Bitdeer Technologies (BTDR) Reports June 2024 Production and Operations

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Go back to Bitdeer Technologies (BTDR) Reports June 2024 Production and Operations

Bitdeer Technologies Group (BTDR) PT Raised to $15 at Cantor Fitzgerald

July 5, 2024 6:36 AM EDT

Cantor Fitzgerald analyst Brett Knoblauch raised the price target on Bitdeer Technologies Group (NASDAQ: BTDR) to $15.00 (from $13.00) while maintaining a Overweight rating.

The analyst comments "Bitdeer Technologies Group (BTDR) released its June operations update this morning (7/3). We have updated our model and are raising our PT to $15 from $13 while reiterating our Overweight rating. BTDR mined 179 Bitcoin in June, a m/ m decrease from 184 in May. Self-mining hash rate increased to 7.3 EH/s from 6.9 EH/s; however,... More