Bitdeer, a prominent cloud mining platform, has signed an agreement with B. Riley Principal Capital II, LLC, allowing Bitdeer to sell up to US$150 million worth of its Class A ordinary shares to B. Riley Principal Capital II. This move is expected to give Bitdeer greater financial flexibility, which will enable the platform to continue offering innovative cloud mining services to its clients. As the cloud mining industry grows due to the increasing popularity of cryptocurrencies, Bitdeer has emerged as a leading player in this space, leveraging cutting-edge data center technologies to deliver superior cloud mining services.
Source: https://coinpedia.org/crypto-live-news/bitdeer-partners-with-b-riley-to-raise-150-million-for-cloud-mining-services/