B. Riley Boosts Bitdeer (BTDR) PT to $32 on Strong AI-Driven HPC and Data Center Demand

Group 1 - Bitdeer Technologies Group (NASDAQ:BTDR) is considered a hot tech stock by Wall Street analysts, with B. Riley raising its price target from $17 to $32 while maintaining a Buy rating [1][2] - The increase in price targets for companies focused on high-performance computing (HPC) averaged 78%, with a 5% rise in 2026 forecasts [1][2] - Strong demand for AI-related power and data centers is driving the performance of these companies, despite recent stock pullbacks [2] Group 2 - Bitdeer operates as a technology company for blockchain and HPC across multiple countries, including Singapore, the US, Bhutan, and Norway [3] - While Bitdeer is acknowledged as a potential investment, certain AI stocks are believed to offer greater upside potential with less downside risk [3]