Bitdeer rises as bitcoin mining output triples

By Reuters News

** Bitcoin mining and AI cloud infrastructure company Bitdeer Technologies BTDR.O up 3.6% at $7.97

** Co says it mined 1,355 bitcoins in September, up over 200% from a year earlier

** Self-mining computing power rises to 82.3 exahashes per second in September, from 35 exahashes per second a year ago

** Stock also boosted by a 1.3% gain in Bitcoin that is helping broader cryptocurrency and blockchain-related stocks

** 13 of 14 brokerages rate stock "buy" or higher and 1 "hold"; median PT $22 - data compiled by LSEG

** Including session moves, BTDR down over 27% YTD, underperforming peers CleanSpark CLSK.O and MARA Holdings MARA.O, which have lost over 13% YTD

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