Benchmark: Bitdeer’s self-developed AI data center can boost profits and accelerate revenue

Jinse Finance reported that Benchmark is bullish on Bitdeer (NASDAQ: BTDR), stating that its comprehensive transition of AI data centers to in-house development is expected to improve profit margins and accelerate revenue realization. Bitdeer is building a 570 MW campus in Ohio, USA, which is expected to be put into operation ahead of schedule by the end of 2026, and plans to deploy 200 MW of AI computing power in Norway. Benchmark has set a target price of $38, valuing the company at 6 times its projected 2026 revenue.