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Stock impact report

Bitdeer Technologies Group (BTDR) Revenue Beats Estimates Despite EBITDA Shortfall [Yahoo! Finance]

Bitdeer Technologies Group - Ordinary Shares (BTDR) 
Company Research Source: Yahoo! Finance
price target for Bitdeer Technologies Group (NASDAQ:BTDR) to $22 from $30 while retaining a Buy rating on the company's shares. The revision comes after Bitdeer's Q4 results, which showed revenue above estimates, though adjusted EBITDA fell short. Bitdeer Technologies Group (BTDR) Revenue Beats Estimates Despite EBITDA Shortfall Needham predicts Bitdeer Technologies Group (NASDAQ:BTDR) will sign a lease at its Tydal plant over the next two to five months, with lower capital expenditures than typical build-outs. Tydal refit completion is scheduled at the close of 2026, with test GPUs likely towards the end of the year. The firm also stated that lawsuits involving Bitdeer's Clarington location add ambiguity over whether an HPC tenant can be adequately evaluated, though Needham says there are potential answers to the issue. Moreover, Needham issued 2027 estimates for Bitdeer Technologies Group (NASDAQ:BTDR), which include 150MW of colocation revenue, with the price target reduced Show less Read more
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