Roth Capital is Bullish on Bitdeer Technologies Group (BTDR)

Bitdeer Technologies Group (NASDAQ:BTDR) is among the 11 Best Bitcoin and Blockchain Stocks to Invest in.

Roth Capital is Bullish on Bitdeer Technologies Group (BTDR)

Bitdeer Technologies Group (NASDAQ:BTDR) is among the Best Bitcoin Stocks.  

On February 13, Darren Aftahi of Roth Capital decreased Bitdeer Technologies Group (NASDAQ:BTDR)’s price target from $40 to $30. The analyst maintained a Buy rating, noting “some puts and takes” on the earnings call and mixed Q4 results. The corporation expressed a higher willingness to deploy high-performance computing.

Separately, B. Riley maintained its Buy rating on BTDR while lowering its price target from $29 to $22 on February 12, 2026, citing decreased bitcoin prices and major network difficulties in Q4. The company commented that Bitdeer Technologies Group (NASDAQ:BTDR) could handle growing demand for hyperscaler computing.

On February 10, 2026, the firm claimed that it had mined 668 bitcoins in January. It increased its efforts to win long-term leases by focusing on HPC/AI co-location options at larger facilities like Tydal, Norway. The corporation aims to deploy more Sealminers in 2026, and its self-mining hashrate has hit 63 EH/s, up 14% from December 2025. Bitdeer Technologies Group (NASDAQ:BTDR) expects to introduce the SEALMINER-DL1 in the first quarter of 2026, after its first LTC/Doge miner, the DL1, outperformed expectations during testing.

Bitdeer Technologies Group (NASDAQ:BTDR) runs cryptocurrency mining datacenters and produces revenue from its own mining operations. The company handles equipment procurement, transportation logistics, data center design and construction, equipment administration, and day-to-day operations.

While we acknowledge the potential of BTDR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BTDR and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None.