🟢 Bitdeer Technologies is trading 7.7% up today after Barclays initiated Overweight coverage with $15 target

Bitdeer Technologies is trading 7.7% up now at $11.23 after Barclays initiated coverage with an Overweight rating and a $15 price target, citing the company’s shift toward AI and high-performance computing infrastructure.

• A reported five-year, approximately $400 million Malaysia AI-data-center offtake agreement reinforces momentum.
• Bitcoin is up 5.75% since the August 20 close, while Ethereum is up 2.68%, supporting mining-sector sentiment.