HC Wainwright rates Bitdeer (NASDAQ: BTDR) stock as a buy with a target price of $20.

BlockBeats news on September 11th, H.C. Wainwright & Co. rated the stock of Bitdeer (NASDAQ: BTDR), a cryptocurrency mining company, as a buy, with analyst Mike Colonnese setting a target price of $20. H.C. Wainwright & Co., established in 1868, is an investment bank that provides comprehensive services and is committed to providing investment banking, stock research, sales and trading, as well as corporate access and strategic consulting services. Previously, Bitdeer had received increased holdings from multiple institutional investors. According to publicly available information from the U.S. SEC, both IDG and VanEck increased their holdings in the company.