NasdaqCM:BTDRSoftware
Is Bitdeer Technologies Group (BTDR) Fairly Valued On Its $100 Million Texas Land Deal?
Bitdeer Technologies Group (BTDR) has just paid about US$100 million in cash for roughly 200 acres in Milam County, Texas, near its existing Rockdale operation. The purchase removes a key land bottleneck for future AI and high performance computing data center development on the site.
Recent trading in Bitdeer Technologies Group reflects that tension between near term excitement and a mixed longer record. The 1 month share price return of 32.59% and 3.73% gain over the last session point to...