Bitdeer


Finance

Bitdeer to Raise $500M for Bhutan Crypto Mining Operations in Deal With Government

Bitdeer said the agreement marks "a crucial expansion into Asia" and expects fundraising efforts to commence this month.

Bhutan (Sittichok Glomvinya/Pixabay)

Videos

Paxful CEO Proposes New Peer-to-Peer Electronic Market System; Bitdeer Stock Slumps Nearly 30% in Trading Debut

Earlier this month, peer-to-peer bitcoin marketplace Paxful suspended its operations. Now, Paxful co-founder Ray Youssef is co-authoring a white paper on a new peer-to-peer electronic market system. Separately, Bitdeer's (BTDR) shares dropped nearly 30% after the bitcoin miner was listed on the Nasdaq Friday.

Recent Videos

Finance

Bitcoin Miner Bitdeer Stock Slumps Nearly 30% at Trading Debut

The Singapore firm is one of the largest bitcoin miners in the world, with 16.2 EH/s of hashrate.

(Bitdeer Group)

Finance

Crypto Miner Bitdeer May Extend IPO Deadline by 1 Year

Jihan Wu's cloud-mining firm may not go public till December 2023.

Bitdeer founder Jihan Wu (CoinDesk)

Finance

Bitmain Founder Jihan Wu Setting Up $250M Fund to Buy Distressed Bitcoin Mining Assets: Report

Wu's Bitdeer Technologies will initially invest $50 million and aims to raise another $200 million from outside investors.

Bitdeer founder Jihan Wu (CoinDesk)

Layer 2

Bitmain Redux: Bitdeer and BitFuFu Are About to Test US Stock Market's Mining Appetite

China's two biggest cloud mining platforms plan to go public on the Nasdaq via SPAC deals this year, at a time when crypto and broader markets have pulled back from their peaks.

Jihan Wu, now chairman and founder of Bitdeer, in 2018 (Bloomberg/Getty Images)

Finance

Warren Targets 6 More Crypto Miners for Their Energy Use

The crypto miners welcomed the dialogue on the environmental issues of mining with the Massachusetts senator.

Sen. Elizabeth Warren (D-Mass.) (Kevin Dietsch/Getty Images)

Markets

Chinese Bitcoin Mining Company Invests $25M in New Facility in Texas

BIT Mining's new Texas facility will open a new frontier for the firm at a time of rapid investment in North American mining.

Welcome to Texas

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