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

Post author:MiamiCrypto
Post published:September 28, 2022
Post category:$4 billion distressed loans ASIC machines ASICs Bitcoin Miners Bitdeer Bitdeer CEO BTC Mining cheaper machines Cleanspark compute north debt Distressed bitcoin miners Distressed Miners Jihan Wu Matt Kong Mining Mining Industry News Singapore

According 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…