Latest News and Articles about Bitdeer
Bitdeer’s Bold U.S. Manufacturing Move: Strategic Play or Financial Gamble?
Bitdeer’s U.S. Manufacturing Gamble: A High-Stakes Pivot Amid Crypto Mining Chaos Bitdeer, a Nasdaq-listed crypto mining heavyweight based in Singapore, has dropped a bombshell by announcing plans to expand its mining rig manufacturing operations to the United States. This move, set to launch in 2025, comes as the company wrestles with plummeting profits, a crushing […]
Read MoreCrypto VC Funding Soars to $470M: Bitdeer and Upexi Lead with Major Investments
Crypto Venture Capital Funding Surges: Bitdeer and Upexi Lead the Charge This week saw a staggering $470.75 million in cryptocurrency venture capital funding, marking a significant surge in investments from April 20-26. Leading the pack, Bitdeer Technologies Group raised $179 million to fuel its blockchain and high-performance computing ventures, while Upexi secured $100 million for […]
Read MoreBitdeer Acquires $21M Site in Canada for 99MW Bitcoin Mining Facility
Bitdeer’s Bold Move: $21M Land Purchase in Canada for 99MW Bitcoin Mining Facility Bitdeer, a Singapore-based Bitcoin mining company, has made a strategic acquisition of a 19-acre site in Fox Creek, Alberta, for $21 million, aiming to build a fully integrated Bitcoin mining facility. This move could significantly impact the industry’s cost structure and sustainability. […]
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