Bitdeer Price Target Raised to $16 by Benchmark

IconCryptoNewsTerminal Staff22 Jul, 2024

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Bitdeer Price Target Raised to $16 by Benchmark

Benchmark, a U.S. investment bank, has raised its price target for Bitdeer, a cryptocurrency cloud mining firm, to $16 from $13. This move suggests that there is growing interest in miners from artificial intelligence (AI) and high-performance computing (HPC) companies, which could make Bitdeer an acquisition target.