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Distressed Miners

Bitcoin Miner Bitdeer Technologies to List on Nasdaq via SPAC Deal

Bitcoin Miner Bitdeer Technologies to List on Nasdaq via SPAC DealAccording to a recent filing with the U.S. Securities and Exchange Commission (SEC), Bitdeer Technologies Holdings, a digital mining firm founded by crypto-billionaire Jihan Wu in 2018, plans to be listed on Nasdaq this Friday. The bitcoin mining firm is scheduled to go public through a special purpose acquisition company (SPAC) deal with Blue Safari […]

Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern

Bitdeer Sets Up $250M Fund to Acquire Assets From Financially Distressed Bitcoin Miners

Bitdeer Sets Up 0M Fund to Acquire Assets From Financially Distressed Bitcoin MinersAccording 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 miners. Bitdeer’s chief executive officer Matt Kong details that “opportunities” arise in “every cycle.” Bitdeer Wants to Acquire Cheap Machines From Distressed Bitcoin Miners […]

Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern