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Benzinga
Benzinga
Business
Evette Mitkov

Bitdeer Technologies Stock Is Surging Wednesday: What's Going On?

BitDeer
Creative,Glowing,Candlestick,Forex,Chart,On,Dark,Backdrop.,Finance,Growth

Bitdeer Technologies Group (NASDAQ:BTDR) shares are trading higher on Wednesday following the company’s September operational update. Multiple analysts also maintained bullish ratings and raised price targets.

What To Know: Bitdeer reported September production numbers showing accelerating momentum. The company increased its self-mining hashrate to 35 EH/s, up from 30.3 EH/s in August and said it remains on track to reach 40 EH/s at the end of October. 

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