750,000 Shares in Bitdeer Technologies Group (NASDAQ:BTDR) Bought by Mirabella Financial Services LLP

Mirabella Financial Services LLP acquired a new stake in shares of Bitdeer Technologies Group (NASDAQ:BTDR) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 750,000 shares of the company’s stock, valued at approximately $5,872,000. Mirabella Financial Services LLP owned about 0.67% of Bitdeer Technologies Group as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of BTDR. Millennium Management LLC increased its position in shares of Bitdeer Technologies Group by 901.0% during the 2nd quarter. Millennium Management LLC now owns 410,359 shares of the company’s stock valued at $4,210,000 after purchasing an additional 369,363 shares during the last quarter. Point72 Hong Kong Ltd bought a new stake in Bitdeer Technologies Group during the second quarter valued at approximately $4,510,000. Shariaportfolio Inc. bought a new stake in Bitdeer Technologies Group during the third quarter valued at approximately $1,039,000. Thomist Capital Management LP purchased a new stake in Bitdeer Technologies Group during the second quarter valued at approximately $1,156,000. Finally, Point72 Asset Management L.P. bought a new position in Bitdeer Technologies Group in the second quarter worth approximately $4,617,000. Institutional investors own 22.25% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on BTDR shares. Rosenblatt Securities boosted their price objective on shares of Bitdeer Technologies Group from $9.00 to $17.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. B. Riley cut their price target on Bitdeer Technologies Group from $14.00 to $12.00 and set a “buy” rating for the company in a report on Friday, October 11th. Northland Securities upped their price target on Bitdeer Technologies Group from $13.00 to $14.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 19th. Needham & Company LLC reaffirmed a “buy” rating and set a $14.00 price objective on shares of Bitdeer Technologies Group in a research report on Tuesday, November 19th. Finally, Alliance Global Partners began coverage on Bitdeer Technologies Group in a research note on Tuesday, October 8th. They set a “buy” rating and a $14.00 price objective for the company. Ten equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $14.80.

Bitdeer Technologies Group Price Performance

Shares of BTDR opened at $11.79 on Monday. Bitdeer Technologies Group has a 12-month low of $4.12 and a 12-month high of $14.27. The business’s 50 day moving average is $8.44 and its 200 day moving average is $8.19.

Bitdeer Technologies Group Company Profile

Bitdeer Technologies Group operates as a technology company for blockchain and computing. It offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining machine hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining; as well as mines cryptocurrencies for its own account.