2026-05-08 00:50:35
Benchmark Reiterates $27 Price Target for Bitdeer, Cites 4.5x Forward Valuation as Inexpensive on Thursday
According to Benchmark Equity Research, the firm reiterated its "buy" rating and $27 price target for Bitdeer Technologies (BTDR) on Thursday, citing the stock's valuation at 4.5x forward EV/revenue as comparatively inexpensive despite possessing similar power access and proprietary chip