Bitdeer, a prominent player in the crypto mining industry, has seen its stock price plummet following the announcement of a new convertible notes offering.
Read MoreBitdeer, a prominent player in the crypto mining industry, has seen its stock price plummet following the announcement of a new convertible notes offering.
Read MoreBitdeer Technologies has unveiled the SEAL04 chip as part of its technology roadmap for the newly introduced SEALMINER rig. The chip, slated for launch in Q2 2025, is expected to deliver energy efficiency as low as 5J/TH (joules per terahash).
Read MoreIn a notable move, Tether, the issuer of the popular stablecoin USDT, has invested $100 million in Bitdeer Technologies Group, a US-listed Bitcoin miner owned by Chinese billionaire Jihan Wu. The deal also includes the option for Tether to acquire an extra $50 million worth of shares within the next year, further solidifying its foothold in the Bitcoin mining industry.
Read MoreBitdeer, a cryptocurrency mining firm headed by Jihan Wu, is securing fresh funding from Tether, the entity behind the prominent stablecoin USDT. Tether has committed to investing up to $150 million in Bitdeer through a private placement deal.
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