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BTDR Stock Price: Benchmark Maintains $22 Bitdeer Price Target as Bitcoin Mining Revenue Jumps

CoinCentral·August 11, 2026·1 min read
BTDR Stock Price: Benchmark Maintains $22 Bitdeer Price Target as Bitcoin Mining Revenue Jumps

Benchmark maintained a Buy rating and $22 price target on Bitdeer, implying 100% upside from ~$11. Bitdeer reported Q2 2026 revenue of $228.8 million, up 47% year-over-year. Self-mining revenue reached $168.4 million, with average hash rate at 69.5 EH/s. AI Cloud revenue also contributed.

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