Bitdeer (BTDR) Sees 14% Surge Amidst Increased Bitcoin Mining Activity

Reported 1 day ago

Bitdeer Technologies Group (NASDAQ:BTDR) experienced a 14.46% rise in share prices to $16.15 after reporting a significant increase in Bitcoin mining operations, having mined 375 Bitcoins in August, a 33% rise from July. The company is on track to reach a self-mining target of 40 EH/s by October 2025 while also planning to pay off $7.7 million in debt early. Despite this promising growth, some analysts suggest that AI stocks may offer better investment opportunities.

Source: YAHOO

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