Benchmark initiated coverage of Bitcoin miner Bitdeer with a Buy rating and a price target of $13. Analysts believe that given Bitdeer’s scalable infrastructure, low mining costs, diversified revenue sources (including self-mining, computing power sharing and hosting), artificial intelligence/high-performance computing solutions and advanced mining equipment Designed and manufactured, the wide gap between its current valuation and its growth prospects makes Bitdeer Technologies (BTDR) stock attractive. It is reported that the stock closed up more than 7% on Wednesday to $6.74. (Coindesk)