The brokerage firm Benchmark said in a research report on Monday that Bitcoin mining company Bitdeer Technologies (BTDR) has become an attractive acquisition target. The brokerage raised Bitdeer's target price from $13 to $16 and reiterated its buy rating on the stock. It is reported that the report cited a conversation with a company executive saying that Bitdeer is communicating with several institutions in the fields of artificial intelligence (AI) and high-performance computing (HPC), or involving early acquisition transaction negotiations. Once management completes the on-site analysis, the relevant negotiation discussions "are expected to become more meaningful." (Coindesk)