquisition target. The financial company raised the target price for the mining firm's shares from $13 to $16 with a "buy" rating. Bitdeer's closing price on Friday, July 19, was $10.99. In pre-market trading on June 21,… https://t.co/2qVHQAAzpJ
BENCHMARK: BITDEER A POTENTIAL TAKEOVER TARGET Bitdeer Technologies has become a potential takeover target, according to a research report by Benchmark. The broker raised its price target for the bitcoin miner to $16 from $13, citing the growing interest from AI and HPC firms… https://t.co/WfrphkFdjD