Bitcoin Miner Bitdeer Announces Acquisition of ASIC Chip Designer Desiweminer

Thursday, 6 June 2024, 12:27

Bitcoin mining giant Bitdeer has confirmed the acquisition of ASIC chip designer Desiweminer in a significant $140 million all-stock deal. The transaction, involving 20 million Class A ordinary BTDR shares, is poised to enhance Bitdeer's technological capabilities and strengthen its position in the market.
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Bitcoin Miner Bitdeer Announces Acquisition of ASIC Chip Designer Desiweminer

Bitcoin Miner Bitdeer Acquires Desiweminer in $140M All-Stock Deal

Bitdeer, a prominent player in the Bitcoin mining sector, has reached an agreement to purchase ASIC chip designer Desiweminer for a valuation of $140 million. The acquisition will be completed through the issuance of 20 million Class A ordinary BTDR shares.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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