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 (NASDAQ:BTDR)’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.

Bitdeer Technologies Group (NASDAQ:BTDR)’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 (NASDAQ:BTDR) 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 (NASDAQ:BTDR) expects to have more than 1.6 GW by year-end.

While we acknowledge the potential of BTDR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.