Blue Safari Group, the SPAC firm taking crypto miner Bitdeer public at a $4 billion valuation, has just filed for another extension—the third in less than six months, and this time for up to a year in...
Tag: Bitdeer
Bitcoin mining firm Bitdeer could delay public offering till 2023
Bitdeer, a crypto mining firm spun off from China-based mining manufacturer Bitmain, may see its public offering on Nasdaq delayed a year depending on a vote from shareholders of Blue Safari Group Acq...
Crypto Miner Bitdeer May Extend IPO Deadline by 1 Year
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Bitdeer Has Announced A $250 Million Fund To Assist Bitcoin Miners Financially
From the start of the year, there has been a continuous decline in cryptocurrency prices. The high energy prices and China’s ban on bitcoin mining activities have created a lot of trouble for bitcoin ...
Jihan Wu’s Bitdeer Budgets $250M to Buy Assets From Bleeding Crypto Miners
Jihan Wu’s Bitdeer will be setting aside $250 million to buy assets from crypto miners. The company will invest $50 million in a junior tranche and raise another $200 million from outside investors. J...
Bitdeer Sets Up $250M Fund to Acquire Assets From Financially Distressed Bitcoin Miners – Bitcoin News
According to a representative from the bitcoin mining company backed by the Chinese crypto billionaire Jihan Wu, Bitdeer is crafting a $250 million fund to buy distressed assets from embattled bitcoin...
Jihan Wu-Backed Crypto Miner Bitdeer Acquires ‘Singapore’s Fort Knox’ for $28.4 Million – Bitcoin News
Sources have disclosed that the digital currency mining operation, Bitdeer Technologies, has purchased a high-security storage and display facility in Singapore called Le Freeport for $28.4 million. B...
Crypto Miner Bitdeer Buys Storage Facility Le Freeport for $28M
Bitdeer, a mining company owned by Bitman co-founder Wu Jihan, spent Singapore dollars $40 million (about US$28.4 million) in July to acquire Le Freeport, the highest-security storage facility in Sing...
Bitdeer Technologies Acquires Physical Safety Vault Le Freeport for $28M
Bitdeer owner and Bitmain cofounder Jihan Wu purchased Le Freeport at a large discount discount to expand into physical assets. Digital asset mining provider Bitdeer Technologies has bought maximum se...
Crypto Miner Bitdeer Delays $4B SPAC Deal Again
The SPAC firm taking cryptocurrency miner Bitdeer public at a $4 billion valuation has filed for another three-month extension. The Blue Safari Group, a special purpose acquisition company, was suppos...
Bitdeer and BitFuFu to Test US Stock Market’s Crypto Mining Appetite
Both Bitdeer and BitFuFu could be seen as “fully valued” compared to current publicly listed miners because of their “incredible” growth rate, superior profit margins and tight relationships with mini...