Bitdeer is in the spotlight as SqueezeFinder flags BTC strength and a surge in self-mining, fueling momentum for Bitdeer shares [1].
SqueezeFinder signals and Bitdeer data - Last quarter yielded record revenues; June–July self-mining rose 39% MoM to 282 Bitcoins [1]. - August self-mined Bitcoins rose 33% [1]. - Bitdeer unveiled SEALMINER, secured $330M in convertible notes, and plans meetings with BTIG and Rosenblatt; power/data center capex estimated at $260M-$290M [1]. - Needham and Northland Securities published price targets of $17 and $20, respectively (Rosenblatt also targets $20) [1]. - Bitdeer trades around $19.42 and shows a Squeezability of 52% [1].
JonesResearch coverage JonesResearch initiated coverage with a Buy rating and a $32 price target [3]. They note Bitdeer trades at 6.8x–10.6x EV/EBITDA on 2026 estimates, a meaningful discount to the universe average of 18.3x–28.7x [4].
Closing thought: BTC strength and rising self-mining metrics are feeding a bullish narrative for Bitdeer, with a concrete upside thesis from JonesResearch to watch as the BTC backdrop evolves [1][3][4].
References
SqueezeFinder - Oct 6th 2025
Market update notes bitcoin near all-time highs and analyzes Bitdeer BTDR and RCAT with targets and self-mining data
View sourceBTDR
JonesResearch initiates Bitdeer coverage with Buy rating and $32 price target
View sourceJonesResearch initiates coverage on @BitdeerOfficial, places BUY rating with $32 price target. "Bit
JonesResearch initiates on BitdeerOfficial, BUY rating, $32 target; notes EV/EBITDA multiple below peers, signaling upside potential in 2026 for investors.
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