Roth Capital Lifts PT on Bitdeer Technologies Group (BTDR) Stock

Bitdeer Technologies Group (NASDAQ:BTDR) is one of the Unstoppable Stocks to Buy and Hold for the Next 5 Years. On September 22, Roth Capital lifted the price target on the company’s stock to $40 from $18, while keeping a “Buy” rating, as reported by The Fly. As per the analyst, Bitdeer Technologies Group’s exposure to high-performance computing and AI might not be the narrative right now, but it will quickly become one over the upcoming 6 – 9 months.

Roth Capital Lifts PT on Bitdeer Technologies Group (BTDR) Stock

Bitdeer Technologies Group’s Q2 2025 revenue came in at $155.6 million, reflecting a rise of 56.8% YoY and 121.9% sequentially, thanks to the healthy growth in its self-mining business and external sales of the SEALMINER A2s. Coming to the energy, Bitdeer Technologies Group continued rapidly building its global power and datacenter infrastructure. On a YTD basis, it energized 361 MW of datacenter capacity for self-mining, bringing the total available electrical capacity to ~1.3 GW. Bitdeer Technologies Group expects to have more than 1.6 GW by year-end.

READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now

This article is originally published at Insider Monkey.