---
title: "Northland Securities Reaffirms Their Buy Rating on Bitdeer Technologies (BTDR)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296517870.md"
description: "Northland Securities analyst Michael Grondahl reaffirmed a Buy rating on Bitdeer Technologies (BTDR) with a $20 price target. This follows a similar Buy recommendation from Barclays’s Nik Cremo. Conversely, KBW reiterated a Hold rating on the stock on August 13."
datetime: "2026-08-20T14:15:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296517870.md)
  - [en](https://longbridge.com/en/news/296517870.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296517870.md)
generator: "portal-rs"
---

# Northland Securities Reaffirms Their Buy Rating on Bitdeer Technologies (BTDR)

In a report released today, Michael Grondahl from Northland Securities maintained a Buy rating on Bitdeer Technologies, with a price target of $20.00.

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Grondahl covers the Financial sector, focusing on stocks such as Abacus Global Management, Encore Capital, and WisdomTree. According to TipRanks, Grondahl has an average return of 22.3% and a 48.88% success rate on recommended stocks. 

In addition to Northland Securities, Bitdeer Technologies also received a Buy from Barclays’s Nik Cremo in a report issued today. However, on August 13, KBW reiterated a Hold rating on Bitdeer Technologies (NASDAQ: BTDR).

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**