Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
P2P Loan
Grow your wealth in fiat investment
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
2026 World Cup
Rewards

Benchmark Reiterates $27 Buy Rating on Bitdeer as BTDR Surges 21% on AI Infrastructure Push

GateNews
StocksAI Tools & Apps
According to Benchmark Equity Research, on Thursday the firm reiterated its buy rating and $27 price target on Bitdeer Technologies (BTDR), citing the stock's re-rating potential as it transitions into AI and high-performance computing infrastructure. Bitdeer shares surged nearly 21% on Wednesday following Hut 8's announcement of a 352 MW AI data center deal, highlighting investor enthusiasm for hybrid bitcoin mining and AI firms. Bitdeer's AI cloud annual recurring revenue hit $43 million as of end-March, a 105% month-over-month increase. The analyst noted BTDR trades at a comparatively inexpensive 4.5x forward EV/revenue valuation despite possessing similar power access, vertical integration, and proprietary chip development capabilities as higher-valued peers.
View Source
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

05-07 13:35
Datadog Surges Over 30%, AI Software Stocks Rally Today
05-07 12:39
TD Cowen Raises MSTR Price Target to $395 on Thursday, Citing STRC Shift and Improved BTC Yield Outlook
05-07 08:25
Tom Lee Targets S&P 500 at 7,700 by Year-End, Sees Upside in AI and Semiconductor Stocks
05-07 04:30
BitMart Platform Token BMX Surges Over 25% in 24 Hours to 0.366 USDT
05-06 07:17
AMD Jumps 18% on May 6 After Raising Server CPU Growth Forecast to 35% Annually
In-Depth Analysis

Core Scientific sells $208 million worth of BTC in Q1 and turns to AI: CoreWeave backs it with a 12-year contract

ChainNewsAbmedia05-07 10:23

Can it still rise by 90%? SK Securities raises its target prices for Samsung and SK hynix: the memory price outlook is just beginning

ChainNewsAbmedia05-07 08:44

Compass Point Maintains Neutral on Bullish at $36 Target

Crypto Frontier05-06 16:45
Comment
0/400
No comments