Why Bitdeer Technologies Group (BTDR) Soared Last Week
From Yahoo Finance: 2025-04-26 14:05:00
Bitdeer Technologies Group (BTDR) saw a significant 38.19% surge last week, closing at $10.53 per share after securing a $200 million credit facility for expansion. The loan, with a 9% variable interest rate, will fuel Bitcoin ASIC manufacturing efforts. BTDR also acquired a 101-megawatt data center in Canada and achieved mining success in Norway. Despite its gains, BTDR ranks 2nd among companies with double-digit increases. For investors seeking AI stocks with potential for higher returns in a shorter timeframe, a report on a promising AI stock trading at less than 5 times earnings is available.
Read more at Yahoo Finance: Why Bitdeer Technologies Group (BTDR) Soared Last Week