🟢 BTDR surges 4.9% after Citizens initiates with Outperform rating, citing AI growth potential

BTDR is trading up 4.9% at approximately $18, driven by new analyst coverage.

• Citizens initiated coverage on Bitdeer Technologies Group (BTDR) with an "Outperform" rating and a $35 price target today, June 24, 2026.
• The firm highlighted Bitdeer's transition from Bitcoin mining to providing high-performance computing (HPC) capacity for AI, noting significant upside potential.
• This positive analyst sentiment follows the company's recent operational updates and Q1 2026 results, which showed 170% year-over-year revenue growth.