·Confidence 85%
Bitdeer Secures $400M Deal for AI Cloud Facility in Malaysia
Bitdeer has signed a $400 million five-year offtake agreement for an AI cloud facility in Malaysia, marking a shift from crypto mining to sustainable tech.
#Bitdeer
5 articles tagged with #Bitdeer
·Confidence 90%
Benchmark Projects 150% Upside for Bitdeer Amid AI Shift
Benchmark analysts forecast a 150% upside for Bitdeer, driven by its expansion into AI infrastructure and Bitcoin mining, contingent on successful execution.
·Confidence 90%
Benchmark Keeps $22 Price Target for Bitdeer Amid Growth
Benchmark maintains a $22 price target for Bitdeer following a 47% revenue increase, while noting risks from rising costs and market volatility.
·Confidence 90%
Bitdeer Shares Drop 15% Despite Revenue Growth and AI Plans
Bitdeer's shares fell 15% as investors express skepticism over its expensive AI pivot, even with reported revenue growth amid tough competition.
·Confidence 90%
Bitdeer Boosts Bitcoin Mining Output Nearly Fivefold in Q2
Bitdeer reported a significant increase in Bitcoin mining, producing 2,694 BTC in Q2, though it ended the quarter with only 150 BTC remaining.