[Benchmark Considers Bitdeer Stock 'Relatively Cheap' and Reaffirms $27 Price Target] According to The Block, Benchmark Equity Research has reaffirmed its 'Buy' rating and $27 price target for Bitcoin mining company Bitdeer Technologies, stating that the stock has potential for valuation re-rating as it transitions from Bitcoin mining to AI/HPC infrastructure. Analyst Mark Palmer noted that after Hut 8 announced a 352-megawatt AI data center deal at Beacon Point, Bitdeer’s stock surged nearly 21% on Wednesday, reflecting investor enthusiasm for hybrid Bitcoin mining and AI enterprises.